GEVO

Gevo and U.S. Department of Agriculture Sign Agreement Providing Gevo a Grant to Incentivize, Track, and Verify Acreage of Low-Carbon Corn to Accelerate Production of Sustainable Aviation Fuel (SAF) and Other Biofuels

Retrieved on: 
Wednesday, September 6, 2023
Carbon, Privacy Office of the U.S. Department of Homeland Security, Ethanol, SAF, LCI, Farmer, Native, Greenhouse gas, GEVO, Reward, Science, U.S. Department of Agriculture Cotton Annex, Argonne National Laboratory, USDA, Biofuel, Partnership, Renewable energy, Gevo, Verity

This program is aimed at tracking and quantifying the carbon-intensity (CI) impact of climate-smart practices while creating market incentives for low CI corn to help accelerate production of sustainable aviation fuel (SAF) and low-CI ethanol.

Key Points: 
  • This program is aimed at tracking and quantifying the carbon-intensity (CI) impact of climate-smart practices while creating market incentives for low CI corn to help accelerate production of sustainable aviation fuel (SAF) and low-CI ethanol.
  • "The program will also focus on deploying our Verity Tracking platform with farmers to help them measure, report and verify their CI reductions."
  • Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.
  • "This grant will help us apply the best science and reward growers for making a real difference to lower GHGs of biofuels."

Dr. Patrick Gruber to Participate in a Water Tower Research Fireside Chat on Thursday, August 17th at 4:00 pm ET

Retrieved on: 
Tuesday, August 15, 2023
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ENGLEWOOD, Colo., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that Dr. Patrick Gruber, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Thursday, August 17, 2023, at 4:00 pm ET.

Key Points: 
  • ENGLEWOOD, Colo., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that Dr. Patrick Gruber, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Thursday, August 17, 2023, at 4:00 pm ET.
  • Topics will include an overview of plant design and systems, alcohol to hydrocarbons technology (including ethanol to olefins), and decarbonization strategies.
  • Investors and other persons interested in participating in the event must register using the link below.
  • Please note that registration for the live event is limited but may be accessed at any time for replay after the presentation ends on August 17, 2023, utilizing the same registration link.

Gevo Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 10, 2023
Carbon, Ethanol, Farmer, Natural gas, GAAP, Renewable natural gas, Patent, Investment, Environment, Agri-Energy Roundtable, Hydrocarbon, Maintenance, British thermal unit, Consultant, Growth, Interest, U.S. Department of Defense Strategy for Operating in Cyberspace, RNG, IP, Net Zero Directorates, California Air Resources Board, Depreciation, Research, Partnership, U.S. Department of Energy, Office of Inspector General, CI, GEVO, DOE, Sale, EBITDA, Emission intensity, USDA, LG Chem, Rare-earth element, Renewable energy, Pharmaceutical industry, Video game, Bookkeeping, Commercial property, Cryptocurrency, Finance, Gevo, Flight, Verity

ENGLEWOOD, Colo., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the second quarter of 2023 and recent corporate highlights.

Key Points: 
  • ENGLEWOOD, Colo., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the second quarter of 2023 and recent corporate highlights.
  • In the second quarter of 2023, Gevo received $1.3 million, before foreign taxes of $0.2 million, and expects to receive an additional $1.2 million over the next two years associated with the joint development efforts.
  • Gevo NW Iowa RNG generated positive, stand-alone non-GAAP cash EBITDA1 of $0.4 million for the quarter.
  • They will review Gevo’s financial results and provide an update on recent corporate highlights.

Gevo’s Net-Zero 1 Reaches Key Milestone for Loan Guarantee from the U.S. Department of Energy

Retrieved on: 
Monday, August 7, 2023
U.S. Department of Energy, Office of Inspector General, Electricity, SAF, GEVO, Aviation, Livestock, RNG, DOE, Wind, The Net, Aviation biofuel, Natural gas, Manure, Hydrocarbon, Renewable energy, Gevo

The invitation was based on the DOE’s determination that Gevo’s Net-Zero 1 Project is highly qualified and suitable for a loan guarantee from the DOE.

Key Points: 
  • The invitation was based on the DOE’s determination that Gevo’s Net-Zero 1 Project is highly qualified and suitable for a loan guarantee from the DOE.
  • This key milestone marks the successful completion of the phase II application and diligence process, which Gevo publicly announced on January 19, 2023.
  • Most importantly, this milestone signifies the commencement of the underwriting phase for the debt financing process.
  • "We believe that reaching this stage with the DOE is a critical milestone and illustrative of Gevo’s progress in developing Net-Zero 1.

Gevo Signs Master Services Agreement with McDermott for Sustainable Aviation Fuel Facilities

Retrieved on: 
Monday, July 24, 2023
Senior, Electricity, SAF, GEVO, Aviation, Gasoline, EPC, Livestock, RNG, Wind, Master service agreement, McDermott, MSA, Engineering, Natural gas, Manure, Praj, Methane, McDermott International, Hydrocarbon, Axenic, Gevo

ENGLEWOOD, Colo., July 24, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce it entered into a Master Services Agreement (MSA) with a subsidiary of McDermott International, Ltd to provide front end engineering and early planning services for Gevo’s development of multiple sustainable aviation fuel facilities in North America.

Key Points: 
  • ENGLEWOOD, Colo., July 24, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce it entered into a Master Services Agreement (MSA) with a subsidiary of McDermott International, Ltd to provide front end engineering and early planning services for Gevo’s development of multiple sustainable aviation fuel facilities in North America.
  • The Net-Zero 1 plant is expected to produce up to 65 million gallons of sustainable aviation fuel (SAF), diesel, renewable gasoline that, when consumed, is designed to have a lifecycle net-zero greenhouse gas footprint.
  • “Gevo is a premier provider in the fast-growing sustainable aviation fuel market.
  • Electricity needed to power the plant will come from wind energy, ensuring a sustainable and environmentally friendly approach to fuel production.

Gevo, Inc. to Report Second Quarter 2023 Financial Results on August 10, 2023

Retrieved on: 
Thursday, July 13, 2023
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ENGLEWOOD, Colo., July 13, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on Thursday, August 10, 2023, at 4:30 p.m.

Key Points: 
  • ENGLEWOOD, Colo., July 13, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on Thursday, August 10, 2023, at 4:30 p.m.
  • ET (2:30 p.m. MT) to report its financial results for the second quarter ended June 30, 2023, and provide an update on recent corporate highlights.
  • To participate in the live call, please register through the following event weblink: https://register.vevent.com/register/BI82de9cfb93c4451496d83261acc6dc07 After registering, participants will be provided with a dial-in number and pin.
  • To listen to the conference call (audio only), please register through the following event weblink: https://edge.media-server.com/mmc/p/aqorx2re
    A webcast replay will be available two hours after the conference call ends on August 10, 2023.

Patrick Gruber to Participate in a Water Tower Research Fireside Chat on Tuesday, June 13th at 4:00 pm ET

Retrieved on: 
Thursday, June 8, 2023
GEVO, Gevo, Person

ENGLEWOOD, Colo., June 08, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that Patrick Gruber, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Tuesday June 13, 2023 at 4:00 pm ET.

Key Points: 
  • ENGLEWOOD, Colo., June 08, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that Patrick Gruber, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Tuesday June 13, 2023 at 4:00 pm ET.
  • Topic: The evolution of Gevo's business model, capital deployment, and proprietary technology
    Investors and other persons interested in participating in the event must register using the link below.
  • Please note the event may be accessed at any time for replay after the presentation ends on June 13, 2023, utilizing the same registration link.

Gevo Announces $25 Million Stock Repurchase Program

Retrieved on: 
Tuesday, May 30, 2023
GEVO, Growth, Nature, Car rental, Gevo

ENGLEWOOD, Colo., May 30, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq: GEVO) announced today that its Board of Directors (the “Board”) has authorized a stock repurchase program, under which it may repurchase up to $25 million of its common stock.

Key Points: 
  • ENGLEWOOD, Colo., May 30, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq: GEVO) announced today that its Board of Directors (the “Board”) has authorized a stock repurchase program, under which it may repurchase up to $25 million of its common stock.
  • The primary goal of the repurchase program is to allow Gevo to opportunistically repurchase shares, while maintaining Gevo’s ability to fund its development projects.
  • “This stock repurchase program demonstrates the confidence that the Board, management, and I have in the future of Gevo in light of what we believe to be the considerably undervalued price of our common stock," said Dr. Patrick R. Gruber, Gevo’s Chief Executive Officer.
  • H.C. Wainwright & Co. will execute the stock repurchase program on behalf of Gevo.

Gevo Hires Industry Veteran Nancy N. Young as Chief Sustainability Officer

Retrieved on: 
Tuesday, May 30, 2023
Carbon, United Nations, College, International Civil Aviation Organization, International Steering Group for Kosovo, Policy, GEVO, Aviation, Commercial aviation, Harvard Law School, Sustainable transport, Gevo, College of William & Mary, Legislation, Climate change, United, Airlines for America, Chief innovation officer, Transport, Harvard Journal on Legislation, Renewable energy

ENGLEWOOD, Colo., May 30, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Nancy N. Young has been hired as Chief Sustainability Officer to lead the sustainability, environmental, and scientific affairs for the company.

Key Points: 
  • ENGLEWOOD, Colo., May 30, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Nancy N. Young has been hired as Chief Sustainability Officer to lead the sustainability, environmental, and scientific affairs for the company.
  • Nancy is a highly experienced veteran of the aviation industry, with deep expertise in developing environmental and sustainability policy, and regulatory programs, as well as in commercial deployment of low carbon fuels and technologies.
  • Her most recent position was as Chief Sustainability Officer for Alder Fuels.
  • “I am thrilled to be joining Gevo at such a critical time in the aviation industry," Young said.

Gevo Applauds India’s First Commercial Flight Using Sustainable Aviation Fuel Utilizing Gevo’s Alcohol to Jet Technology

Retrieved on: 
Friday, May 19, 2023
ATJ, Partnership, AIX Connect, SAF, IOCL, Natural gas, GEVO, Aviation, Organization, Ministry, Ministry of Petroleum and Natural Gas, Laboratory, Aviation biofuel, Praj, Development, Ministry of Civil Aviation (India), Indian Oil Corporation, Air India, Airline, Jet fuel, Petroleum, Gevo

ENGLEWOOD, Colo., May 19, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) a global leader in renewable chemicals and advanced biofuels, celebrates a momentous achievement in the decarbonization of the aviation sector as India successfully completes its first commercial passenger flight using an indigenously produced Sustainable Aviation Fuel (SAF) blend.

Key Points: 
  • ENGLEWOOD, Colo., May 19, 2023 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) a global leader in renewable chemicals and advanced biofuels, celebrates a momentous achievement in the decarbonization of the aviation sector as India successfully completes its first commercial passenger flight using an indigenously produced Sustainable Aviation Fuel (SAF) blend.
  • The SAF sourced for this initiative by Praj Industries was made possible through a partnership with Gevo using Gevo’s Alcohol-to-Jet (ATJ) technology to produce SAF using bio-based feedstock.
  • This remarkable milestone represents a significant step forward in India's commitment to sustainable aviation and showcases the dedication of the Air India group, IOCL, and Praj Industries.
  • Gevo is proud to partner with Praj Industries in developing innovative solutions that contribute to a greener future."