GEVO

Qatar Airways Enters into New Fuel Sales Agreement with Gevo for 5 Million Gallons of Sustainable Aviation Fuel Per Year Over Five Years

Retrieved on: 
Tuesday, October 25, 2022
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ENGLEWOOD, Colo., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Qatar Airways (Qatar).

Key Points: 
  • ENGLEWOOD, Colo., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Qatar Airways (Qatar).
  • The agreement sets forth the terms for the purchase of 5 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevos future commercial operations.
  • Gevos delivery of SAF under this agreement is expected to begin in 2028 at various airports in California.
  • Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said, Qatar Airways continues to prioritize our commitment to net-zero flying by the middle of this century.

Gevo, Inc. to Report Third Quarter 2022 Financial Results on November 8, 2022

Retrieved on: 
Wednesday, October 12, 2022
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To participate in the live call, please register through the following event weblink: https://register.vevent.com/register/BIc9b140adb9fa4b89a10bb2deaacbece5 .

Key Points: 
  • To participate in the live call, please register through the following event weblink: https://register.vevent.com/register/BIc9b140adb9fa4b89a10bb2deaacbece5 .
  • After registering, participants will be provided with a dial-in number and pin.
  • Gevos products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.
  • Gevo believes that Argonne National Laboratory GREET model is the best available standard of scientific based measurement for life cycle inventory or LCI.

Gevo, Inc. Provides Company and Project Updates

Retrieved on: 
Monday, October 10, 2022
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ENGLEWOOD, Colo., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (Gevo or the Company), a renewable fuels company focused on the production of sustainable aviation fuel (SAF), today provides an update on the Company and projects currently in process.

Key Points: 
  • ENGLEWOOD, Colo., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (Gevo or the Company), a renewable fuels company focused on the production of sustainable aviation fuel (SAF), today provides an update on the Company and projects currently in process.
  • Updates to those milestones will be found in the Companys press releases and investor presentations in the Investor Relations section of Gevos website.
  • The Company recently received notice from the federal Renewable Fuel Standard (RFS) that the RNG produced qualifies for Renewable Identification Numbers (RINs).
  • 1 Project EBITDA is a non-GAAP financial measure that we define as total operating revenues less total operating expenses for the project.

U.S. Department of Agriculture Selects Gevo’s Climate-Smart Farm-to-Flight Proposal with a Funding Ceiling of $30MM

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Monday, September 19, 2022
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ENGLEWOOD, Colo., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that the U.S. Department of Agriculture has selected Gevos Climate-Smart Farm to Flight proposal for funding with an award ceiling of up to $30 million.

Key Points: 
  • ENGLEWOOD, Colo., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that the U.S. Department of Agriculture has selected Gevos Climate-Smart Farm to Flight proposal for funding with an award ceiling of up to $30 million.
  • Gevos project was one of the 70 projects selected by the USDA under the first pool of the Partnerships for Climate-Smart Commodities funding opportunity totaling $2.8 billion.
  • We are honored that our proposal was selected for funding as part of this historic partnership for Climate-Smart Commodities from the U.S. Department of Agriculture, says Dr. Paul Bloom, Chief Carbon Officer and Chief Innovation Officer for Gevo.
  • Gevos products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.

Gevo Breaks Ground on Its First Commercial-Scale Sustainable Aviation Fuel Facility, Net-Zero 1, in Lake Preston, South Dakota

Retrieved on: 
Thursday, September 15, 2022
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ENGLEWOOD, Colo., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce the groundbreaking of its first commercial-scale sustainable aviation fuel (SAF) facility, Net-Zero 1 (NZ1).

Key Points: 
  • ENGLEWOOD, Colo., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce the groundbreaking of its first commercial-scale sustainable aviation fuel (SAF) facility, Net-Zero 1 (NZ1).
  • The NZ1 project is expected to employ 1,000 people during the construction phase with approximately 90 full-time employees once operational.
  • This is an important milestone that our team has worked hard to achieve, said Dr. Patrick Gruber, Gevos Chief Executive Officer.
  • In 2023, Gevo expects to close the construction financing for the NZ1 project and begin construction of NZ1.

The Gevo NW Iowa RNG Project Achieves Important EPA Milestone Ahead of Schedule

Retrieved on: 
Tuesday, September 13, 2022
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ENGLEWOOD, Colo., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that its Northwest Iowa Renewable Natural Gas project, Gevo NW Iowa RNG, LLC (Gevo RNG), was granted registration approval by the Environmental Protection Agency (EPA), allowing Gevo RNG to participate in the Renewable Fuel Standard (RFS) program.

Key Points: 
  • ENGLEWOOD, Colo., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that its Northwest Iowa Renewable Natural Gas project, Gevo NW Iowa RNG, LLC (Gevo RNG), was granted registration approval by the Environmental Protection Agency (EPA), allowing Gevo RNG to participate in the Renewable Fuel Standard (RFS) program.
  • The work we are doing at the Northwest Iowa RNG operations is critical to Gevos work in the reduction of the carbon intensity of fuels.
  • The RNG Project generates renewable natural gas captured from dairy cow manure.
  • The manure for the RNG Project is supplied by three dairy farms located in Northwest Iowa totaling over 20,000 milking cows.

Alaska Airlines and Gevo Enter into Sustainable Aviation Fuel Sales Agreement for 37 Million Gallons Per Year for Five Years

Retrieved on: 
Wednesday, August 3, 2022
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ENGLEWOOD, Colo., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Alaska Airlines (NYSE: ALK).

Key Points: 
  • ENGLEWOOD, Colo., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Alaska Airlines (NYSE: ALK).
  • The Agreement provides for Alaska Airlines to purchase 37 million gallons per year of sustainable aviation fuel (SAF) for five years through Gevos future commercial operations.
  • As we continue to grow our partnerships with oneworld airlines, Im personally gratified to see that Alaska Airlines has joined our list of partners, said Gevo CEO Dr. Patrick Gruber.
  • When Alaska Airlines receives fuel from one of our Net-Zero facilities, they will do so having been a part of some of our very important initial testing and delivery of sustainable aviation fuel.

Gevo Closes on Net-Zero 1 Production Facility Land in Lake Preston, SD, Plans Fall Groundbreaking

Retrieved on: 
Monday, July 25, 2022
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The site initially optioned for purchase by Gevo in December of 2020, is very favorable for producing low-carbon SAF.

Key Points: 
  • The site initially optioned for purchase by Gevo in December of 2020, is very favorable for producing low-carbon SAF.
  • After just over eighteen months of due diligence at the site, we are excited to commit and move forward.
  • I expect that Lake Preston and South Dakota will showcase what works well when all the parts unite.
  • I want to get on with it and show people what is possible, said Dr. Patrick Gruber, Gevos Chief Executive Officer.

Gevo Signs Sustainable Aviation Fuel Sales Agreement with American Airlines for 100 Million Gallons Per Year for Five Years

Retrieved on: 
Friday, July 22, 2022
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ENGLEWOOD, Colo., July 22, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with American Airlines, Inc. (NASDAQ: AAL).

Key Points: 
  • ENGLEWOOD, Colo., July 22, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with American Airlines, Inc. (NASDAQ: AAL).
  • The agreement sets forth the terms for the sale of 100 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevos future commercial operations.
  • Gevo estimates that the agreement should generate approximately $2.75 billion of revenue over the five-year term, inclusive of the value of environmental benefits.
  • The Agreement with American Airlines is the single, largest fuel sales agreement ever entered into by Gevo with a customer.

Gevo to Report Second Quarter 2022 Financial Results on August 8, 2022

Retrieved on: 
Thursday, July 14, 2022
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ENGLEWOOD, Colo., July 14, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call onMonday, August 8, 2022,at4:30 p.m. EDT(2:30 p.m. MDT) to report its financial results for the second quarter endedJune 30, 2022and provide an update on recent corporate highlights.

Key Points: 
  • ENGLEWOOD, Colo., July 14, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call onMonday, August 8, 2022,at4:30 p.m. EDT(2:30 p.m. MDT) to report its financial results for the second quarter endedJune 30, 2022and provide an update on recent corporate highlights.
  • To listen to the conference call (audio only), please register through the following event weblink: https://edge.media-server.com/mmc/p/65vvqgmx .
  • A webcast replay will be available two hours after the conference call ends onAugust 8, 2022.
  • Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.