GEVO

Aer Lingus Enters into New Fuel Sales Agreement with Gevo for 6.3 Million Gallons of Sustainable Aviation Fuel Per Year Over Five Years

Retrieved on: 
Wednesday, July 13, 2022
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The Agreement provides for Aer Lingus to purchase 6.3 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevos future commercial operations.

Key Points: 
  • The Agreement provides for Aer Lingus to purchase 6.3 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevos future commercial operations.
  • The expected value for the Agreement is deemed to be $173 million, inclusive of the value from environmental benefits for Gevo.
  • Gevo expects to continue to pursue its stated goal of producing and commercializing one billion gallons of SAF by 2030.
  • The sustainable aviation fuel produced by Gevo will be used to power our flights from Los Angeles and San Francisco and, from 2026, 50% of fuel purchased by Aer Lingus from California will be sustainable aviation fuel.

Finnair and Gevo Enter into Sustainable Aviation Fuel Sales Agreement for 7 Million Gallons of Per Year Over Five Years

Retrieved on: 
Tuesday, June 21, 2022
SAF, Heart, Uncertainty, Argonne National Laboratory, Aircraft, Carbon, Agreement, 8-K, Annual report, GEVO, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Aviation, LCI, Electricity, NASDAQ, Finnair, Natural gas, Alliance, Food chain, Plastic, Transport, Gasoline, GLOBE, Nasdaq Helsinki, Memorandum of understanding, Airline, Renewable energy, Gevo

ENGLEWOOD, Colo., June 21, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Finnair.

Key Points: 
  • ENGLEWOOD, Colo., June 21, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Finnair.
  • The Agreement outlines the details for the purchase of 7 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevos commercial operations.
  • The expected value for the Agreement to be $192 million over the five-year period, inclusive of the value from environmental benefits for Gevo.
  • Gevo was founded on the principle of building sustainability into every step of our process, said Dr. Patrick R. Gruber, Gevos Chief Executive Officer.

Gevo’s Northwest Iowa RNG Project Hits Major Milestone; Begins Injecting Dairy RNG into Natural Gas Pipeline

Retrieved on: 
Tuesday, June 14, 2022
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ENGLEWOOD, Colo., June 14, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced that its renewable natural gas (RNG) project in Northwest Iowa (the RNG Project) has been producing biogas and is now upgrading and injecting RNG into the natural gas pipeline.

Key Points: 
  • ENGLEWOOD, Colo., June 14, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced that its renewable natural gas (RNG) project in Northwest Iowa (the RNG Project) has been producing biogas and is now upgrading and injecting RNG into the natural gas pipeline.
  • 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.
  • 1 Project EBITDA is a non-GAAP financial measure that we define as total operating revenues less total operating expenses for the project.

Japan Airlines Enters into New Fuel Sales Agreement with Gevo for 5.3 Million Gallons of Sustainable Aviation Fuel Per Year Over Five Years

Retrieved on: 
Tuesday, June 7, 2022
Zero, Memorandum of understanding, Transport, Argonne National Laboratory, Aviation, Aircraft, Annual report, 8-K, SAF, Airport, Carbon, Agreement, JMB, U.S. Department of Defense Strategy for Operating in Cyberspace, U.S. Securities and Exchange Commission, Natural gas, GLOBE, JAL, Alliance, Electricity, U.S. Department of Energy, Office of Inspector General, Private Securities Litigation Reform Act, GEVO, LCI, Gasoline, NASDAQ, Argonne, Efficiency, Uncertainty, Plastic, Safety, Airline, Renewable energy, Gevo, Japan Airlines

ENGLEWOOD, Colo., June 07, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Japan Airlines Co., Ltd. (JAL).

Key Points: 
  • ENGLEWOOD, Colo., June 07, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Japan Airlines Co., Ltd. (JAL).
  • The Agreement outlines the details for the purchase of 5.3 million gallons per year of sustainable aviation fuel (SAF) for five years with deliveries expected to begin in 2027.
  • Our sustainable aviation fuel is a drop-in fuel that delivers renewable energy where its needed, said Dr. Patrick R. Gruber, Gevos Chief Executive Officer.
  • Argonne GREET provides an accurate lifecycle inventory of carbon and leverages the decarbonizing impact of sustainable agriculture and fuel-production practices.

Gevo, Inc. Announces $150 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

Retrieved on: 
Monday, June 6, 2022
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The offering is expected to close on or about June 8, 2022, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The offering is expected to close on or about June 8, 2022, subject to the satisfaction of customary closing conditions.
  • H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
  • The gross proceeds from the offering are expected to be $150 million, prior to deducting placement agents fees, advisory and other offering expenses payable by Gevo and assuming none of the warrants issued in the offering are exercised for cash.
  • Gevo intends to use the net proceeds from the offering to fund capital projects, working capital and for general corporate purposes.

In a Collaboration with GoogleCloud, Gevo to Measure and Verify the Carbon Intensity of Biofuels Across the Supply Chain Utilizing Verity Tracking

Retrieved on: 
Monday, June 6, 2022
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Utilizing technology developed by Verity Tracking (Verity), a division of Gevo, the collaboration is expected to enable users to track and verify emissions using datasets and analytics tools from Google Cloud.

Key Points: 
  • Utilizing technology developed by Verity Tracking (Verity), a division of Gevo, the collaboration is expected to enable users to track and verify emissions using datasets and analytics tools from Google Cloud.
  • The goal will be to help companies create a more data-driven approach to understanding and lowering greenhouse gas intensity globally.
  • Together, Google Cloud and Verity expect to work on product-level engagements to address market and customer needs.
  • Many organizations are prioritizing sustainability, but are unsure how to track and measure climate data, said Larry Cochrane, Director, Global Energy Solutions, Google Cloud.

Dr. Patrick Gruber to Participate in a Water Tower Research Fireside Chat on Thursday, June 2 at 4:00 pm EDT

Retrieved on: 
Thursday, May 26, 2022
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ENGLEWOOD, Colo., May 26, 2022 (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, June 2, 2022 at 4:00 pm EDT.

Key Points: 
  • ENGLEWOOD, Colo., May 26, 2022 (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, June 2, 2022 at 4:00 pm EDT.
  • Investors and other persons interested in participating in the event must register using the link below.
  • Please note that the replay may be accessed at any time after the presentation ends on June 2, 2022, utilizing the same registration link.
  • Gevos products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.

Gevo to Report First Quarter 2022 Financial Results on May 09, 2022

Retrieved on: 
Thursday, April 21, 2022
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ENGLEWOOD, Colo., April 21, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call onMonday, May 09, 2022,at4:30 p.m. EDT(2:30 p.m. MDT) to report its financial results for the first quarter endedMarch 31, 2022and provide an update on recent corporate highlights.

Key Points: 
  • ENGLEWOOD, Colo., April 21, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call onMonday, May 09, 2022,at4:30 p.m. EDT(2:30 p.m. MDT) to report its financial results for the first quarter endedMarch 31, 2022and provide an update on recent corporate highlights.
  • To access the replay, please dial 1 (855) 859-2056 (inside the U.S.) or 1 (404) 537-3406 (outside the U.S.) and reference the access code 2251249#.
  • 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 the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.

Gevo Applauds President Biden’s Executive Actions Supporting Sustainable Aviation Fuel

Retrieved on: 
Wednesday, April 13, 2022
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ENGLEWOOD, Colo., April 13, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo) (NASDAQ: GEVO) announced today that it applauds President Joe Bidens new actions to support sustainable aviation fuel (SAF).

Key Points: 
  • ENGLEWOOD, Colo., April 13, 2022 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo) (NASDAQ: GEVO) announced today that it applauds President Joe Bidens new actions to support sustainable aviation fuel (SAF).
  • Gevobelievesthat SAF and expanding access to biofuel-blended gasoline are essential components of American energy independence, saidDr.PatrickR.Gruber, Chief Executive Officer of Gevo.
  • Bio-feedstocksthatcan cut carbon, produce food, create domestic jobs, and ensure farmers are maximizing their incomes.We alsoknowthat more than four out of five American support increased renewable fuel production.
  • Gevo is focused on sustainability at every stage of production and has developed two alcohol-to-jet pathways that can utilize various feedstocks grown using renewable agricultural and sustainable farming techniques.

Gevo and Farmers Edge Partner to Verify Sustainable Fuels from Low-Carbon Grain through Verity Tracking

Retrieved on: 
Tuesday, April 5, 2022
Carbon, Private Securities Litigation Reform Act, Company, Verity, LCI, Organization, SAF, Argonne National Laboratory, Natural gas, Population, NASDAQ, Climate change, Transport, Chief innovation officer, Legislation, CI, SEDAR, Plastic, Program, Farmer, TSX, Gasoline, Electricity, Software, Argonne, Artificial intelligence, Industry, Technology, U.S. Securities and Exchange Commission, Goal, GLOBE, 8-K, Biofuel, Aviation, Uncertainty, Carbon footprint, Annual report, Food, GEVO, Agriculture, Seaweed, Gevo

This collaboration is expected to support the sustainable development & full carbon lifecycle tracking of a carbon intensity (CI) score from low-carbon grain through renewable fuels production.

Key Points: 
  • This collaboration is expected to support the sustainable development & full carbon lifecycle tracking of a carbon intensity (CI) score from low-carbon grain through renewable fuels production.
  • The potential combination of Farmers Edge highly precise and proprietary datasets with Gevo's Verity Tracking platform and blockchain technology is expected to create value around agriculturally driven carbon impact.
  • Verity Trackings capabilities coupled with Farmers Edge innovative technology and analytics should form the basis to make this a market reality.
  • These forward-looking statements relate to a variety of matters, including, without limitation, statements related to the collaboration and memorandum of understanding with Farmers Edge, whether Gevo and Farmers Edge will enter into any commercial definitive agreements, the capabilities of Verity Tracking and Verity Trackings technology.