LUVERNE

Gevo Provides Business Update

Retrieved on: 
Wednesday, January 24, 2024
Carbon, Wind, DOE, Verity, Emission intensity, Software as a service, RNG, IRA, Hydrogen, GEVO, EPC, SAF, Research and development, Net, GAAP, Software, Ethanol, Biogas, G&A, Engineering, LCFS, Administration, PTC

ENGLEWOOD, Colo., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading carbon abatement company that commercializes drop-in fuels and chemicals for difficult to decarbonize sectors, today provided a business update.

Key Points: 
  • ENGLEWOOD, Colo., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading carbon abatement company that commercializes drop-in fuels and chemicals for difficult to decarbonize sectors, today provided a business update.
  • Gevo also expects to publish an updated corporate investor presentation to its website.
  • After financial close of the project, we expect that project construction through startup and commissioning would be fully funded with no additional cash commitments from Gevo.
  • In 2023, Gevo engaged an independent third party audit firm to perform a cost allocation analysis.

Federal Home Loan Bank of Atlanta Announces Three New Members of its Affordable Housing Advisory Council

Retrieved on: 
Wednesday, January 5, 2022

ATLANTA, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three new members to its Affordable Housing Advisory Council (Council).

Key Points: 
  • ATLANTA, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three new members to its Affordable Housing Advisory Council (Council).
  • Sharon Bell is co-founder and principal of Dworbell, Inc., which provides management, advocacy, communications and public relations services to entities in affordable housing and housing finance.
  • FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System.
  • Since 1990, the FHLBanks have awarded approximately $7 billion in Affordable Housing Program funds, assisting more than 990,000 households.

C Spire completes another Alabama fiber broadband network acquisition

Retrieved on: 
Tuesday, December 28, 2021
Multimedia, C Spire, Information technology, Instagram, Voice over IP, News, Solution, Twitter, Troy Cablevision, Acquisition, Internet, Internet service provider, Facebook, Wiregrass, Coffee

"We've made it a major priority to invest in and expand fiber-based network deployment and enhancements throughout Alabama, and we're pleased to be providing these services in the Wiregrass," C Spire CEO Hu Meena said.

Key Points: 
  • "We've made it a major priority to invest in and expand fiber-based network deployment and enhancements throughout Alabama, and we're pleased to be providing these services in the Wiregrass," C Spire CEO Hu Meena said.
  • "I am thrilled to welcome our Troy Cablevision and Union Springs Telephone Companyassociates to C Spire."
  • C Spire announced earlier this year plans to invest $500 million over the next three years to accelerate the deployment of fiber broadband internet in markets across Alabama.
  • C Spire has constructed and is offering fiber services in thirteen markets currently in Alabama.

Staci Bogue-Buchholz Joins Gevo as Site and Process Optimization Leader

Retrieved on: 
Wednesday, December 22, 2021
Carbon, U.S. Securities and Exchange Commission, Plastic, 8-K, Annual report, Strategic planning, Gasoline, Private Securities Litigation Reform Act, Site, Argonne National Laboratory, NASDAQ, Process optimization, Natural gas, Fermentation, Head, GEVO, Stacy (given name), LCI, Uncertainty, GLOBE, Engineering, Ecologically based invasive plant management, ADM (company), Transport, Electricity, Management, Gevo

ENGLEWOOD, Colo., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that Staci Bogue-Buchholz has joined Gevo as Site and Process Optimization Leader at the Luverne, Minnesota facility.

Key Points: 
  • ENGLEWOOD, Colo., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that Staci Bogue-Buchholz has joined Gevo as Site and Process Optimization Leader at the Luverne, Minnesota facility.
  • Ms. Bogue-Buchholz brings over 20 years of experience in plant management, strategic planning, major capital project leadership, and technical operations.
  • She also previously held leadership positions with the Archer-Daniels-Midland Company, including serving as Plant Manager for their Decatur Protein Complex.
  • We are thrilled to welcome Staci to the team, said Dr. Paul Bloom, Chief Carbon Officer and Chief Innovation Officer.

Gevo and Sweetwater Energy Sign MoU to Supply Lignocellulosic Feedstocks to Produce Cellulosic Alcohols and Sustainable Aviation Fuel

Retrieved on: 
Tuesday, November 16, 2021
Carbon, Argonne National Laboratory, Ethanol, New York State Energy Research and Development Authority, Forestry, Private Securities Litigation Reform Act, Cellulose, Electricity, Gasoline, U.S. Securities and Exchange Commission, Engineering, Rochester Institute of Technology, NASDAQ, CEO, Technology, Transport, 8-K, Lignin, Sugar, Alcohol, Goal, Rochester, Wood, LCI, Aviation, Natural gas, Annual report, Partnership, Carbohydrate, Plastic, ASTM, GLOBE, Hydrocarbon, Solution, SAF, Innovation, GEVO, Sunburst, Biomass, Uncertainty, Risk, D3, Coal, Renewable energy

Gevo plans to use the offtake of the low-cost, cellulosic sugars co-produced by Sweetwater for the anticipated production of cellulosic alcohols and renewable hydrocarbons.

Key Points: 
  • Gevo plans to use the offtake of the low-cost, cellulosic sugars co-produced by Sweetwater for the anticipated production of cellulosic alcohols and renewable hydrocarbons.
  • Were very excited to work with Gevo, says Arunas Chesonis, Chairman and CEO of Sweetwater Energy.
  • Gevo was the first company to demonstrate conversion of cellulosic sugars to make sustainable aviation fuel meeting the ASTM D7566 specification allowing it to be used for commercial flights.
  • The potential partnership with Sweetwater to supply cellulosic sugars provides an exciting model for Gevo.

C Spire to acquire Troy Cablevision, Inc.

Retrieved on: 
Wednesday, October 20, 2021
C Spire, Twitter, General manager, Voice over IP, Information technology, Troy Cablevision, Instagram, Internet, Multimedia, News, Solution, Acquisition, Internet service provider

TROY, Ala., Oct. 20, 2021 /PRNewswire/ --C Spire has executed a definitive agreement to acquire Troy Cablevision, Inc., which will enable C Spire to meet the growing broadband access and information technology needs of consumers and businesses in Alabama's Wiregrass Region.

Key Points: 
  • TROY, Ala., Oct. 20, 2021 /PRNewswire/ --C Spire has executed a definitive agreement to acquire Troy Cablevision, Inc., which will enable C Spire to meet the growing broadband access and information technology needs of consumers and businesses in Alabama's Wiregrass Region.
  • This move accelerates C Spire's fiber-based expansion throughout Alabama to provide ultra-fast broadband internet access and related services.
  • C Spire CEO, Hu Meena, said his firm intends to make a seamless transition for Troy Cablevision customers and noted the acquisition is not expected to result in any layoffs, given C Spire's goal of growing within the region.
  • "Becoming a part of the C Spire family will allow us to provide further enhanced services to our customers," said Jake Cowen, Chief Financial Officer and General Manager of Troy Cablevision.

Titan Machinery Inc. Announces Acquisition of Jaycox Implement, Inc.

Retrieved on: 
Wednesday, October 20, 2021
Acquisition, Risk, Private Securities Litigation Reform Act, COVID-19, U.S. Securities and Exchange Commission, Growth, Titan Machinery, Security (finance), Uncertainty, Annual report, Case IH, IH, Weather, Construction, Jaycox Formation, International, Nasdaq, GLOBE, Forward-looking statement, 1st Agricultural Construction Division (People's Republic of China), Population, Heart, Environment, Company, Risk management

In the trailing twelve-month period ended June 30, 2021, Jaycox generated revenue of approximately $91 million.

Key Points: 
  • In the trailing twelve-month period ended June 30, 2021, Jaycox generated revenue of approximately $91 million.
  • The acquisition is expected to close in December, 2021 and be immediately accretive to earnings per diluted share.
  • David Meyer, Titan Machinerys Chairman and Chief Executive Officer, stated, The acquisition of the Jaycox dealership network in southwestern Minnesota and northwestern Iowa is a perfect complement to our existing footprint in the heart of this highly productive region.
  • The Titan Machinery locations represent one or more of the CNH Industrial Brands, including Case IH, New Holland Agriculture, Case Construction, New Holland Construction, and CNH Industrial Capital.

Gevo Announces Plans for Hydrocarbon-Process Pilot Unit at Luverne Facility

Retrieved on: 
Tuesday, September 7, 2021

ENGLEWOOD, Colo., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced that it plans to install an alcohol-to-hydrocarbon process pilot unit at its facility located in Luverne, Minnesota (the Luverne Facility).

Key Points: 
  • ENGLEWOOD, Colo., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced that it plans to install an alcohol-to-hydrocarbon process pilot unit at its facility located in Luverne, Minnesota (the Luverne Facility).
  • Installation of the pilot unit at the Gevo-Luverne facility is part of the plan to use the facility as a technology development and piloting site.
  • The pilot unit will also be used in training of employees for Net-Zero 1 and other future projects.
  • We couldnt do that effectively without the support weve received from the City of Luverne and the State of Minnesota.

Gevo’s Luverne Facility Re-Starts Production Operations

Retrieved on: 
Wednesday, August 4, 2021
Biofuel in the United States, Gevo, Luverne

ENGLEWOOD, Colo., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that production operations at its advanced, renewable fuels production facility located in Luverne, Minnesota (the Luverne Facility) have re-commenced.

Key Points: 
  • ENGLEWOOD, Colo., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that production operations at its advanced, renewable fuels production facility located in Luverne, Minnesota (the Luverne Facility) have re-commenced.
  • These renewable hydrocarbons will be produced in Silsbee, Texas at the South Hampton Resources, Inc. hydrocarbon production facility.
  • Moreover, the production operations at the Luverne Facility will allow Gevo to test and evaluate certain potential unit operations that may be incorporated into Gevos state-of-the-art Net-Zero 1 production facility that is expected to begin production in 2024 in Lake Preston, South Dakota.
  • These forward-looking statements relate to a variety of matters, without limitation, including the Luverne Facility, the Luverne Facilitys ability to produce IBA, the Net-Zero 1 project, Gevos technology, Gevos products, and other statements that are not purely statements of historical fact.

Gevo Corporate Update

Retrieved on: 
Wednesday, January 27, 2021
Locomotives, Rail transport, Biofuel in the United States, Gevo, Inc, GE Evolution Series, NASDAQ

ENGLEWOOD, Colo., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo) (NASDAQ: GEVO), announced key business updates and initiatives for 2021.

Key Points: 
  • ENGLEWOOD, Colo., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (Gevo) (NASDAQ: GEVO), announced key business updates and initiatives for 2021.
  • Gevo intends to use its cash to fund capital projects, working capital and for general corporate purposes.
  • If Gevo secures additional take-or-pay contracts, Gevo would have to acquire and develop additional Net-Zero production sites.
  • All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.