GEVO


Associated tags: Argonne National Laboratory, Plastic, Gevo, LCI, Transport, Gasoline, Natural gas, Engineering, Alcohol, Carbon, Electricity, GEVO

Locations: INDIA, ARIZONA, NEW YORK, NY, LUVERNE, ET, ENGLEWOOD, CO, US, ARGONNE, TEXAS

Gevo Reports First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024

ENGLEWOOD, Colo., May 02, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the first quarter 2024 and recent corporate highlights.

Key Points: 
  • ENGLEWOOD, Colo., May 02, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the first quarter 2024 and recent corporate highlights.
  • Of that amount, approximately $17.1 million was spent in the first quarter of 2024.
  • As a result, we expect to receive $0.8 million in payments under that agreement during the second quarter of 2024.
  • They will review Gevo’s financial results and provide an update on recent corporate highlights.

Gevo to Report First Quarter 2024 Financial Results on May 2, 2024

Retrieved on: 
Wednesday, April 17, 2024

ENGLEWOOD, Colo., April 17, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on May 2, 2024, at 4:30 p.m.

Key Points: 
  • ENGLEWOOD, Colo., April 17, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on May 2, 2024, at 4:30 p.m.
  • ET (2:30 p.m. MT) to report its financial results for the first quarter ended March 31, 2024.
  • To participate in the live call, please register through the following event weblink: https://register.vevent.com/register/BI83b05f155fb14f618408308e6094eebe
    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/qgvzwo8c
    A webcast replay will be available two hours after the conference call ends on May 2, 2024.

Gevo RNG Subsidiary Successfully Remarkets Its Tax-Exempt Green Bonds

Retrieved on: 
Monday, April 1, 2024

ENGLEWOOD, Colo., April 01, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that its wholly-owned subsidiary, Gevo NW Iowa RNG, LLC (“Gevo RNG”), has remarketed the previously issued and currently outstanding Iowa Finance Authority Solid Waste Facility Revenue Bonds (Gevo NW Iowa RNG, LLC Renewable Natural Gas Project), Series 2021 (Green Bonds) (the “Bonds”), which are tax exempt “Green Bond” private activity bonds the proceeds of which were used to finance construction of Gevo RNG’s now operating and expanded renewable natural gas (“RNG”) assets in Northwest Iowa.

Key Points: 
  • ENGLEWOOD, Colo., April 01, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that its wholly-owned subsidiary, Gevo NW Iowa RNG, LLC (“Gevo RNG”), has remarketed the previously issued and currently outstanding Iowa Finance Authority Solid Waste Facility Revenue Bonds (Gevo NW Iowa RNG, LLC Renewable Natural Gas Project), Series 2021 (Green Bonds) (the “Bonds”), which are tax exempt “Green Bond” private activity bonds the proceeds of which were used to finance construction of Gevo RNG’s now operating and expanded renewable natural gas (“RNG”) assets in Northwest Iowa.
  • The Bonds were initially issued by the Iowa Finance Authority on April 15, 2021 in a public offering for the benefit of Gevo RNG and for an initial term rate period ending March 31, 2024.
  • The remarketed bonds are secured by an irrevocable direct pay letter of credit for approximately $69.6 million.
  • “The Bonds had a mandatory tender date of April 1, 2024 that required us to either tender the bonds or convert and remarket them to bear interest at current rates.

Gevo Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

ENGLEWOOD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the fourth quarter and full year 2023 and recent corporate highlights.

Key Points: 
  • ENGLEWOOD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the fourth quarter and full year 2023 and recent corporate highlights.
  • Net-Zero 1 and 2024 Expected Uses of Cash: We ended the fourth quarter with cash, cash equivalents, and restricted cash of $375.6 million.
  • Verity: In the third quarter of 2023, our Verity Tracking platform went live with farmers in South Dakota and Minnesota.
  • Gevo NW Iowa RNG generated positive, stand-alone non-GAAP cash EBITDA1 of $1.3 million for the fourth quarter.

Gevo Hires Damien Perriman as Chief Business Development Officer

Retrieved on: 
Monday, February 26, 2024

ENGLEWOOD, Colo., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Damien Perriman has been hired as Chief Business Development Officer to lead the effort to bring in new business in a wider variety of industry sectors and expand the brand footprint for the company.

Key Points: 
  • ENGLEWOOD, Colo., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Damien Perriman has been hired as Chief Business Development Officer to lead the effort to bring in new business in a wider variety of industry sectors and expand the brand footprint for the company.
  • Damien is a highly experienced business executive with proven thought leadership and a track record for establishing partnerships with companies looking to engage with disruptive bio-based technologies.
  • He held business development lead roles at Verdezyne and contributed to bioscience ventures at Dow Chemical.
  • "Gevo is in an exciting growth phase, with partners primed to embrace widespread utilization of sustainable resources, be it for fuel or chemicals," Perriman noted.

Gevo to Participate in Upcoming Virtual Investor Meetings

Retrieved on: 
Thursday, February 8, 2024

ENGLEWOOD, Colo., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that it will participate in the following upcoming virtual investor meetings:

Key Points: 
  • ENGLEWOOD, Colo., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that it will participate in the following upcoming virtual investor meetings:
    Water Tower Research Fireside Chat on Friday, February 16, at 10:00 am ET
    Renmark Virtual Non-Deal Roadshow series on Friday, February 23, at 10:00 am ET
    Topics will include commentary on Gevo’s recent business update, previously announced on January 24th, 2024 ( Linked Here ), and answering frequently asked questions.
  • Investors and other persons interested in participating in the event must register using the link below.
  • Please note that the live event may be accessed at any time for replay after the presentation ends utilizing the same registration link.

Gevo to Report Fourth Quarter 2023 Financial Results on March 7, 2024

Retrieved on: 
Thursday, February 8, 2024

ENGLEWOOD, Colo., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on March 7, 2024, at 4:30 p.m.

Key Points: 
  • ENGLEWOOD, Colo., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it will host a conference call on March 7, 2024, at 4:30 p.m.
  • ET (2:30 p.m. MT) to report its financial results for the fourth quarter ended December 31, 2023.
  • To participate in the live call, please register through the following event weblink: https://register.vevent.com/register/BI89f72f3dca514b6ca2e66938d0619036
    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/682o5xqh
    A webcast replay will be available two hours after the conference call ends on March 7, 2024.

Gevo Provides Business Update

Retrieved on: 
Wednesday, January 24, 2024

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.

Gevo Files New S-3 Ahead of Expiration, Updates ATM Agreement

Retrieved on: 
Tuesday, January 16, 2024

Such registration statement is subject to review and being declared effective by the SEC.

Key Points: 
  • Such registration statement is subject to review and being declared effective by the SEC.
  • The Company’s current Form S-3 is set to expire this Friday, January 19th, subject to applicable grace periods.
  • Gevo filed the new S-3 as a matter of course in advance of that expiration.
  • In conjunction with the new S-3 filing, Gevo signed a new agreement for the Company’s At-the-Market (“ATM”) offering facility.

Gevo Announces Appointment of Katie Ellet to Board of Directors

Retrieved on: 
Wednesday, January 3, 2024

ENGLEWOOD, Colo., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Katie Ellet has been appointed to its board of directors as of January 2, 2024.

Key Points: 
  • ENGLEWOOD, Colo., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Katie Ellet has been appointed to its board of directors as of January 2, 2024.
  • She has held a wide variety of leadership roles in the chemical and energy fields for the last 27 years.
  • “We are honored to have Katie join our Board of Directors,” said Dr. Patrick Gruber, CEO of Gevo.
  • “I think we're at a pivotal moment in the development and implementation of renewable energy strategies on a global scale,” Ellet said.