Welcome to our dedicated page for Gevo news (Ticker: GEVO), a resource for investors and traders seeking the latest updates and insights on Gevo stock.
Gevo Inc (NASDAQ: GEVO) delivers innovative solutions for sustainable fuels and chemicals through advanced bioengineering. This news hub provides investors and industry stakeholders with essential updates on the company’s progress in renewable energy markets.
Access verified press releases and financial announcements covering Gevo’s sustainable aviation fuel (SAF) developments, production facility expansions, and strategic partnerships. Our curated collection includes earnings reports, technology patents, and sustainability initiatives that demonstrate Gevo’s commitment to reducing carbon intensity across energy systems.
Key updates focus on renewable natural gas projects, isobutanol production milestones, and agricultural feedstock innovations. Stay informed about operational developments through primary source materials while tracking Gevo’s progress in commercializing low-carbon fuel alternatives.
Bookmark this page for direct access to Gevo’s official communications, ensuring you never miss critical updates about this leader in renewable hydrocarbons. Check regularly for new announcements that could impact market positioning in the evolving clean energy sector.
Gevo, Inc. (NASDAQ: GEVO) applauds United Airlines' commitment to achieving 100% reduction in greenhouse gas emissions by 2050, highlighting the importance of sustainable aviation fuel (SAF) in this endeavor. Gevo's SAF is already in commercial use, including flights powered by United. CEO Patrick Gruber emphasizes that SAF can achieve a net zero or negative GHG profile, benefiting the airline industry, US farmers, and the environment. Gevo aims to offer low-carbon fuels to address greenhouse gas emissions and is advancing in renewable energy usage for production.
Gevo, Inc. (NASDAQ: GEVO) will participate in the Water Tower Research Fireside Chat Series on December 15, 2020, at 3:00 pm EST. CEO Dr. Patrick Gruber will discuss the topic of storing renewable energy through the creation of liquid hydrocarbons. Interested participants must register via the provided link, with live event access limited but available for replay afterward. Gevo aims to commercialize low-carbon fuels and sustainable plastics, contributing to reduced greenhouse gas emissions and addressing the market need for eco-friendly alternatives.
Gevo, Inc. (NASDAQ: GEVO) has supplied sustainable aviation fuel (SAF) to Avfuel Corporation, marking a significant step toward carbon neutrality in aviation. This delivery is notable as it is the first SAF load for resale at King County International Airport, serving Leading Edge Jet Center. Gevo aims to expand its partnerships and raise awareness about cleaner burning fuels. The company focuses on producing low-carbon jet fuel, gasoline, and diesel, utilizing renewable resources, with an emphasis on reducing greenhouse gas emissions.
Gevo, Inc. (NASDAQ: GEVO) reported a significant drop in revenue for Q3 2020, totaling $0.2 million, down from $6.1 million in Q3 2019, primarily due to COVID-19 impacts and the suspension of ethanol production. The company ended the quarter with cash of $80.6 million and plans to repay its outstanding debt of $12.7 million by year-end. Despite the challenges, Gevo secured a major offtake agreement with Trafigura, enhancing its offtake agreements to 48 million gallons per year, valued at approximately $1.5 billion over the contract's life. The company expects ongoing progress in project financing.
Gevo, Inc. (NASDAQ: GEVO) will host a conference call on November 10, 2020, at 4:30 p.m. EST to discuss its financial results for the third quarter ending September 30, 2020. The call will provide updates on recent corporate highlights as well. Participants can join by dialing (833) 729-4776 for U.S. callers or (830) 213-7701, using access code 4631139#. A replay will be available shortly after the call and archived on Gevo's website.
Gevo is focused on producing low-carbon renewable fuels and sustainable alternatives to traditional fossil fuels, aiming to reduce greenhouse gas emissions.
Gevo, Inc. (NASDAQ: GEVO) has entered a joint development agreement with TOTAL Cray Valley to upgrade fusel oils from ethanol production into renewable Isoamylene, with applications in resins, pesticides, pharmaceuticals, and more. This collaboration leverages Gevo’s technologies to convert low-value fusel oils into valuable renewable materials, tapping into approximately 2.5 million tons of bio-based feedstock. The initiative aligns with Gevo’s goal of advancing sustainable chemicals while contributing to low carbon and reducing greenhouse gas emissions in fuel production.
Gevo, Inc. (NASDAQ: GEVO) will participate in the Water Tower Research Fireside Chat on October 8, 2020, at 12:00 pm EDT. CEO Dr. Patrick Gruber will discuss Project Finance and Gevo's Growth Strategy. Interested participants must register through the provided link, although registration is limited. The event will be available for replay afterward.
Gevo is focused on creating low-carbon fuels and sustainable alternatives, with patented technology for producing gasoline, jet fuel, and diesel with significantly reduced greenhouse gas emissions.
Gevo, Inc. (NASDAQ: GEVO) welcomes recent announcements from Sweden and Norway regarding Sustainable Aviation Fuel (SAF). Sweden plans to introduce a greenhouse gas reduction mandate for aviation fuel, aiming for a reduction of 0.8% in 2021, progressing to 27% by 2030, largely through SAF. Norway targets a 0.5% biofuel blending mandate, aspiring for 30% by 2030. Gevo's SAF, already used commercially, complements its mission to lower greenhouse emissions, producing both fuel and food while sequestering carbon. With increasing production capabilities, Gevo aims to support regional emissions reduction goals.
Gevo, Inc. (NASDAQ: GEVO) announced a $46 million funding from a Registered Direct Offering and an additional $16 million from warrant exercises. This capital will enhance its plans to construct up to three production facilities and expand capacity, aiming to create renewable fuels with zero carbon emissions. Gevo seeks ~$200 million in project-level equity to finance the facilities, with production expected to begin in late 2023 or early 2024. The company currently holds $81 million in cash, which supports its strategy to eliminate certain debts and develop its market presence.
Gevo, Inc. (NASDAQ: GEVO) announced on September 3, 2020, that it has regained compliance with NASDAQ's minimum bid price requirement. The company demonstrated a closing bid price exceeding $1.00 for ten consecutive trading days as of September 2, 2020. This compliance reinstatement marks a significant development for Gevo, a firm focused on producing renewable fuels and low-carbon feedstocks. Gevo aims to address greenhouse gas emissions through sustainable fuel alternatives and believes its patented technologies will enable future business growth.
