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) develops sustainable aviation fuel, isobutanol, and renewable chemicals derived from agricultural feedstocks. As a renewable fuels company navigating the transition away from petroleum-based products, Gevo generates news across multiple fronts that matter to investors tracking the clean energy sector.
This news feed covers announcements related to Gevo's fuel production milestones, carbon credit transactions, and progress on net-zero production facilities. For investors following the sustainable aviation fuel market, Gevo's customer agreements and delivery announcements provide insight into commercial traction for renewable jet fuel alternatives.
Gevo operates in a regulatory environment shaped by the Renewable Fuel Standard and state-level low-carbon fuel programs. Policy developments affecting renewable fuel credits, tax incentives, and carbon pricing directly impact the company's business model. News updates here reflect these regulatory changes alongside company-specific announcements.
The company's renewable natural gas subsidiary adds another dimension to monitor. RNG production updates, financing arrangements, and carbon credit sales from agricultural waste processing complement Gevo's core liquid fuels business.
Quarterly earnings reports reveal progress toward commercial-scale production, while leadership announcements and partnership developments signal strategic direction. Bookmark this page to follow Gevo's developments in the renewable fuels and decarbonization space.
Gevo (NASDAQ: GEVO) has agreed to sell its Agri-Energy subsidiary, including an 18-million-gallon-per-year ethanol facility in Luverne, Minnesota, to A.E. Innovation for $7 million. The deal structure includes $2 million at closing and $5 million in future payments. Gevo will retain isobutanol-production assets capable of producing up to 1 million gallons annually of isobutanol for specialty chemicals or conversion into isooctane and jet fuel.
A.E. Innovation plans to restart the currently idled ethanol production facility and transform it into an innovation hub for scaling up new bio-based technologies. The transaction is expected to close by end of 2025, subject to financing and other conditions. The deal will result in approximately $3 million annual savings in facility idling costs for Gevo while supporting local farmers and the regional economy.
Gevo (NASDAQ: GEVO), a sustainable aviation fuel and renewable chemicals company, has appointed Dr. James J. Barber to its Board of Directors. Dr. Barber brings extensive experience in fuels, chemicals, biobased materials, and other technical fields. He currently serves on the board of Graham Corporation (NYSE: GHM), where he chairs the Compensation Committee and participates in Audit and Nomination committees. Dr. Barber holds a Ph.D. in Organic Chemistry from MIT, a B.S. from Rensselaer Polytechnic Institute, and has received notable recognition including the American Chemical Society's Henry F. Whalen, Jr. Award.
Gevo (NASDAQ: GEVO) has appointed Oluwagbemileke (Leke) Agiri as its new Chief Financial Officer, effective May 21, 2025. Agiri, who joined Gevo in August 2022, previously served as Executive Vice President, Finance. He succeeds L. Lynn Smull, who transitions to a new role as Executive Vice President and Senior Advisor to the CEO.
Agiri brings significant experience in corporate finance, capital markets, and strategic growth, with previous roles at Bank of America (BAC), Occidental Petroleum (OXY), and Anadarko Petroleum. He holds an MBA in Finance and Energy from Rice University and a BS in Chemical Engineering from the University of Virginia.
Gevo (NASDAQ: GEVO) has scheduled its first quarter 2025 financial results conference call for May 13, 2025, at 4:30 p.m. ET (2:30 p.m. MT). The announcement covers the financial period ending March 31, 2025.
Interested participants can join through two options:
- Full conference call access: Register via the provided weblink to receive a dial-in number and pin
- Audio-only access: Available through a separate registration link
A webcast replay will be accessible two hours after the conference call concludes on May 13, 2025. Investors can find the archived webcast in the Investor Relations section of Gevo's website.
Gevo (NASDAQ: GEVO) and Future Energy Global (FEG) have signed a multi-year offtake agreement for carbon abatement attributes from Sustainable Aviation Fuel (SAF). Under the agreement, FEG will acquire Scope 1 and Scope 3 emissions credits from 10 million gallons per year of fuel from Gevo's planned ATJ-60 facility.
The agreement is expected to support financing for Gevo's ATJ-60 facility construction, which has secured a $1.63 billion conditional loan guarantee from the U.S. Department of Energy. The Lake Preston, South Dakota facility is designed to produce 60 million gallons of SAF annually at costs comparable to conventional jet fuel but with lower carbon emissions.
The 'Book and Claim' approach separates environmental attributes from physical fuel, reducing transportation costs and enabling a global SAF market. This agreement helps address the aviation industry's goal of net-zero CO2 emissions by 2050, where SAF is expected to contribute approximately two-thirds of necessary emissions reductions.
Verity Holdings, a subsidiary of Gevo, has announced a partnership with Minnesota Soybean Processors (MnSP) to implement Verity's proprietary track and trace software. The collaboration aims to enhance export premiums and improve compliance reporting through advanced data verification and supply chain transparency solutions.
The partnership focuses on documenting sustainable agriculture attributes, particularly for regeneratively grown soybeans, creating value for farmers, processors, and international buyers. MnSP operates a soy crush plant processing over 100,000 bushels daily, a refinery producing feedstock for edible oil and biofuels, and a 41-million-gallon annual biodiesel production facility in Brewster, Minnesota, which has been operational for 20 years.
Gevo (NASDAQ: GEVO), a developer of renewable hydrocarbon fuels and chemicals with reduced greenhouse gas emissions, has announced its participation in an upcoming virtual investor event. Eric Frey, the company's Vice President of Corporate Development, will be presenting at the Renmark Virtual Non-Deal Roadshow Series on Tuesday, April 1st at 10:00am ET.
Interested investors can participate in this virtual meeting by registering through the Renmark Financial platform. This event represents an opportunity for stakeholders to gain insights into Gevo's developments in cost-effective, sustainable fuel solutions.
Gevo Inc (NASDAQ: GEVO) released its Q4 and full-year 2024 financial results. The company ended Q4 with $259.0 million in cash and equivalents. Combined operating revenue and investment income reached $8.9 million for Q4 and $32.7 million for full-year 2024.
The RNG subsidiary generated revenue of $15.8 million in 2024, showing a modest increase of $0.3 million year-over-year. Q4 results included a loss from operations of $19.6 million, non-GAAP adjusted EBITDA loss of $11.3 million, and environmental attributes sales of $5.4 million. The RNG subsidiary specifically posted a Q4 operational loss of $3.5 million but achieved a non-GAAP adjusted EBITDA profit of $2.7 million.
Net loss per share for Q4 was $0.08. The company anticipates receiving final pathway approval under the LCFS Program in Q1 2025, expected to result in a lower CI score.
Gevo (NASDAQ: GEVO) has rescheduled its fourth quarter 2024 earnings conference call for March 27, 2025, at 4:30 p.m. ET (2:30 p.m. MT). The call will cover financial results for the quarter ended December 31, 2024. Participants can register for the live call through a provided weblink, after which they will receive a dial-in number and pin. An audio-only option is also available via a separate weblink. A webcast replay will be accessible two hours after the call concludes in the Investor Relations section of Gevo's website.