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Gevo Inc - GEVO STOCK NEWS

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) is a pioneering company in the renewable chemicals and advanced biofuels industry. Gevo is focused on developing biobased alternatives to petroleum-based products through a blend of synthetic biology and chemistry. The company's core product is isobutanol, a versatile platform chemical used in the liquid fuels and petrochemical markets.

One of Gevo's key innovations is its ability to produce isobutanol from renewable resources. This bio-based isobutanol can be used as a solvent, a gasoline blendstock, and can be converted into jet fuel, feedstocks for synthetic rubber, plastics, and polyesters. Gevo's proprietary technology is designed to retrofit existing ethanol plants, making the transition to bio-based production smoother and more cost-effective.

Gevo operates through several segments: the Gevo segment, focused on research and development; the Renewable Natural Gas (RNG) Segment; the Net-Zero Segment, and the Agri-Energy Segment. These segments are involved in various activities including the production of sustainable aviation fuel (SAF), the commercialization of renewable hydrocarbon products, and the development of biocatalysts.

Recent corporate highlights include the completion of Front End Engineering Design (FEED) for the Net-Zero 1 (NZ1) plant and progress on detailed engineering and term sheet negotiations for a U.S. Department of Energy loan guarantee. Gevo has also expanded its Iowa dairy manure RNG project, capturing methane emissions from dairy farms to produce RNG. This project now boasts a production capacity of 400,000 MMBtu per year.

In addition to its renewable fuel initiatives, Gevo has developed Verity Carbon Solutions, a carbon tracking application for farmers. This tool helps farmers visualize data related to corn production, enabling better decision-making to improve production and reduce carbon footprints.

Gevo’s Ethanol-to-Olefins (ETO) technology has also seen advancements, with its first licensing payment from LG Chem. This technology converts ethanol into olefins, essential for making chemicals, plastics, and fuels.

Financially, Gevo has shown resilience and growth. For Q3 2023, it reported a significant increase in operating revenue, primarily driven by sales from its RNG project. The company continues to manage its project development costs effectively while engaging in strategic partnerships and innovations to remain at the forefront of the renewable energy sector.

News

Gevo RNG Subsidiary Successfully Remarkets Its Tax-Exempt Green Bonds

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Gevo, Inc. announced the remarketing of Iowa Finance Authority Solid Waste Facility Revenue Bonds by its subsidiary Gevo NW Iowa RNG, The Bonds were initially issued in 2021 for financing Gevo RNG's renewable natural gas assets in Northwest Iowa. The Bonds, with an initial principal amount of $68.2 million and an interest rate of 1.5%, have been remarketed to bear interest at 3.875% for a new term ending in 2026. Gevo expects positive cash flow contribution in the next twelve months due to the interest income on cash collateral exceeding the interest expense on the Bonds.
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Gevo Reports Fourth Quarter and Full Year 2023 Financial Results

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Gevo, Inc. (GEVO) announced financial results for Q4 and full year 2023, highlighting positive cash position and strong RNG project performance. The company expects significant growth in cash EBITDA from RNG sales and Verity software. Gevo's CEO outlined strategic plans for Net-Zero 1 project and collaboration with LG Chem for ETO technology. Financially, Gevo reported increased revenue and interest income but incurred losses in operations and cash EBITDA for Q4. The company aims to lead in ultra-low carbon ethanol and sustainable aviation fuel production.
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Gevo Hires Damien Perriman as Chief Business Development Officer

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Gevo, Inc. (GEVO) appoints Damien Perriman as Chief Business Development Officer to drive new business growth and expand brand presence. With a background in bio-based technologies, Perriman's expertise in forming partnerships and launching innovative products aligns with Gevo's vision to decarbonize industry sectors through sustainable fuels and chemicals.
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Gevo to Participate in Upcoming Virtual Investor Meetings

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Gevo, Inc. (NASDAQ: GEVO) will participate in virtual investor meetings on February 16 and February 23, 2024, discussing recent business updates and answering frequently asked questions. The live event will be accessible for replay after the presentation ends using the same registration link.
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Gevo to Report Fourth Quarter 2023 Financial Results on March 7, 2024

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Gevo, Inc. (GEVO) will host a conference call on March 7, 2024, to report its Q4 2023 financial results. Participants can register for the live call and access the webcast replay through the provided links.
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Gevo Provides Business Update

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Gevo, Inc. provided a business update, with a focus on its RNG, Net-Zero 1, and Verity projects. The company expects a Non-GAAP cash EBITDA of $7-16 million in 2024, depending on the approval of the permanent CARB Carbon Intensity pathway. The Net-Zero 1 project is in the diligence phase of the US Department of Energy Loan Guarantee Program, and the Verity project expects to announce its first revenue in 2024. The company also detailed its expected uses of cash in 2024, including discretionary growth spending and non-discretionary, run-rate spending. The press release also included non-GAAP financial information, presenting a reconciliation of GAAP to the non-GAAP measure.
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Gevo Files New S-3 Ahead of Expiration, Updates ATM Agreement

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Gevo, Inc. (NASDAQ: GEVO) filed a registration statement on Form S-3 with the SEC, subject to review and being declared effective. The company also signed a new agreement for its At-the-Market offering facility. The previous $500 million ATM offering facility has not been used since September 9, 2021. The S-3 filing does not impact Gevo’s expected strategy of funding the Net-Zero 1 project with a combination of existing cash and project-level financing.
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Gevo Announces Appointment of Katie Ellet to Board of Directors

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Gevo, Inc. (NASDAQ: GEVO) appoints Katie Ellet, President of Hydrogen Energy and Mobility for North America at Air Liquide, to its board of directors, leveraging her 27 years of experience in chemical and energy fields to guide the commercialization and scaling of bio-based renewable fuels.
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Gevo VP of Government Relations Lindsay Fitzgerald and VP of Finance & Strategy Eric Frey to Participate in a Water Tower Research Fireside Chat on Tuesday, December 19th at 10:00 am ET

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Gevo, Inc. (NASDAQ: GEVO) executives to participate in Water Tower Research Fireside Chat to discuss federal and state incentives for clean fuels, including the recent U.S. Department of Treasury’s guidance on sustainable aviation fuel tax credit. They will also cover EPA Renewable Fuel Standard and state tax credits for SAF, and the impact on SAF revenue.
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Gevo Statement on Treasury Guidance for SAF Tax Credit

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Gevo, Inc. (Nasdaq: GEVO) welcomes the Biden Administration’s use of the Argonne GREET method for Sustainable Aviation Fuel (SAF) credit compliance. The U.S. Department of Treasury’s guidance on the 40B sustainable aviation fuel (SAF) tax credit sets an accurate, science-based precedent for transparent carbon accounting across the SAF supply chain, from farm fields to the end use of the fuel. Gevo appreciates the intent to use the Argonne GREET method and model for SAF, recognizing and accounting for U.S. farmers’ stewardship of the land and contribution to cleaner flight.
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FAQ

What is the current stock price of Gevo (GEVO)?

The current stock price of Gevo (GEVO) is $1.417 as of February 28, 2025.

What is the market cap of Gevo (GEVO)?

The market cap of Gevo (GEVO) is approximately 332.8M.

What does Gevo, Inc. specialize in?

Gevo, Inc. specializes in developing renewable chemicals and advanced biofuels, focusing on biobased alternatives to petroleum-based products using synthetic biology and chemistry.

What is isobutanol and why is it important?

Isobutanol is a versatile platform chemical used as a solvent, gasoline blendstock, and can be converted into jet fuel and other industrial materials. It is significant for its broad market applications and environmental benefits.

What are Gevo's primary business segments?

Gevo operates through four segments: the Gevo segment (R&D), Renewable Natural Gas (RNG) Segment, Net-Zero Segment, and Agri-Energy Segment.

What recent achievements has Gevo made?

Recent achievements include completing FEED for the Net-Zero 1 plant, expanding the Iowa dairy manure RNG project, and advancing the Ethanol-to-Olefins technology with LG Chem.

What is the purpose of Gevo's Verity Carbon Solutions?

Verity Carbon Solutions is a carbon tracking application for farmers that helps visualize data related to corn production, enabling better decision-making for improved production and reduced carbon footprints.

How does Gevo's technology benefit the environment?

Gevo's technology produces low-carbon fuels with substantially reduced greenhouse gas emissions compared to traditional fossil fuels, contributing to cleaner air and a more sustainable environment.

What financial performance did Gevo report for Q3 2023?

For Q3 2023, Gevo reported a significant increase in operating revenue, primarily driven by sales from its RNG project, and managed its project development costs effectively.

Who are Gevo's strategic partners?

Gevo has strategic partnerships with entities like LG Chem for its ETO technology, which convert ethanol into olefins used in chemicals and plastics.

What are the future prospects for Gevo?

Gevo aims to continue advancing its renewable fuel technologies, expanding its RNG production, and commercializing its innovative solutions to meet the growing demand for low-carbon fuels.

How can investors participate in Gevo's growth?

Investors can participate in Gevo's growth by staying informed through the company’s news updates, financial reports, and strategic projects, and by potentially investing in its stock (NASDAQ: GEVO).
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Gevo Inc

Nasdaq:GEVO

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GEVO Stock Data

332.78M
228.32M
4.36%
18.61%
13.58%
Specialty Chemicals
Industrial Organic Chemicals
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United States
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