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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) 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.

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Gevo, Inc. (NASDAQ: GEVO) has reported record production levels in its renewable natural gas (RNG) business. In May, the company achieved an annualized production rate of approximately 402,000 MMBtu, surpassing its previous record of 401,000 MMBtu in March. Despite a slight disruption due to flooding in Rock Valley, Iowa, in June, Gevo still produced 29,082 MMBtu of RNG and expects to meet its annual production target of approximately 400,000 MMBtu.

Gevo's RNG is produced by capturing methane biogas from manure digestors across three dairy farms in northwest Iowa. The company is currently operating under a California Air Resources Board (CARB) temporary pathway with a carbon intensity score of -150 gCO2e/MJ. Gevo has applied for a permanent score of -350 gCO2e/MJ, which is expected to be received by the end of 2024 and could potentially double the stand-alone non-GAAP cash EBITDA generated by its RNG business.

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Gevo announced that Dr. Chris Ryan, President and COO, will participate in a Renmark Virtual Non-Deal Roadshow on May 15 at 12:00 pm ET.

Dr. Ryan will discuss Gevo's implementation of purpose-built plant designs in its Sustainable Aviation Fuel (SAF) projects and updated guidance on Net Zero 1 spend and project financing strategy.

Investors interested in the event can register online.

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Gevo, Inc. (NASDAQ: GEVO) partners with Verity Holdings, , and ClearFlame Engine Technologies, Inc. to collaborate on decarbonizing the road freight transportation market in the United States. The collaboration aims to trace carbon intensity from crops grown on U.S. farms to the consumption of biofuels in ClearFlame-equipped trucks. By utilizing Verity's carbon accounting software, the parties intend to track environmental attributes from field-to-fleet, enabling the delivery of low-carbon ethanol for use by ClearFlame and their customers, ultimately leading to greenhouse gas emissions reductions of 42%.

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Gevo, Inc. (NASDAQ: GEVO) reported its first quarter 2024 financial results, highlighting share repurchases, reduced projected spend on Net-Zero 1 project, positive cash EBITDA from RNG project, advancements in Verity and ETO technology. The company ended the quarter with $340.6 million in cash, sold 88,967 MMBtu of RNG generating $4.0 million in revenue, and incurred a loss from operations of $23.1 million. Gevo continues to focus on clean energy projects, with promising outcomes and financial stability.

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Gevo, Inc. (NASDAQ: GEVO) responds to new guidance from the Treasury Department regarding carbon accounting for sustainable aviation fuel (SAF). The updated Argonne GREET model recognizes carbon abatement from climate-smart agriculture and carbon capture and storage, which Gevo plans to leverage for net-zero or carbon-negative SAF. Gevo's CEO, Dr. Patrick R. Gruber, emphasizes the importance of climate-smart agriculture and decarbonization methods like CCS in Gevo's business model. Gevo has been a leader in developing fuels and products to support transportation decarbonization for nearly two decades and advocates for using the GREET model for carbon accounting in the SAF supply chain. Gevo's subsidiary, Verity, uses distributed ledger technology for accurate emission reduction accounting from on-farm practices. Gevo anticipates that the Administration's actions will support future SAF tax credits, emphasizing a science-based approach to ensure biofuel producers play a vital role in decarbonizing the aviation industry.

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Gevo, Inc. (NASDAQ: GEVO) will host a conference call on May 2, 2024, to report its financial results for the first quarter ended March 31, 2024. Participants can register for the call through the provided weblinks and access a webcast replay on the company's website.
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Farmers Edge Inc. and Gevo Inc. collaborate on Gevo's Climate-Smart Farm-to-Flight project to track and quantify carbon intensity impact, accelerating Sustainable Aviation Fuel and low-CI ethanol production. The project, funded by a USDA grant, involves working with growers across three states to promote climate-smart practices.
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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, 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, 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 Inc

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