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Gevo lands largest contract in company history

Gevo, Inc. (NASDAQ: GEVO) CEO Patrick Gruber tells Proactive the group has landed its largest contract in company history with energy trading company Trafigura Trading.

Gruber says the agreement, where Gevo will supply Trafigura with renewable gasoline, brings Gevo to over $1.5B of revenue in long term contracts when added to the other contracts the firm already has in place.

Quick facts: Gevo Inc

Price: 9.71 USD

NASDAQ:GEVO
Market: NASDAQ
Market Cap: $1.5 billion
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Gevo 'in a terrific position' as it raises more than $321M to fund upcoming...

Gevo Inc (NASDAQ:GEVO) CEO Patrick Gruber tells Proactive it has closed on a registered direct offering that raised more than $321 million to fund projects and for general corporate purposes. Gruber says the group now has no debt, and $530 million worth of cash on the balance sheet, allowing the...

on 01/26/2021

2 min read