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NASDAQ:GEVO
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Gevo options land in South Dakota for facility to produce 45M gallons of sustainable jet fuel

Gevo Inc (NASDAQ:GEVO) CEO Patrick Gruber tells Proactive the group has optioned the right to purchase nearly 239 acres of land near Lake Preston, South Dakota for a planned fuel production facility. Gruber says the Englewood, Colorado-based group would expect the plant to produce 45 million gallons of sustainable jet fuel.

Gruber says the group will look to arrange the financing, which would be in the $5 - $7 million dollar range to build the plant.

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NASDAQ:GEVO

Price: 6.7 USD

Market Cap: $1.35 billion

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Gevo explains latest partnerships with US Department of Energy and with Chevron

Gevo Inc (NASDAQ:GEVO) CEO Patrick Gruber tells Proactive the US Department of Energy’s Argonne National Laboratory recently partnered with it to perform a critical lifecycle analysis of its next-generation technology. Using data provided by Gevo, a Colorado-based producer of energy-dense...

3 days, 6 hours ago

2 min read