Gevo Inc (NASDAQ:GEVO) CEO Patrick Gruber tells Proactive the group has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. Gruber says the project will generate RNG captured from dairy cow manure, or what's called feedstock. The feedstock for the RNG project will be supplied by three dairy farms in northwest Iowa involving over 20,000 milking cows. When fully operational, the RNG project is expected to generate about 355,000 MMBtu of RNG per year.
About this content
About Christine Corrado
Christine comes to Proactive with more than five years’ television reporting experience covering general news in the New York tri-state area and two years spent in the technology space, focusing on marketing for a global IT consulting company. Christine holds a Bachelor of Science in Broadcast News from the University of Colorado at Boulder, and has lived internationally in London, Tokyo, and Edinburgh, and has spent a significant amount of time traveling and working in India. Read more
About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.
Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.
We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.
The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.
Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.
Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.
Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.
No investment advice
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Content on the Site is provided for information purposes only, and none of the information contained on the Site constitutes an offer, solicitation or recommendation to buy or sell a security. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume which any Content on the Site may generate. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value, suitability or profitability of any particular security, portfolio of securities, transaction, investment, investment strategy, or other matter. You understand...
FOR OUR FULL DISCLAIMER CLICK HEREGevo closes $68M Green Bond offering to finance construction of its renewable natural gas project
Published: 10:56 16 Apr 2021 EDT