Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-Carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainable Aviation ...

Gevo, Inc. (GEVO)
Last gevo, inc. earnings: 11/12 04:05 pm
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Source: Yahoo! Finance
Gevo, Inc. September 12, 2024 11 min read In This Article GEVO Gevo, Inc. ENGLEWOOD, Colo., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that it has entered into a definitive agreement to acquire the ethanol production plant and carbon capture and sequestration (“CCS”) assets of Red Trail Energy, LLC (“Red Trail Energy”) for $210 million. Acquisition highlights: The Adjusted EBITDA from Red Trail Energy ethanol and CCS assets, when combined with Adjusted EBITDA from Gevo's renewable natural gas (“RNG”) business, and other businesses, including Verity, is expected to make Gevo's Adjusted EBITDA positive in 2025. The purchase pri
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News
- Gevo and Future Energy Global Sign SAF Scope 1 and Scope 3 Voluntary Carbon Credit Offtake Agreement to Accelerate Book-and-Claim MarketGlobeNewswire
- Is Gevo, Inc. (GEVO) the Best Ethanol Stock to Buy According to Hedge Funds? [Yahoo! Finance]Yahoo! Finance
- Verity Announces Agreement with Minnesota Soybean Processors to Track and Verify Sustainable Agriculture Attributes [Yahoo! Finance]Yahoo! Finance
- Verity Announces Agreement with Minnesota Soybean Processors to Track and Verify Sustainable Agriculture AttributesGlobeNewswire
- Gevo, Inc. (NASDAQ: GEVO) had its price target lowered by analysts at UBS Group AG from $3.25 to $1.15. They now have a "neutral" rating on the stock.MarketBeat
GEVO
Earnings
- 11/7/24 - Beat
GEVO
Sec Filings
- 4/9/25 - Form DEFA14A
- 4/9/25 - Form DEF
- 4/9/25 - Form 8-K
- GEVO's page on the SEC website