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Stock impact report

Gevo Wins Bid to Supply Renewable Gasoline to the City of Seattle

Gevo, Inc. (GEVO) 
Last gevo, inc. earnings: 11/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gevo.com
Company Research Source: GlobeNewswire
ENGLEWOOD, Colo., Nov. 04, 2019 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading renewable fuels and chemicals manufacturer, announced today it has made the winning bid in a competitive process conducted by the City of Seattle to provide renewable gasoline to its fleet vehicles.  Gevo has been awarded a four (4) year contract, with three (3) two-year extensions, to supply at minimum 200,000 gallons/year of renewable isobutanol and 600,000 gallons/year renewable isooctane (“renewable gasoline”) to the City of Seattle to displace fossil-based gasoline. The bidding process was part of Seattle’s Green Fleet Action Plan (GFAP) authored by Philip Saunders, Seattle’s Green Fleet Program Manager, to tackle its fleet emissions aggressively.  The City of Seattle has stated that in the Puget Sound region, transportation accounts for over 60 percent of the greenhouse gas (GHG) emissions. Therefore, it’s acutely focused on reducing emissions from the citywide fleet in support of its C Show less Read more
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