leadf
logo-loader
viewGevo Inc

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.

Quick facts: Gevo Inc

Price: 7.02 USD

NASDAQ:GEVO
Market: NASDAQ
Market Cap: $1.09 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

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...

In exchange for publishing services rendered by the Company on behalf of Gevo Inc named herein, including the promotion by the Company of Gevo Inc in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Gevo take a step towards carbon neutrality with two wind towers operating at...

Gevo (NASDAQ: GEVO) Dr Patrick Gruber joined Steve Darling from Proactive Vancouver with news the company now has two wind turbines churning that will supply up to 5.0 MW of fully renewable electricity to Gevo’s production facility located in Luverne.  Gruber talks about how this fits...

on 1/5/20

2 min read