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

Market: NASDAQ
Market Cap: $1.09 billion

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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