Gevo (GEVO) Stock News

Gevo (NASDAQ: GEVO) has appointed Todd Werpy, Ph.D., to its Board of Directors, effective August 20. Werpy brings over 30 years of experience in sustainable technologies, global R&D, manufacturing operations and enterprise transformation. He previously served as Chief Science Officer and Executive Committee member at Archer-Daniels-Midland Company, where he helped build a technology pipeline and led modernization programs involving automation, advanced controls and analytics. His expertise includes biotechnology, catalysis, process engineering and commercialization of bio-based technologies. Werpy holds a Ph.D. in Inorganic Chemistry, 36 U.S. patents, more than 100 global patents, and is recognized for his contributions to green chemistry and biomass-derived chemicals.

Gevo (NASDAQ: GEVO) issued a business update highlighting actions in Q2 2026 that it expects could more than double its prior non-GAAP Adjusted EBITDA estimates for 2026. According to the company, key drivers include new carbon market pathways, higher production from debottlenecking, and cost reductions.

Gevo began monetizing Canada Clean Fuel Regulation credits and voluntary CDR credits, launched direct CDR sales via gevocarbon.com, and is targeting monetization of more than $70 million in Section 45Z tax credits in 2026. Debottlenecking at Gevo North Dakota aims to raise ethanol capacity to 75 million gallons per year by 2026, with a separate expansion toward about 150 million gallons per year by 2028 once financing is completed. RNG output is averaging about 106% of expected 2026 production, corporate cost initiatives are expected to reduce run-rate by over $5 million, and Project Northstar FEL-3 engineering estimates about $600 million in capital costs plus roughly $100 million in added site-specific expense. Gevo is also considering winding down its Lake Preston SAF project, which would trigger significant non-cash write-downs.

Gevo (NASDAQ: GEVO) reported Q1 2026 results and growth updates on May 7, 2026. Revenue was $43 million; Non-GAAP Adjusted EBITDA was $9 million. The company completed debottlenecking at Gevo North Dakota, targets ~75 million gallons capacity next year, and executed a preliminary co-investment agreement with Ara Energy to enable an expansion and carbon capture facility.

Gevo received multiple non-binding indications of interest for financing its ATJ-30 Project North Star and targets ~$30 million Adjusted EBITDA in 2026 and a $40 million annualized run-rate by year-end.

Gevo (NASDAQ: GEVO) will report first-quarter 2026 financial results on May 7, 2026 with a conference call at 4:30 p.m. ET / 2:30 p.m. MT. Participants can join by phone using passcode 3527252 or listen via webcast. A replay will be archived on Gevo's investor website.

The announcement also summarizes Gevo's business lines, including sustainable aviation fuel, motor fuels, RNG, carbon capture, and the Verity tracking subsidiary.

Gevo (NASDAQ: GEVO) withdrew its loan guarantee application with the U.S. Department of Energy Office of Energy Dominance Financing on April 15, 2026, and is pursuing alternative financing to meet a planned year-end 2026 financing timeline for its ATJ-30 project at Gevo North Dakota (GND).

The company cited that DOE-required enhanced oil recovery (EOR) objectives are not yet commercially viable in the project area and noted GND’s low-carbon ethanol, carbon capture and sequestration capabilities and existing cash generation as advantages for ATJ expansion.

Gevo (NASDAQ: GEVO) appointed Joan Cetera as Vice President, Communications and Public Relations effective April 13, 2026.

Cetera brings more than 20 years of enterprise communications experience and will oversee corporate communications, internal messaging, media engagement and reputational management to support Gevo’s renewable fuels, carbon solutions and sustainability strategy.

Gevo (NASDAQ: GEVO) announced the appointments of Kyle James as Chief Commercial Officer and Dave Kettner as General Counsel, effective April 1, 2026.

The hires complete CEO Paul Bloom's newly formed executive team, boosting commercial expertise across SAF, low-carbon products and carbon management, and expanding legal and scaling experience to support Gevo's growth strategy.

Gevo (NASDAQ: GEVO) is developing plans to add a second ethanol production facility at its Richardton, North Dakota site with targeted capacity of up to 75 million gallons per year (MGPY) of low-carbon ethanol.

Combined with a previously announced incremental increase from 67 MGPY to 75 MGPY, the GND site would be expected to produce approximately 150 MGPY of low-carbon ethanol and capture more than 400,000 metric tons of CO₂, while expanding coproducts and carbon business opportunities.

Gevo (NASDAQ: GEVO) unveiled a strategy to expand globally via licensing and franchise development built on its intellectual property and business system.

The company highlighted 17 patents issued in the last two years and a portfolio of more than 550 issued and pending patents covering SAF, renewable hydrocarbons, chemicals, and carbon management technologies.