Gevo Inc Stock Price, News & Analysis

Gevo Inc (NASDAQ: GEVO) provided a comprehensive business update highlighting its path to positive run-rate Adjusted EBITDA in 2025. The company reported Q4 cash position of $259.0 million and detailed progress across multiple business segments:

The recently acquired Gevo North Dakota facility generated $150 million in revenue last fiscal year and is expected to contribute $30-60 million in annual Adjusted EBITDA. The facility features operational CCS technology, capturing 160,000+ tons of biogenic CO2 annually and producing 67 million gallons of low-carbon ethanol.

The company's RNG operations achieved 367,000 MMBtu production in 2024, up 17% year-over-year, with expected 2025 production exceeding 400,000 MMBtu. The ATJ-60 project in South Dakota received a $1.462 billion conditional loan commitment from the DOE, with potential to create 1,800 direct and indirect jobs.

Additional developments include growth in the Verity tracking platform, now covering 200,000+ acres, and advancement of the Ethanol to Olefins (ETO) technology through partnerships with Axens and LG Chem.

Gevo (NASDAQ: GEVO) has announced a delay in releasing its fourth quarter and full year 2024 financial results, originally scheduled for March 6, 2025. The renewable hydrocarbon fuels and chemicals developer cited the need for additional time to finalize specific accounting treatments related to two main aspects: the purchase of Red Trail Energy assets and the capitalization of certain project expenses.

The company will announce a rescheduled date and time for both the earnings release and investor conference call in a future press release.

Gevo (NASDAQ: GEVO) has announced it will host a conference call on March 6, 2025, at 4:30 p.m. ET to report its financial results for the fourth quarter ended December 31, 2024. Participants can register for the live call through a provided weblink, after which they will receive a dial-in number and pin. An audio-only option is also available through a separate weblink. A webcast replay will be accessible two hours after the conference call ends in the Investor Relations section of Gevo's website.

Gevo (NASDAQ: GEVO) and Axens have announced a new strategic alliance to accelerate the development and commercialization of sustainable aviation fuel (SAF) using the ethanol-to-jet (ETJ) pathway. The partnership will leverage Axens' Jetanol™ technology and combine both companies' technical resources to commercialize Gevo's patented ethanol-to-olefins (ETO) technology.

The collaboration aims to reduce production costs and create SAF that can compete with fossil fuels while benefiting from the growing carbon market. Gevo will lead the deployment of its ETO technology in North America, focusing on rural economic development, while Axens will provide global process licensing, catalyst, equipment, and engineering services.

The alliance builds on previous successful commercial cooperation, with both companies partnering with IFPEN to develop and deploy Gevo's next-generation ETO process, which is expected to achieve zero carbon intensity or better for fuel applications.

Gevo (NASDAQ: GEVO) has announced a virtual investor presentation and Q&A session scheduled for February 6, 2025, at 10:00am ET. The event will feature CEO Dr. Patrick Gruber and Vice President of Corporate Development Eric Frey, who will discuss the company's recent acquisition of Net-Zero North's low-carbon ethanol and carbon capture assets.

The presentation aims to provide detailed information about the closing of this strategic acquisition. Interested investors and stakeholders can access registration details and additional information through Renmark Financial's events platform.

Gevo Inc. (NASDAQ: GEVO) has acquired Red Trail Energy's assets for $210 million, including an ethanol production plant and carbon capture and sequestration (CCS) facilities in Richardton, North Dakota. The acquired assets, renamed 'Net-Zero North,' are expected to contribute $30-60 million in annual Adjusted EBITDA.

The acquisition was funded through Gevo equity capital and a $105 million senior secured term loan from Orion Infrastructure Capital (OIC). OIC has expressed interest in providing up to an additional $100 million in debt for future growth projects and is investing $5 million in equity at Net-Zero North.

The facility is notable for its low carbon intensity score, projected in the low 20s using the GREET model proposed in Section 45Z. The site offers potential expansion opportunities for sustainable aviation fuel (SAF) production and includes experienced operational personnel from the previous ownership.

Verity Holdings, a subsidiary of Gevo (NASDAQ: GEVO), has partnered with Landus to track and verify sustainable agriculture attributes at Landus' soybean facility in Ralston, Iowa. The agreement aims to create value for farmers through sustainability premiums in export markets.

The collaboration utilizes Verity's platform to document and assign value metrics for soybeans, focusing on sustainably certified products from regeneratively grown soybeans and corn. The partnership will streamline certification and data-verification processes to deliver premiums to qualifying farmers while encouraging processors to adopt efficiency-enhancing systems.

The companies plan to expand data-verification efforts to additional Landus facilities and pilot innovative market solutions, maintaining transparency with farmer-owners and stakeholders through regular progress updates.

Verity Holdings, a subsidiary of Gevo Inc. (NASDAQ: GEVO), has announced a new partnership with Midwest Renewable Energy (MRE), a Nebraska-based ethanol producer. MRE will utilize Verity's end-to-end carbon accounting platform to track sustainability metrics and enhance profitability. The platform will assist MRE in data collection, management, and lifecycle analysis calculations for participation in low carbon fuel production programs.

MRE, which produces ethanol for fuel, industrial, pharmaceutical, food, and beverage applications, aims to expand monetization opportunities through tax credits, compliance, and voluntary markets. The partnership will enable MRE to access carbon value opportunities beyond regulatory programs through Verity's network of clients.

Gevo and LG Chem have extended their joint development agreement to accelerate the commercialization of Gevo's Ethanol-to-Olefins (ETO) technology. The extension allows LG Chem to evaluate existing assets for implementing the ETO technology, which can produce carbon-neutral or carbon-negative alternatives to petroleum-based building blocks. The partnership focuses on developing bio-propylene, which can be used as a renewable raw material for various plastic products, from auto parts to flooring and diapers. Dr. Paul Bloom, Gevo's Chief Carbon and Innovation Officer, highlighted that commercial activities are progressing ahead of the original timeline.