Gevo ended the first quarter with sales of $3.9 million. That compares to $4.06 million one year ago. The Colorado-based company plans to tap into the sustainable aviation fuel market with a Lake Preston, South Dakota plant. The fate of this project rests with the carbon tax credits and access to the Summit Carbon Solutions pipeline. In a call with investors, Gevo officials said Lake Preston is the most attractive site for producing SAF, but other sites are being investigated.
