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Articles tagged under: Gevo

GEVO Expands

Published April 3, 2026

Gevo is expanding its footprint in North Dakota, announcing plans to double ethanol production capacity at its Richardton facility.  The company will add a second plant capable of producing up to 75 million gallons of low-carbon ethanol annually, while also…
Latest NewsAg Business

Traceabilty Platform Provides Access to Potential Market Premiums

Published February 9, 2026

The Treasury Department and the IRS have released guidance for the Section 45Z tax credit. Fargo-based Bushel is working with Verity Holdings, a wholly owned subsidiary of the GEVO ethanol facility in Richardton, North Dakota. Bushel CEO Jake Joraanstad says…
Latest NewsAg BusinessPolicy

Gevo Sells Luverne, MN Ethanol Plant

Published November 5, 2025

Gevo has completed the sale of its Agri-Energy ethanol plant at Luverne, Minnesota. The new owner, AE Innovation, plans to resume ethanol production at a facility that has been shut down for the past five years. Gevo retained ownership of…
Latest NewsAg Business

GEVO Loan Guarantee Extended

Published October 20, 2025

The Trump administration is extending a $1.46 billion loan guarantee to Gevo, a company producing sustainable aviation fuel from corn ethanol. Gevo is considering moving the guarantee from its Lake Preston, South Dakota plant to the Richardton, North Dakota facility…
Latest NewsAg Business

GEVO CEO: Agriculture Key to America’s Energy Future

Published June 13, 2025

At the Midwest Ag Summit in West Fargo, GEVO President and CEO Chris Ryan emphasized the vital role agriculture plays in shaping America’s energy future. Ryan highlighted strong local support in North Dakota for developing new fuels from agriculture. “When…
Latest NewsAg BusinessPolicy

New Ownership for Luverne, MN Ethanol Plant

Published May 29, 2025

An 18 million gallon-per-year ethanol plant in Luverne, Minnesota, is getting a new owner. GEVO has a definitive agreement to sell its wholly-owned subsidiary, Agri-Energy LLC, to A.E. Innovation for $7 million. This plant has been shut down since 2022.…
Latest NewsAg Business

Red Trail Energy Sale Finalized

Published February 4, 2025

Gevo has completed its acquisition of Red Trail Energy’s ethanol plant and its carbon capture and sequestration assets. The Richardton, North Dakota facility will be expanded to produce sustainable aviation fuel. The purchase price was $210 million.
Latest NewsAg Business

Red Trail Energy Sale to Close in Q1 2025

Published December 13, 2024

Shareholders with Richardton, North Dakota-based Red Trail Energy have approve the sale of its ethanol plant and carbon capture and storage to Colorado-based Gevo. Gevo is paying $210 million for the facility, which will be used to make sustainable aviation…
Latest NewsAg Business

Gevo Receives Patent for Its Biofuels Process

Published September 16, 2024

Gevo has received a patent for its ethanol-to-olefins process. This next generation process has the potential to lower the cost of producing sustainable aviation fuel and other fuels and chemicals. This news follows the acquisition of the Red Trail Energy…
Latest NewsAg Business

SAF Tax Credits, Pipeline Influence Outlook for Gevo

Published May 4, 2024

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…
Latest NewsAg Business

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