Gevo to buy Red Trail Energy assets in North Dakota

Gevo acquires Red Trail Energy’s ethanol and CCS assets in North Dakota
Gevo has completed the acquisition of Red Trail Energy’s ethanol production plant and carbon capture and sequestration (CCS) assets in North Dakota, US. This strategic move expands Gevo's portfolio of energy assets, aiming to enhance its sustainable aviation fuel (SAF) facilities.
Gevo to buy Red Trail Energy assets in North Dakota in $210M deal
Gevo said it agreed to acquire the ethanol production plant and carbon capture and sequestration assets of Red Trail Energy in North Dakota for $210M.
Gevo completes acquisition of Red Trail Energy assets in North Dakota
Gevo has acquired the ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy, LLC for an aggregate purchase price of $210 MM, subject to customary adjustments,
Gevo finalizes acquisition of Red Trail assets
The $210 million deal includes the company’s ethanol production plant, carbon capture and sequestration operations, and pore space in Richardton, North Dakota.
Gevo, Inc. Closes Acquisition of Assets from Red Trail Energy, LLC and Secures $105 Million Term Loan Facility
Gevo, Inc. (NASDAQ: GEVO) has successfully completed the acquisition of assets from Red Trail Energy, LLC, including an ethanol production plant and carbon capture and sequestration assets in Richardton,
Gevo Buys Ethanol & CCS Assets, Secures Additional $100 Million Potential Funding For Net-Zero North Expansion
Gevo acquired Red Trail Energy's ethanol plant and carbon capture assets for $210 million, providing potential for sustainable aviation fuel production and projected annual EBITDA of $30-60 million.
Gevo Completes Acquisition of Red Trail Energy Assets in North Dakota, Expanding a Burgeoning Portfolio of Energy Assets
This transformational acquisition marks the start of Net-Zero North,” said Gevo Chief Executive Officer, Patrick Gruber. “Looking forward, this is a great site to expand the plant to produce SAF, along with other additional co-located projects.
Gevo acquires Red Trail Energy’s ethanol and CCS assets for SAF expansion
Renewable chemicals and biofuels company Gevo has acquired an ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy to expand sustainable aviation fuel (SAF) production.
Nasdaq1mon
Gevo’s Acquisition of Assets in North Dakota Proceeds Following Approval Vote by Red Trail Energy’s Equity Holders
Red Trail Energy, LLC, based in Richardton, North Dakota, held a vote of its equity holders to vote to approve Gevo’s acquisition of its ethanol production plant and carbon capture and ...
Gevo to Participate in Virtual Investor Meeting About Recent Closing of Acquisition of Net-Zero North
Investors and other persons interested in learning more about the virtual investor presentation can find information and registration details at the following link: About Gevo Gevo is a ...
H.C. Wainwright maintains Buy rating, $14 target on Gevo stock
Gevo , Inc. (NASDAQ:GEVO), currently trading at $1.86 with a market capitalization of $430 million, retained a positive outlook from H.C. Wainwright, with analyst Amit Dayal reiterating a Buy rating ...
Eagle-Tribune1mon
Gevo’s Acquisition of Assets in North Dakota Proceeds Following Approval Vote by Red Trail ...
Dec. 11, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ ... This acquisition also enables an ideal location for a ‘Net-Zero North’ plant to produce sustainable aviation fuel (“SAF”).