Gevo

Gevo was founded in 2005 and is headquartered in Englewood, Colorado. It makes low-carbon ethanol, renewable natural gas and related products, and is developing alcohol-to-jet sustainable aviation fuel at its North Dakota site. On January 31, 2025 it bought a corn ethanol plant in Richardton, North Dakota from Red Trail Energy for $210 million; the plant has about 67 million gallons a year of capacity and an onsite Class VI well that stored 157,606 tonnes of CO2 in 2025. Gevo earns revenue from ethanol, distillers grains and corn oil, renewable natural gas from a dairy-based plant in Northwest Iowa, Section 45Z tax credits, Canadian Clean Fuel Regulation credits and carbon removal credits. Revenue was $160.6 million in 2025. In its second-quarter 2026 results it recorded a $176 million non-cash charge, mainly for its ATJ-60 project in Lake Preston, South Dakota, and said it would exit that project to focus on North Dakota. On October 22, 2026 it said it expects more than $50 million of carbon-business revenue in 2026 and plans to expand the North Dakota plant by 2028. Gevo trades on Nasdaq as GEVO.