Gevo, Inc. is a company focused on the development and commercialization of renewable fuels. Its operations are organized into four distinct segments: Gevo, Agri-Energy, Renewable Natural Gas, and Net-Zero. The company's primary objective is to offer sustainable alternatives for gasoline, jet fuel, and diesel, striving to achieve zero carbon emissions and substantially lower overall greenhouse gas footprints. Their diverse product offerings include renewable versions of gasoline and diesel, sustainable aviation fuel (SAF), and renewable natural gas. Additionally, they produce specialty chemicals like isooctane, isobutanol, isobutylene, and ethanol, along with animal feed and protein. Gevo, Inc. has formed a strategic partnership with Axens North America, Inc. to advance ethanol-to-jet technology and further the commercial development of sustainable aviation fuel projects. Originally founded in 2005 as Methanotech, Inc., the company changed its name to Gevo, Inc. in March 2006. Its corporate headquarters are located in Englewood, Colorado.
Gevo Announces Sell Out of Substantially All its 2026 Section 45Z Tax Credits
Gevo announced it has sold substantially all of its 2026 Section 45Z tax credits, totaling $70 million, generated at its ethanol and renewable natural gas facilities.
Gevo has received over $30 million in cash through September 30, with the remainder expected over the next six months; a $50 million sale went to a non-financial publicly traded company and $20 million to Quill Financial.
The company also expects an additional $7 to $10 million of 45Z credits in 2027 as debottlenecking at Gevo North Dakota, on track for year-end completion, lifts production capacity and carbon capture by 10-15%.