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
Gevo (GEVO) announces that it has acquired the ethanol production plant and carbon capture and sequestration assets of Red Trail Energy for an
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 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 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.
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GEVO Stock In Spotlight After Red Trail Energy Shareholders Approve Assets Acquisition: Retail Sentiment Improves
Gevo is acquiring Red Trail Energy’s ethanol production assets and the carbon capture and sequestration (CCS) assets, both based in Richardton, North Dakota, for $210 million in cash. The ...
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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 ...
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Gevo: Sell The Rally On Elevated Valuation And Weak Prospects
Gevo announced a definitive agreement to acquire the ethanol production plant and carbon capture and sequestration (“CCS”) assets of Red Trail Energy LLC for $210 million in cash which the ...
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Is Gevo, Inc. (GEVO) the Best Renewable Energy Penny Stock to Invest In Now?
GEVO) entered into a definitive agreement to acquire Red Trail Energy's ethanol production, carbon capture, and sequestration assets, which is expected to make the company’s adjusted EBITDA ...
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Gevo’s Acquisition of Assets in North Dakota Proceeds Following Approval Vote by Red Trail ...
ENGLEWOOD, Colo., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that its planned acquisition ...