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, 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 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 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
Gevo (GEVO) announces that it has acquired the ethanol production plant and carbon capture and sequestration assets of Red Trail Energy for an
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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 (GEVO) said last week it agreed to acquire Red Trail Energy's ethanol production plant and CCS assets in North ...
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The company, Gevo, made the contribution to a ballot ... and transport the carbon to an underground storage site in North Dakota. Federal tax credits available for the project are intended to ...
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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”).
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Gevo: Sell The Rally On Elevated Valuation And Weak Prospects
In addition, Gevo managed to sell $15.3 million in investment ... of Energy ("DOE") for its Net-Zero 1 ("NZ1") project in South Dakota: The NZ1 facility is being built in Lake Preston, South ...