Gevo Expands North Dakota Ethanol Production

Gevo, Inc. is planning a significant expansion at its Gevo United States===North Dakota (GND) facility in Richardton, United States===North Dakota. The project involves adding a second ethanol production unit with a capacity of up to 75 million gallons per year (MGPY) of low-carbon ethanol, aiming to double the site's total capacity to approximately 150 MGPY. This expansion builds on earlier plans to increase the existing facility's output from 67 MGPY to 75 MGPY. The GND facility integrates ethanol production with carbon capture and sequestration, allowing Gevo to generate revenue from voluntary carbon markets and low-carbon fuel programs. The captured biogenic CO2, estimated at over 400,000 metric tons annually, supports low-carbon fuel initiatives and carbon removal credits. The expansion is strategically important due to United States===North Dakota's supportive environment and existing infrastructure, and it positions Gevo for future opportunities in the sustainable aviation fuel sector. Gevo is evaluating financial partners and collaborating with stakeholders, aligning with the U.S. Environmental Protection Agency's Renewable Fuel Standard priorities.