Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gevo ( (GEVO) ) has provided an update.
Gevo, Inc. has secured a $1.46 billion conditional loan commitment from the U.S. Department of Energy for its Net-Zero 1 sustainable aviation fuel plant in South Dakota. The plant aims to produce 60 million gallons of sustainable fuel annually using U.S.-sourced feedstocks, targeting a net-zero carbon footprint. This milestone is expected to boost the local economy, create jobs, and accelerate the commercialization of sustainable aviation fuels, offering high returns to equity investors.
For a thorough assessment of GEVO stock, go to TipRanks’ Stock Analysis page.
