Gevo completes debt refinancing transaction

Gevo (GEVO) announced closing of a refinancing transaction on February 6, 2026 that simplifies the company’s capital structure. As part of the transaction, Gevo redeemed all existing tranches of bonds relating to its renewable natural gas subsidiary, which totaled approximately $68M. The bond redemptions allowed Gevo to free up more than $35M of previously restricted cash without a material change to the company’s total outstanding debt and with lower administrative costs. The $175M loan facility with Orion Infrastructure Capital consolidates the existing Gevo North Dakota term debt with the debt associated with Gevo’s RNG subsidiary. In addition, on February 6, Gevo entered a revolving credit facility of up to $20M with Huntington National Bank. This flexible credit provides working capital for Gevo’s low-carbon ethanol plant operations at Gevo North Dakota.