Gevo (GEVO) announced the production and delivery of certified carbon dioxide removal credits, known as CORCs under the Puro.earth standard, to Biorecro North America, marking a major milestone in the commercialization of durable carbon removal from its North Dakota operations. This delivery is the first fulfillment against the multi-year agreement announced in September, which is expected to generate approximately $26 million in revenues for Gevo over five years with the option to expand the volumes in the future.
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