Gevo makes first delivery of CORCs to Biorecro

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.