Gevo acquires Red Trail Energy's ethanol and CCS assets in North Dakota

By Yahoo! Finance   |   1 month ago
Gevo acquires Red Trail Energy's ethanol and CCS assets in North Dakota

Gevo has acquired Red Trail Energy's ethanol plant and carbon capture assets in North Dakota for $210m, now named Net-Zero North. This move expands Gevo's energy portfolio, enhancing sustainable aviation fuel facilities and aiming for $30m-60m annual EBITDA.

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