GEVO News & Events

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.

Gevo announces that it's Gevo North Dakota plant has issued more than 500,000 engineered carbon-dioxide removal certificates, known as CORCs, since carbon capture and storage, CCS, activities began in June of 2022. "Gevo designed its carbon business to operate with integrity at scale across regulated low carbon fuel markets and voluntary markets," says Alex Clayton, Chief Carbon Officer for Gevo. "By applying Puro.earth's industry-leading standards for CCS and maintaining strict controls to prevent double-counting, we have been able to deliver high-quality carbon removal consistently and credibly. Reaching 500,000 CORCs demonstrates that engineered carbon removal can be both scalable and reliable."