Gevo Acquires Red Trail Energy for $210 Million, Expands Sustainable Aviation Fuel Production

Gevo, Inc. (GEVO) announced the acquisition of Red Trail Energy’s ethanol production plant and carbon capture and sequestration (CCS) assets for $210 million, boosting its sustainable aviation fuel (SAF) production capabilities and accelerating its net-zero goals. The acquisition brings immediate financial benefits and positions Gevo for future growth in the renewable energy sector.

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