Gevo Secures Multi-Year Carbon Credit Delivery Agreement Worth $26 Million

Reuters
11/03
Gevo Secures Multi-Year Carbon Credit Delivery Agreement Worth $26 Million

Gevo Inc. announced the production and delivery of certified carbon dioxide removal credits (CORCs) to Biorecro North America, LLC. This marks the first delivery under a multi-year agreement announced in September, expected to generate approximately $26 million in revenues for Gevo over five years, with an option to expand volumes in the future. The CORCs are certified under the Puro.earth standard and are generated from Gevo's North Dakota operations, utilizing carbon capture and sequestration associated with ethanol production. Gevo states it is the only producer of CORCs from ethanol production to receive this certification.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gevo Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9566934-en) on November 03, 2025, and is solely responsible for the information contained therein.

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