In Colorado, Gevo, Inc.’s subsidiary, Net-Zero Richardton, LLC, has signed a Carbon Dioxide Removal Sales Agreement with Biorecro North America, LLC for the commercialization of carbon dioxide removal credits generated at the Gevo North Dakota facility. This Agreement is for voluntary credits and is expected to generate approximately $26 million in revenues for Gevo over five years with the option to expand the volumes under the transaction. Gevo and Biorecro are able to provide immediate, operational solutions for companies with hard-to-abate emissions; solving demand needs today with the supply of high-integrity durable carbon removal credits from Gevo North Dakota, which are certified by Puro.earth.
