Gevo Subsidiary Signs Major Carbon Dioxide Removal Agreement, Projected to Generate $26 Million in Revenue
CARBON CAPTURE
Gevo Inc. announced that its subsidiary, Net Zero Richardton LLC, has entered into a carbon dioxide removal sales agreement with Biorecro North America LLC. This five-year agreement is expected to generate approximately $26 million in revenue through the commercialization of voluntary carbon credits from Gevo’s North Dakota facility. The site has been operational since 2022 and is certified to store significant amounts of CO2, providing high-quality carbon removal credits that meet stringent standards.
Sep 19, 2025, 8:11 AM