Gevo (NASDAQ: GEVO) has announced a significant Carbon Dioxide Removal Sales Agreement through its subsidiary Net-Zero Richardton with Biorecro North America. The deal is expected to generate $26 million in revenues over five years through voluntary carbon credits from Gevo’s North Dakota facility.
The facility, certified by Puro.earth, has been storing up to 165,000 tonnes of CO2 annually since 2022 and has capacity to store up to 1 million tonnes per year. The carbon removal credits, known as CORCs, meet strict standards for 1,000-plus-years permanence and are immediately available for customers looking to offset hard-to-abate emissions.
Gevo (NASDAQ: GEVO) ha annunciato un importante accordo di vendita di rimozione delle emissioni di CO2 tramite la sua filiale Net-Zero Richardton con Biorecro North America. L’accordo dovrebbe generare 26 milioni di dollari di ricavi in cinque anni tramite crediti volontari di carbonio provenienti dallo stabilimento di Gevo nel North Dakota.
Lo stabilimento, certificato da Puro.earth, è in grado di immagazzinare fino a 165.000 tonnellate di CO2 all’anno dal 2022 e ha capacità di stoccaggio fino a 1 milione di tonnellate all’anno. I crediti di rimozione del carbonio, noti come CORCs, soddisfano rigidi standard per una permanenza di oltre 1.000 anni e sono immediatamente disponibili per i clienti che cercano di compensare emissioni difficili da ridurre.
Gevo (NASDAQ: GEVO) ha anunciado un importante Acuerdo de Ventas de Eliminación de Dióxido de Carbono a través de su subsidiaria Net-Zero Richardton con Biorecro North America. El acuerdo se espera que genere 26 millones de dólares en ingresos en cinco años mediante créditos voluntarios de carbono procedentes de la instalación de Gevo en Dakota del Norte.
La instalación, certificada por Puro.earth, ha estado almacenando hasta 165.000 toneladas de CO2 al año desde 2022 y tiene capacidad para almacenar hasta un millón de toneladas por año. Los créditos de eliminación de carbono, conocidos como CORCs, cumplen con estándares estrictos de permanencia de más de 1.000 años y están disponibles de inmediato para clientes que buscan compensar emisiones difíciles de abatir.
Gevo (NASDAQ: GEVO)는 Net-Zero Richardton 자회사를 통해 Biorecro North America와 함께 중요한 이산화탄소 제거 판매 계약을 발표했습니다. 이 거래는 5년 동안 2,600만 달러의 매출을 Gevo의 노스다코타 시설에서 얻을 수 있을 것으로 예상됩니다.
이 시설은 Puro.earth의 인증을 받았으며 2022년부터 연간 최대 165,000톤의 CO2를 저장해 왔으며, 연간 최대 100만 톤까지 저장 가능합니다. 탄소 제거 크레딧은 CORC로 알려져 있으며 1,000년 이상 지속되는 엄격한 기준을 충족하며, 갖고 있지 어려운 배출량을 상쇄하려는 고객에게 즉시 제공됩니다.
Gevo (NASDAQ: GEVO) a annoncé un accord important de Vente de Dérivation de Dioxyde de Carbone via sa filiale Net-Zero Richardton avec Biorecro North America. L’accord devrait générer 26 millions de dollars de revenus sur cinq ans grâce à des crédits carbone volontaires issus de l’installation de Gevo dans le Dakota du Nord.
L’installation, certifiée par Puro.earth, stocke jusqu’à 165 000 tonnes de CO2 par an depuis 2022 et a une capacité de stockage allant jusqu’à 1 million de tonnes par an. Les crédits de retrait de carbone, connus sous le nom de CORCs, répondent à des normes strictes de permanence de plus de 1 000 ans et sont immédiatement disponibles pour les clients cherchant à compenser des émissions difficiles à réduire.
Gevo (NASDAQ: GEVO) hat eine bedeutende Vereinbarung zum Verkauf von CO2-Entfernung durch seine Tochtergesellschaft Net-Zero Richardton mit Biorecro North America bekannt gegeben. Der Deal soll 5 Jahre lang Einnahmen in Höhe von 26 Mio. USD durch freiwillige Kohlenstoffgutschriften aus Gevos Einrichtung in North Dakota generieren.
Die Anlage, von Puro.earth zertifiziert, hat seit 2022 bis zu 165.000 Tonnen CO2 pro Jahr gespeichert und hat eine Kapazität zur Speicherung von bis zu 1 Million Tonnen pro Jahr. Die Kohlenstoffentfernungs-Credits, bekannt als CORCs, erfüllen strenge Standards für eine Permanenz von über 1.000 Jahren und stehen Kunden, die schwer zu reduzierende Emissionen ausgleichen möchten, sofort zur Verfügung.
Gevo (ناسداك: GEVO) أعلنت عن اتفاقية بيع مهمة لإزالة ثاني أكسيد الكربون عبر شركتها الفرعية نت-زيرو ريتشاردتون مع Biorecro North America. من المتوقع أن يحقق العقد 26 مليون دولار من الإيرادات على مدى خمس سنوات من خلال اعتمادات الكربون الطوعية من منشأة Gevo في داكوتا الشمالية.
المنشأة، المعتمدة من Puro.earth، قامت بتخزين حتى 165,000 طن من CO2 سنوياً منذ 2022 وتملك القدرة على التخزين حتى 1 مليون طن سنوياً. اعتمادات إزالة الكربون، المعروفة باسم CORCs، تفي بمعايير صارمة لبقاء يتجاوز 1,000 عام وهي متاحة فوراً للعملاء الراغبين في تعويض الانبعاثات التي يصعب تقليلها.
Gevo (NASDAQ: GEVO) 通过其子公司 Net-Zero Richardton 与 Biorecro North America 宣布了一项重要的二氧化碳移除销售协议。该交易预计在五年内通过 Gevo 位于北达科他州的设施产生 2600万美元的收入，来自自愿碳信用。
该设施获得 Puro.earth 认证，自 2022 年起每年存储高达 165,000 吨 CO2，并且有能力每年存储高达 100 万吨。 这些被称为 CORCs 的碳移除信用，符合超过 1,000 年的严格长期永久性标准，立即可供寻求抵消难以削减的排放的客户使用。
Positive
- New revenue stream of $26 million over five years from carbon credits
- Operational capacity to store up to 1 million tonnes of CO2 annually
- Currently storing 165,000 tonnes of CO2 per year
- Potential for volume expansion beyond initial agreement
- Immediate availability of certified carbon removal credits
Negative
- Acknowledged volatility in biofuel markets
- Limited to voluntary carbon credits market
Insights
Gevo’s $26M carbon credit deal with Biorecro establishes stable revenue stream, diversifying beyond volatile biofuel markets.
Gevo’s newly announced carbon credit offtake agreement represents a significant strategic pivot toward revenue diversification. The
The agreement specifically addresses a critical weakness in Gevo’s business model. As management explicitly acknowledged, “while biofuel markets can be volatile,” this carbon removal credit business provides “new, stable revenue streams.” This stability carries substantial value for a company that has traditionally faced unpredictable cash flows.
What makes this particularly notable is Gevo’s operational readiness in the carbon removal marketplace. The North Dakota facility has been certifying up to 165,000 tonnes of stored CO₂ annually since 2022, with infrastructure capable of scaling to 1 million tonnes per year. The credits are certified by Puro.earth, generating CORCs (CO₂ Removal Certifications) that meet rigorous 1,000-plus-years permanence standards—a quality marker increasingly demanded by corporate buyers facing pressure to address hard-to-abate emissions.
The timing aligns perfectly with surging demand for high-integrity carbon removal solutions as companies struggle to meet net-zero commitments. Bioenergy with Carbon Capture and Storage (BECCS) represents one of the few commercially viable negative emissions technologies currently available at scale, giving Gevo a first-mover advantage in this rapidly developing market.
By leveraging existing infrastructure and operations, Gevo can generate this new revenue stream with minimal additional capital investment, potentially improving near-term financial performance while maintaining its longer-term renewable fuels strategy.
Gevo’s carbon business expands, enabling a consistent new revenue source for Gevo, and strengthens Biorecro’s BECCS project portfolio with an in-operation project.
ENGLEWOOD, Colo., Sept. 18, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced today that its subsidiary, Net-Zero Richardton, LLC, has signed a Carbon Dioxide Removal Sales Agreement (the “Agreement”) with Biorecro North America, LLC (“Biorecro”) 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
“This deal with Biorecro demonstrates the demand for high-quality carbon dioxide removal credits,” says Dr. Paul D. Bloom, Chief Business Officer for Gevo. “While biofuel markets can be volatile, the demand for our cost-effective carbon abatement solutions is starting to provide new, stable revenue streams to deliver value to our customers and shareholders.”
“We are proud to be part of Gevo’s bold and forward-thinking commitment to bioenergy with carbon capture and storage (“BECCS”),” says Henrik Karlsson, Founder and Chief Executive Officer of Biorecro. “As a global BECCS project developer, our team at Biorecro is excited to share our expertise with Gevo and leverage their capacity to grow this critical carbon removal sector in this project and beyond.”
The Gevo North Dakota site has been certifying up to 165,000 tonnes of stored CO2 per year since 2022 as one of the first BECCS and industrial-scale carbon removal projects to become operational globally.1 The site has the appropriate geological formation and operational Class VI well for CCS, with the ability to store up to an estimated 1 million tonnes of CO2 per year. The supply of credits is certified by Puro.earth, generating a CORC (or CO2 Removal Certification) that can be bought, sold and retired by customers and adheres to strict standards for 1,000-plus-years permanence and other key quality parameters required by customers. Gevo North Dakota is supplying customers with CORCs today that are ready to be utilized immediately.
_____________________________
1 Gevo purchased the assets now known as Gevo North Dakota on January 31, 2025. The assets were previously owned and operated by Red Trail Energy, LLC prior to Gevo’s purchase.
At Gevo North Dakota, biogenic CO₂ is captured and securely stored underground, enabling the generation of carbon removal credits. Today, biogenic CO₂ has additional value when permanently stored, generating carbon removal credits that help customers offset emissions. Biogenic CO2 is a coproduct that is produced along with protein feed and fuel in our process and has many pathways via carbon capture, utilization and storage (“CCUS”). Carbon dioxide is often used in industrial applications, including the food-and-beverage industry and enhanced oil recovery (“EOR”) in petroleum production.
“Biorecro is a leader in this field,” says Alex Clayton, Chief Business Development Officer at Gevo. “We’re pleased with our first deal and look forward to the potential for developing more projects. Biorecro understands this market, and the global customers they will serve with an ongoing supply of CORCs from Gevo North Dakota should feel confident in the rigorous validation of our carbon-abatement project.”
About Gevo
Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, that integrates a bioenergy with carbon capture and sequestration (“BECCS”) system. This site captures and permanently stores up to 1 million tonnes of biogenic CO₂ per year in a Class VI well, generating Puro.earth certified carbon removal credits that are available to customers today. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future while delivering value to the market.
For more information, see www.gevo.com.
About Biorecro
Biorecro is a global project developer with over 15 years of experience focusing on BECCS. Biorecro integrates BECCS operations into existing industrial facilities, such as biomass power, combined heat and power, pulp and paper, as well as bioenergy facilities including ethanol and biogas production. By capturing and storing biogenic carbon already being emitted, BECCS is able to bring carbon removal to the market at scale, a powerful tool in the fight against climate change.
Biorecro’s development focuses on project initiation, revenue, financing, quality verification, and risk mitigation. Biorecro’s project development is based on learnings from dozens of BECCS projects across several continents over the past 15 years. Currently, Biorecro’s project development is ongoing together with partners on multiple projects throughout Europe, North America, and globally.
For more information, see www.biorecro.com.
Forward Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, the financial aspects of the Agreement; Biorecro and its business system; Puro.earth and its certification process, the markets and demand for carbon dioxide removal credits, and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations, and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024 and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.
Gevo Media Contact
Heather L. Manuel
VP, Stakeholder Engagement & Partnerships
PR@gevo.com
Gevo IR Contact
Eric Frey
VP, Corporate Development
IR@Gevo.com
Biorecro Media Contact
Henrik Karlsson
Founder and CEO
Press@biorecro.com
FAQ
What is the value of Gevo’s carbon credit deal with Biorecro?
The deal is expected to generate $26 million in revenues over five years through voluntary carbon credits, with potential for volume expansion.
How much CO2 can Gevo’s North Dakota facility store annually?
The facility has the capacity to store up to 1 million tonnes of CO2 per year, currently storing about 165,000 tonnes annually.
What type of carbon credits does Gevo’s North Dakota facility generate?
The facility generates CORCs (CO2 Removal Certification) certified by Puro.earth, meeting strict standards for 1,000-plus-years permanence.
When did Gevo acquire its North Dakota carbon storage facility?
Gevo purchased the assets, previously owned by Red Trail Energy, LLC, on January 31, 2025.
How does Gevo’s carbon credit program work?
Gevo captures biogenic CO₂ from its operations and securely stores it underground, generating certified carbon removal credits that help customers offset emissions.
