In Colorado, Gevo, Inc. has acquired Cultivate Agricultural Intelligence, LLC for $6 million in cash, with the opportunity for the sellers to receive additional earn-out payments. Gevo will fold CultivateAI into its wholly owned Verity subsidiary to accelerate Verity’s business development and growth. CultivateAI is a proven business with expected 2024 revenue of $1.7 million […]
In Colorado, barriers that are currently preventing the use of greater percentages of biomass-based diesel fuel blended into petroleum diesel have been identified, along with strategies to overcome them, according to researchers at the National Renewable Energy Laboratory (NREL). The bio-derived diesel fuel in use today is blended into petroleum diesel at a relatively low […]
In Colorado, Gevo, Inc. sold approximately $20 million in Investment Tax Credits to an undisclosed corporate buyer. This transaction monetizes Inflation Reduction Act Investment Tax Credits generated from the commercialization of a renewable natural gas production facility by Gevo NW Iowa RNG, LLC and provides net cash proceeds of approximately $17 million to Gevo after […]
In Colorado, Gevo announced on September 16, 2024, that it has received a U.S. patent for its ethanol-to-olefin process, a significant advancement in bio-based chemical and fuel production. The ETO process, which uses proprietary catalysts to convert ethanol into valuable three- and four-carbon olefins like propylene, promises to lower both capital and operating costs by […]
In Colorado, Gevo, a leader in net-zero fuels, is set to acquire Red Trail Energy’s ethanol and carbon capture facilities in North Dakota for $210 million. The deal boosts Gevo’s push for sustainable aviation fuel and low-carbon products, adding a key carbon sequestration site with a million-ton capacity. The acquisition of the 65-million-gallon ethanol plant […]
In Colorado, The Fence Post reports U.S. Agriculture Secretary Tom Vilsack, speaking to National Farmers Union members this week, warned that critical support for mid-size farmers, including programs funded through the Commodity Credit Corporation and the Inflation Reduction Act, could be at risk if efforts to reduce government spending succeed. Vilsack highlighted the importance of […]
In Colorado, Crocs has reported considerable progress in its efforts to increase the renewable content of its popular clogs. The company says it has reached 25% “bio-circular” content in its proprietary Croslite material, which accounts for more than 80% of Crocs’ total materials used across its portfolio. “We believe that to truly make an impact, […]
In Colorado, researchers at the National Renewable Energy Laboratory have developed an epoxy that could extend the usable life of wind turbine blades. Turbine blades have a finite usable life of about 20 years, but because the resins used to create the massive blades can’t be easily dissolved, the foam and carbon fiber that make […]
In Colorado, Gevo unveiled a compelling report by Charles River Associates detailing the economic and environmental gains from sustainable aviation fuel production, notably at its planned Net-Zero 1 facility in South Dakota. According to the study, every federal dollar invested in SAF yields $4-6 in economic benefits. The NZ1 facility, which focuses on converting alcohol […]
In Colorado, Cowboy Clean Fuels announced the successful closing of approximately $13 million in Series B equity financing. This funding will be pivotal in commercializing its groundbreaking technology for the simultaneous production of renewable natural gas (RNG) and permanent sequestration of carbon dioxide, presenting a significant opportunity for investors in the growing renewable energy and […]
