Gevo Completes Sale of Luverne, Minnesota, Ethanol Facility to A.E. Innovation, Retains Isobutanol Assets for Future Innovation
Gevo, Inc. (GEVO)
Last gevo, inc. earnings: 11/12 04:05 pm
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Source: GlobeNewswire
ENGLEWOOD, Colo., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that it has completed the sale transaction of Agri-Energy, LLC (“Agri”), a wholly owned subsidiary of Gevo, to A.E. Innovation, LLC (“A.E.”). The transaction includes Agri’s 18-million-gallon-per-year ethanol-production facility and a portion of the adjacent land, located in Luverne, Minnesota. For Gevo, this is a divestiture of a non-core asset that provided $2 million in cash up front and $5 million in future cash installments, while saving annual idling costs of approximately $3 million per year. Under the terms of the sale, Gevo retained ownership of the majority of the isobutanol production assets onsite and approximately 30 acres of land. A.E., an agriculture-oriented buyer group located in Minnesota, acquired Agri with the intent to restart ethanol production at the plant, which has been idled since March 2020. A.E. intends to use the site to produce ethanol, and to make the
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GEVO
News
- Gevo (NASDAQ:GEVO) was upgraded by analysts at Northland Capmk to a "strong-buy" rating.MarketBeat
- Gevo (NASDAQ:GEVO) is now covered by analysts at Northland Securities. They set an "outperform" rating and a $3.00 price target on the stock.MarketBeat
- H.C. Wainwright Maintains a Buy on Gevo, Inc. (GEVO) [Yahoo! Finance]Yahoo! Finance
- Institutions own 36% of Gevo, Inc. (NASDAQ:GEVO) shares but individual investors control 60% of the company [Yahoo! Finance]Yahoo! Finance
- Gevo Inc (GEVO) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and Positive EBITDA ... [Yahoo! Finance]Yahoo! Finance
GEVO
Earnings
- 11/10/25 - Beat
GEVO
Sec Filings
- 12/5/25 - Form 4
- 11/21/25 - Form 4
- 11/14/25 - Form 4
- GEVO's page on the SEC website