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Stock impact report

Gevo Reports First Quarter 2020 Financial Results

Gevo, Inc. (GEVO) 
Last gevo, inc. earnings: 11/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gevo.com
Company Research Source: GlobeNewswire
ENGLEWOOD, Colo., May 12, 2020 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) today announced financial results for the first quarter of 2020 and recent corporate highlights. Recent Corporate Highlights In May 2020, the two wind turbines that will supply up to 5.0 MW of fully renewable electricity to Gevo’s production facility located in Luverne, MN (the “Luverne Facility”) were placed into service.  This new renewable source of electricity will enable Gevo to produce its advanced renewable fuels, including hydrocarbons, with a lower-carbon intensity in the future when Gevo resumes production operations at the Luverne Facility.In April 2020, Gevo announced the engagement of Citigroup Global Markets, Inc. to assist Gevo in executing its strategy to finance production of its products using off-balance sheet, project financing structures.In March, due to the impact that the COVID-19 virus had on the economy and Gevo’s industry, Gevo suspended production operations at its Luverne Facil Show less Read more
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