Gevo to buy Red Trail Energy assets in North Dakota
Gevo, Inc. Closes Acquisition of Assets from Red Trail Energy, LLC and Secures $105 Million Term Loan Facility
Gevo, Inc. (NASDAQ: GEVO) has successfully completed the acquisition of assets from Red Trail Energy, LLC, including an ethanol production plant and carbon capture and sequestration assets in Richardton,
This transformational acquisition marks the start of Net-Zero North,” said Gevo Chief Executive Officer, Patrick Gruber. “Looking forward, this is a great site to expand the plant to produce SAF, ...
Red Trail Energy, LLC, based in Richardton, North Dakota, held a vote of its equity holders to vote to approve Gevo’s acquisition of its ethanol production plant and carbon capture and ...
Red Trail Energy, LLC produces and sells fuel grade ethanol, distillers grains, and corn oil in the continental United States. The company offers ethyl alcohol, a fuel component made primarily ...
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