Gevo (GEVO) has officially broken ground on the Renewable Natural Gas Project
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Gevo, Inc. (NASDAQ: GEVO), announced today that it has officially broken ground on the Renewable Natural Gas (“RNG”) Project, located in Northwest Iowa, which will generate RNG captured from dairy cow manure.
“Breaking ground on this project is an exciting step in bringing Gevo’s Net-Zero strategy closer to life,” said Dr. Patrick Gruber, CEO of Gevo. “Upon completion of the project in 2022, the digesters are anticipated to generate approximately 355,000 MMBtu of RNG per year and reduce significant quantities of methane, a potent greenhouse gas, from being released into the atmosphere. After the methane is extracted from the processed manure, the remaining solids will be returned to the farmers as soil nutrients for use as fertilizer. This will allow the farmers to reduce their raw manure application, which will improve odor, water quality and nutrient management practices.”
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