Gevo (GEVO) Prices 38.46M Share Registered Direct Offering at $1.30/Sh
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Gevo (GEVO) Exceeds $1.5B in Long-Term Revenue Contracts with Signing of Trafigura
August 20, 2020 9:06 AM EDTGevo, Inc. (NASDAQ: GEVO) announced today that it has entered into a binding Renewable Hydrocarbons Purchase and Sale Agreement, dated August 17, 2020 (the Agreement) with Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd (Trafigura). The Agreement is a long term, take or pay contract and is the largest contract in Gevos history. Trafigura is one of the worlds leading independent commodity trading companies with over $171B and over $54B in revenue and assets, respectively. Under this contract Trafigura is expected to take delivery of 25MPGY of renewable hydrocarbons, the majority of... More
