Gevo withdraws from DOE loan program, seeks alternative funding

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Gevo Withdraws from Department of Energy Financing Process and is Developing Alternative Financing for its ATJ-30 Project

April 15, 2026 5:15 PM EDT

Renewable Fuels Leader Continues to Advance Toward Year-End Financing Timeline

ENGLEWOOD, Colo., April 15, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leader in renewable fuels, chemicals and carbon management, today announced the companys withdrawal of its loan guarantee financing application with the U.S. Department of Energy (DOE) Office of Energy Dominance Financing (EDF) and is developing other funding opportunities to meet its goal of financing the companys Alcohol-to-Jet (ATJ)-30 plant by end of 2026.

Gevo withdrew its application today following a... More