Gevo's net-zero 1 reaches key milestone for loan guarantee from the u.s. department of energy

Englewood, colo., aug. 07, 2023 (globe newswire) -- gevo, inc. (nasdaq: gevo) announced today that its net-zero 1 ethanol-to-jet project has been invited by the u.s. department of energy (“doe”) to the due diligence and term sheet negotiation phase for a $950 million loan guarantee under the title 17 clean energy financing program. the invitation was based on the doe's determination that gevo's net-zero 1 project is highly qualified and suitable for a loan guarantee from the doe.
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