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Gevo's Ethanol Plant Sale Cuts $3 Million From Annual Expenses
benzinga.com/news/asset-sales/25/05/45648627/gevos-ethanol-plant-sale-cuts-3-million-from-annual-expenses
Gevo Inc. (NASDAQ:GEVO) reported on Wednesday that it has agreed to sell its ethanol subsidiary, Agri-Energy LLC, to A.E. Innovation LLC for $7 million. The deal includes Gevo’s idle 18-million-gallon-per-year ethanol plant in Luverne, Minnesota, which has been offline since 2022.
Gevo…
This story appeared on benzinga.com, 2025-05-28 15:31:11.