Gevo breaks ground on its first commercial sustainable aviation fuel facility, Net-Zero 1

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Gevo, Inc. announces groundbreaking for its first commercial-scale sustainable aviation fuel (SAF) facility, Net-Zero 1 (NZ1).

The NZ1 project is expected to employ 1,000 people during construction and approximately 90 full-time employees once operational. The facility will be built on 245 acres, very favorable for the production of low-carbon SAF, with site preparation beginning now and official construction expected to start in 2023.

“This is an important milestone that our team has worked hard to achieve,” said Dr. Patrick Gruber, Chief Executive Officer of Gevo. “Building manufacturing facilities like Net-Zero 1 that use defossilized energy, create a business system that rewards sustainability improvements and is fair to all parties in the value chain is important to us. When all the elements come together, from farmers growing sustainable corn feedstock, to renewable wind power and natural gas that provide power and thermal energy for the facility, to the high quality nutritional products, corn oil and sustainable aviation fuel that leaves the gate, we expect that our circular economy becomes active, increasing the sustainability of every product we make while reducing the impact of fossil fuels.”

“South Dakota provides all of the elements for success required for our first commercial facility, but we are actively working to identify and develop our second location as we have off-take agreements that require additional capacity beyond Net-Zero 1” said Dr. Chris Ryan, President and Chief Operating Officer “As we build our manufacturing capabilities to meet our delivery commitments, we know these projects also bring value to local farmers and communities. We look forward to moving forward and delivering that value,” added Dr. Added Ryan.

The associated wind energy project that will power the facility is under development. Green hydrogen from water and renewable natural gas is also planned for the site. Net-Zero 1 will show the world that the pinnacle of the energy transition lies in the heart of America, where farmers and plant engineers will converge with airline customers, investors and many others to lead the way into the future.

This project plan is expected to allow Gevo to begin supplying the first quantities of SAF in 2025 to fulfill a portion of existing supply agreements. Net-Zero 1 is expected to produce 55 MGPY SAF or 65 MGPY of total hydrocarbon volume.

In 2023, Gevo expects to complete construction financing for the NZ1 project and begin construction of NZ1.

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