Gevo and ClimeFi Complete Carbon Removal Transaction, Advancing Gevo's Growing Carbon Business
Key Highlights
- ➤10,000 carbon removal credits sold and delivered through ClimeFi
- ➤Gevo North Dakota generated more than 700,000 tons of carbon dioxide removal
- ➤Carbon removals stored underground have permanence exceeding 1,000 years
- ➤Only about 3% of roughly 50 million contracted CDR tons has been delivered
Expert Statements
Paul Bloom, Chief Executive Officer of Gevo
“This transaction validates Gevo's strategy of building a durable, diversified carbon business alongside our low-carbon fuels platform.”
Paul Bloom, Chief Executive Officer of Gevo
“With proven sequestration infrastructure, commercial operations and access to both compliance and voluntary carbon markets, we believe our existing operations can support a growing carbon business and create a meaningful contributor to earnings, cash generation and shareholder value.”
Alex Clayton, Chief Carbon Officer of Gevo
“Customers looking for high-integrity carbon credits can count on Gevo to deliver.”
Alex Clayton, Chief Carbon Officer of Gevo
“As more corporations enter the market, we will continue to provide permanent carbon removals generated from proven infrastructure and real-world operations.”
ENGLEWOOD, Colo., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) today announced the successful sale and delivery of 10,000 carbon dioxide removal credits through ClimeFi to the ultimate corporate buyer as part of its carbon management strategy.
The transaction demonstrates growing demand for durable carbon removals generated at Gevo North Dakota, where biogenic carbon dioxide from ethanol production is captured and permanently stored through geologic sequestration. Since carbon capture operations began at the facility, it has generated more than 700,000 tons of carbon dioxide removal.
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