Gevo Announces First Multi-Year Carbon Removal Credits Supply Agreement Through CEEZER
Key Highlights
- ➤Gevo (GEVO) signs three-year CDR credits agreement with CEEZER through 2029
- ➤Five-figure tons of contracted CDRs support Gevo’s carbon business exceeding $30 million annually
- ➤CDR credits generated at Gevo North Dakota’s BECCS ethanol plant and permanent geological storage
- ➤CEEZER will procure and manage the removal portfolio for a global Fortune 500 software company
Expert Statements
Alex Clayton, Chief Carbon Officer of Gevo
“We expect increased sales to buyers seeking permanent carbon removal solutions backed by the rigorous measurement, reporting and verification standards Gevo provides.”
Alex Clayton, Chief Carbon Officer of Gevo
“Gevo is a high-integrity, high-quality producer who can supply today to meet market needs.”
Alex Clayton, Chief Carbon Officer of Gevo
“It’s encouraging to see customers now moving to multi-year agreements and we anticipate more as companies continue to secure long-term access to durable carbon removal solutions.”
Stephan Fuechtenhans, Senior Vice President of Sourcing & Delivery at CEEZER
“Companies building carbon removal portfolios increasingly need certainty of supply, price and quality over several years, not just individual purchases.”
Stephan Fuechtenhans, Senior Vice President of Sourcing & Delivery at CEEZER
“Seeing Gevo’s operation, including on-site storage and supply chain, during our team’s recent site visit confirmed the kind of traceability our clients look for.”
Stephan Fuechtenhans, Senior Vice President of Sourcing & Delivery at CEEZER
“Long-term offtakes with suppliers that combine an operating project with a proven delivery record are becoming central to how companies meet their long-term climate goals.”
* Gevo will supply durable carbon dioxide removal (CDR) credits from Gevo North Dakota, one of the world’s first commercial Bioenergy with Carbon Capture and Storage (BECCS) ethanol plants, under a long-term agreement * CEEZER will procure and manage the removal portfolio on behalf of a global Fortune 500 enterprise software company ENGLEWOOD, Colo., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) today announced a three-year agreement with CEEZER, a leading carbon management platform for enterprise customers, for the sale of CDR credits generated at Gevo's North Dakota carbon capture and sequestration project. This first multi-year agreement for Gevo supports its path toward a carbon business exceeding $30 million in annual revenue from existing operations.
The agreement of a five-figure volume of tons of contracted CDRs through 2029 expands Gevo's growing portfolio of contracted carbon removal credit sales. Gevo believes this transaction further validates both the market demand for high-quality, durable carbon removals generated through BECCS as well as a broader move among corporate buyers from one-off purchases towards multi-year offtakes that secure supply, price and quality for high-durability removals.
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