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CEO Patrick Gruber on Synergies from the Red Trail Acquisition and How the Assets Complement Gevo’s Strategy
Manage episode 441612719 series 3486351
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Patrick Gruber, Chief Executive Officer and Director at Gevo, Inc, joins Shawn Severson, Water Tower Research CEO, Co-founder and Head of Sustainability Research, and Peter Gastreich, analyst on WTR’s Natural Resources and Energy Transition sector teams. Gevo produces renewable fuels and develops related technologies that help customers meet carbon abatement goals as cost effectively as possible. Mr. Gruber discusses: 1) Gevo’s entry into low carbon ethanol and CCS with the $210 million Red Trail Acquisition in North Dakota; 2) multiple synergies of Red Trail with Gevo’s existing business lines; 3) Gevo’s move toward profitability and an improved financial condition; 4) how Gevo can value from CCS and durable 45Q tax credits; and other topics.
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