Gevo To Build RNG Project in Northwest Iowa
Gevo, Inc. (NASDAQ: GEVO), announced that it has closed a $68 Million Green Bond private activity bonds offering to finance the construction of its renewable natural gas project in Northwest Iowa. The RNG Project will generate RNG captured from dairy cow manure.
“We are also pleased that our dairy partners will reap benefits from the RNG Project given that the manure digesters should improve the farms’ sustainability and lay the groundwork for more efficient recycling of nutrients and better soil health,” said Patrick R. Gruber, Chief Executive Officer of Gevo.