Gevo, McDermott Partner for Sustainable Aviation Fuel Facilities
Gevo has partnered with a subsidiary of McDermott International to develop sustainable aviation fuel facilities in North America. The first facility, Net-Zero 1, will be located near Lake Preston, South Dakota, and is expected to produce up to 65 million gallons of sustainable aviation fuel (SAF), diesel, and renewable gasoline with a net-zero greenhouse gas footprint.
McDermott will provide front-end engineering and early planning services, along with execution planning and pricing for the engineering, procurement, and construction phase of the Net-Zero 1 project. The partnership is a step towards finalizing the EPC agreement in coordination with Gevo’s financing activities.