Gevo’s $40 Million Bond Deal Enables Expansion of RNG Operations
Renewable energy firm Gevo, Inc. has announced a major financial milestone with the sale of $40 million in new non-recourse tax-exempt private activity bonds.
The bonds, issued by the Iowa Finance Authority on behalf of Gevo’s wholly owned subsidiary, Gevo NW Iowa RNG, LLC (Gevo RNG), were purchased by Barclays Capital Inc.