Gevo sells Agri-Energy to A.E. Innovation for $7M
In Colorado, Gevo, Inc. has entered into a definitive agreement to sell Agri-Energy, LLC to A.E. Innovation, LLC for $7 million. The transaction includes Agri’s 18-million-gallon-per-year ethanol-production facility located in Luverne, Minnesota. Gevo will retain ownership of certain isobutanol-production-related assets and a portion of the vacant land at the site for future use. With these […]
