In Colorado, Gevo, Inc. has acquired the ethanol production plant and carbon capture and sequestration assets of Red Trail Energy, LLC for an aggregate purchase price of $210 million, subject to customary adjustments, including a working capital adjustment. The acquired assets include the plant, pore space, and we are bringing on their experienced operational personnel. […]
In Colorado, Gevo announced that its planned acquisition of the ethanol production plant and carbon capture and sequestration assets of Red Trail Energy, LLC passed an important milestone as the equity holders of Red Trail Energy voted overwhelmingly to approve the transaction. This acquisition will accelerate Gevo’s mission to transform renewable carbon and photosynthetic energy […]
In Massachusetts, Indigo Ag and Red Trail Energy announced a collaboration to source low carbon intensity (CI) corn to support farmers using sustainable practices and benefit from emerging clean fuels market tax credit programs. Utilizing Indigo’s proven measurement, reporting and verification (MRV) and remote sensing capabilities, RTE will work with Indigo Ag to measure field level carbon […]
In North Dakota, Red Trail Energy (RTE), and Puro.earth announced issuance of RTE’s carbon dioxide (CO2) removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates (CORCs) in the voluntary carbon market (VCM). RTE worked with clean energy advisory firm EcoEngineers to successfully register its project under […]
In North Dakota, Red Trail Energy, LLC (RTE), and Puro.earth announced issuance of RTE’s carbon dioxide (CO2) removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates (CORCs) in the voluntary carbon market (VCM) and the largest durable carbon removal project registered to date. RTE will be […]
