Gevo Secures $1.46 Billion Loan Guarantee from US DOE for Net-Zero 1 SAF Project

Gevo, a leading sustainable aviation fuel (SAF) producer in the United States, has secured a conditional loan guarantee of $1.46 billion from the US Department of Energy (DOE) Loan Programs Office. This funding commitment is aimed at supporting Gevo’s Net-Zero 1 SAF project in South Dakota, a key initiative in the company’s efforts to produce sustainable fuels and reduce carbon emissions in the aviation sector.