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October 10, 2023

BY Luke Geiver

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Gevo announces agreement to purchase Red Trail Energy

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By Erin Voegele

September 12, 2024

BusinessCarbon CaptureSustainable Aviation Fuels

Gevo Inc. on Sept. 12 announced it has entered into a definitive agreement to acquire the ethanol production plant and CCS assets of Red Trail Energy LLC for $210 million. Gevo plans to add net-zero SAF production capacity to the site.

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Rex American Resources Inc. released fiscal second quarter financial results on Aug. 27, reporting improved margins. Rex also detailed progress with its CCS project and capacity expansion, which are both underway at One Earth Energy in Illinois.

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The Iowa Utilities Commission on Aug. 28 found that Summit Carbon Solutions LLC has substantially complied with the requirements of its June order regarding the company's application for a hazardous liquid pipeline permit.

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Although ethanol producers are looking ahead to carbon capture and storage as the predominant means of lowering their carbon intensity scores, measures such as energy storage, CHP and electrification can have a substantial impact on CI scores now.

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Green Impact Partners Inc. has finalized the carbon credit pathways under the Alberta Technology Innovation and Emissions Reduction program for its flagship project, the Future Energy Park, to be located in Calgary, Alberta.

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