Gevo Plans 75M Gallon Ethanol Expansion to 150M Total Capacity
Gevo is planning to add a second 75 million gallons per year low-carbon ethanol plant at its Richardton, North Dakota facility, potentially raising total output to 150 MGPY. The site would capture over 400,000 metric tons of CO₂ annually while expanding carbon-credit and low-carbon fuel sales.
1. Expansion Plans and Capacity
Gevo is developing plans to construct a second low-carbon ethanol facility at its Richardton, North Dakota plant with targeted capacity of 75 million gallons per year. Combined with the existing incremental upgrade from 67 MGPY to 75 MGPY, the site could produce up to 150 MGPY of ethanol.
2. Carbon Capture and Revenue Generation
The integrated system will capture more than 400,000 metric tons of CO₂ annually for permanent sequestration or industrial use. Monetization of captured carbon through voluntary markets and low-carbon fuel credits is expected to generate significant additional revenue.
3. Strategic Location and Financing Interest
Richardton offers proven carbon capture infrastructure, access to pore space, and a pro-agriculture environment with strong local farm productivity. Gevo has received interest from multiple potential financiers, underscoring confidence in the project’s accretive growth potential.
4. Long-Term Growth and SAF Positioning
This expansion strengthens Gevo’s leadership in low-carbon ethanol and underpins future large-scale synthetic aviation fuel opportunities. Alignment with the U.S. Renewable Fuel Standard and support for rural economies reinforce the company’s long-term value creation strategy.