Gevo North Dakota Awarded “A” Rating from BeZero Carbon, Affirming its High-Quality Carbon Removal Credits

Core Viewpoint - Gevo's North Dakota facility has received an "A" rating from BeZero Carbon Ltd., which is expected to enhance the value of its carbon dioxide removal credits [1][3]. Group 1: Company Overview - Gevo is a leader in the voluntary carbon markets, focusing on producing carbon dioxide removal certificates (CORCs) under the Puro.earth standard [2]. - The North Dakota facility is the largest producer of technology-based carbon dioxide removal credits and is unique in issuing credits for thousand-year permanence [2]. - Gevo's business model includes developing and operating production facilities that create jobs and support local economies [4]. Group 2: Carbon Credits and Market Position - CORCs are gaining traction in the voluntary carbon markets and are anticipated to provide significant co-product revenue for Gevo [3]. - The facility has a Class VI carbon-storage well with a capacity of 1 million tons per year, positioning Gevo as a consistent source of CORCs at scale [3]. - The BeZero Carbon "A" rating simplifies the due diligence process for buyers, enhancing Gevo's competitive position relative to other carbon projects [3]. Group 3: Sustainability Initiatives - Gevo is piloting a sustainable biomass sourcing and management program to gather detailed data on agricultural practices through its Verity platform [4]. - The company is committed to maintaining high environmental integrity, which is expected to increase the value of its carbon credits and benefit farmers [4].