Gevo Sells $70 Million of Tax Credits

09:35 AM EDT, 10/01/2026 (MT Newswires) -- Gevo (GEVO) said Thursday it has sold substantially all of the Section 45Z tax credits generated by its ethanol and renewable natural gas facilities in 2026 for about $70 million. The company said it has received more than $30 million in cash from the sales through Sept. 30 and expects to collect the remainder over the next six months. Gevo sold $50 million of credits to a publicly traded nonfinancial company on Sept. 30, following a $20 million sale to Quill Financial, the parent of Quill Bank. Shares of Gevo were up about 1% in early trading Thursday.