Gevo Announces First Multi-Year Carbon Removal Credits Supply Agreement Through CEEZER
Gevo announced its first multi-year carbon removal credit supply agreement, a three-year deal with carbon management platform CEEZER for CDR credits from its Gevo North Dakota BECCS ethanol plant, contracted through 2029. CEEZER will procure and manage the removal portfolio on behalf of a global Fortune 500 enterprise software company, with the contract covering a five-figure volume of tons.
Key figures
- Contracted tons
- five-figure volume of tons
- Contract end year
- 2029
- Agreement term years
- 3
- Carbon business revenue target
- $30 million in annual revenue
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