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Gevo ends 2Q with $567.2M in cash and marketable securities to advance work on Net-Zero 1 Project

Gevo ends 2Q with $567.2M in cash and marketable securities to advance work on Net-Zero 1 Project

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Gevo Inc posted second-quarter results that demonstrated it is in a strong financial position with over $567.2 million in cash and marketable securities to press ahead with the next phase of engineering work at its Net-Zero 1 green energy project.  For the period ended June 30, 2021, the Englewood, Colorado-based company had cash, equivalents, restricted cash and marketable securities totaling $567.2 million, compared to $525.3 million at the end of the first quarter of 2021.

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