---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-008435"
form_type: "8-K"
ticker: "GEVO"
cik: "0001392380"
company_name: "Gevo, Inc."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T03:56:30.279650+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gevo closes $210M acquisition of Red Trail Energy assets, expects $30-60M annual adjusted EBITDA

## Summary
- Acquired ethanol plant, CCS assets, and pore space in Richardton, ND for $210M, subject to adjustments.
- Funded with cash and a $105M senior secured term loan from OIC (Orion Infrastructure Capital) maturing Jan 31, 2030.
- OIC also invested $5M equity in Net-Zero North and expressed interest in up to $100M additional for future growth.
- Acquisition expected to contribute $30M to $60M of Adjusted EBITDA annually; assets renamed 'Net-Zero North'.
- Plant's carbon intensity score projected in low 20s using GREET model, about 30 points lower than non-CCS plants.

## SEC filing metadata
- accession: 0001104659-25-008435
- form_type: 8-K
- ticker: GEVO
- cik: 0001392380
- company_name: Gevo, Inc.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392380/000110465925008435/0001104659-25-008435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392380/000110465925008435/tm254998d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-008435
- JSON: https://secwatch.observer/filing/0001104659-25-008435.json
- Plain text: https://secwatch.observer/filing/0001104659-25-008435.txt

## Key facts
- M&A Transactions
  Gevo, Inc. completed an acquisition involving Red Trail Energy, LLC for $210 million (closed 2025-01-31).
  - Action: acquisition
  - Counterparty: Red Trail Energy, LLC
  - Consideration: $210 million
  - Closing: 2025-01-31
  source text: or Disposition of Assets. The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference. The aggregate purchase price was $210 million, subject to customary adjustments, including a working capital adjustment (the “ Purchase Price ”). The Purchase Price was funded by a mixture of Company cash on hand and $105
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000110465925008435/0001104659-25-008435-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.