Gevo withdraws DOE loan guarantee application for ATJ-60 project in South Dakota

Gevo, Inc.

Withdrawal effective April 15, 2026; conditional commitment had been extended through April 2026.
Reasons: EOR business objectives not yet commercially viable at scale in project area.
Alternative financing and broader product offerings better align with company strategy and accelerate timeline.
Gevo will continue ATJ-30 project in Richardton, North Dakota, consistent with strategy and timeline.
Withdrawal preserves ability to resubmit DOE loan guarantee application for a future project if desired.

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