Latest / Sioux Falls News Today | 2 Min News | The Daily News Now!
Gevo Moves Jet Fuel Plans to North Dakota | Sioux Falls News
Gevo’s big renewable jet fuel project just got relocated — from South Dakota to North Dakota — after years of stalled progress and fierce local opposition. The company’s earnings report confirms the pivot, calling North Dakota a better fit for growth. Originally slated to be a $1 billion, 245-acre facility producing 65 million gallons of clean aviation fuel annually, the South Dakota site faced legal hurdles over eminent domain and CO2 pipelines, leading to new state laws and no funding ever disbursed. Now, Gevo’s taking a financial hit — a $176 million non-cash charge — to write down costs…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.