US DOE approves Gevo, Montana Renewables SAF project loans

Gevo, Inc. and Calumet’s Montana Renewables segment both received US Department of Energy loans to fund the construction and expansion of large sustainable aviation fuel production projects. “This conditional commitment supports the Biden-Harris Administration’s goal of increasing US production of SAF to 3 billion gallons per year by 2030 and 35 billion gallons per year by 2050,” DOE’s Loan Programs…Gevo, Inc. and Calumet’s Montana Renewables segment both received US Department of Energy loans to fund the construction and expansion of large sustainable aviation fuel production projects. “This conditional commitment supports the Biden-Harris Administration’s goal of increasing US production of SAF to 3 billion gallons per year by 2030 and 35 billion gallons per year by 2050,” DOE’s Loan Programs…Read More