Ethan Finger's questions to Gevo Inc (GEVO) leadership • Q4 2024
Question
Ethan Finger of OpCo asked for details on the obstacles and timeline for the DOE loan process and which investment banks are engaged for the planned $800 million equity raise.
Answer
CEO Patrick Gruber identified delays related to required environmental work, uncertainty around the Summit pipeline, and ongoing contract tweaks to maximize carbon value. He reiterated that the project will get done in 2025. Gruber confirmed Gevo is working with Guggenheim and Citigroup for the capital raise.