Transforming Renewable Energy into Hydrocarbons
OVERVIEW OF GEVO, INC. (NASDAQ: GEVO)
WE CAPTURE RENEWABLE ENERGY AND TRANSFORM IT INTO ENERGY-DENSE LIQUIDS
Business Overview
•
Headquarters: Englewood, CO
•
Founded: 2005
•
What we are doing: Capture renewable energy and carbon, then
monetize it via fungible liquid transportation fuels
• $400M patent estate**
•
•
In the process of securing off-balance sheet financing for large scale
production
Products: Jet Fuel, Isooctane, Feed, Corn Oil, Isobutanol (IBA)
Market Traction
+$1.5 billion
take-or-pay offtake
(signed)(1)
+$600 million
take-or-pay offtake
(negotiating)(2)
Gasoline
Haltermann
Carless
Facilities Overview
.
Net-Zero 1 (Lake Preston, SD) - To Be Built, 45MMGPY
hydrocarbons and 365,000lbs/y of high protein feed. The
hydrocarbons are expected to have a net-zero GHG footprint
across the life-cycle
Jet fuel and gasoline plant (Silsbee, TX) (4) - 100,000/GPY of
capacity; operating since 2011, producing jet and isooctane for
gasoline. Commercial sized scale up facility (Luverne, MN)(5) —
Capacity to produce 1.5 MMGPY IBA; production proven in full
scale fermenter system
Corporate Headquarters (Englewood, CO) - Offices and Labs
Customers, Partners, and Agreements
Luverne, MN Facility
Silsbee, TX Facility
bp
CIRRUS
AIRCRAFT
praj
DASSAULT
AVIATION
US AIR FORCEU.S.ARMY
Cessna
australia
Gulfstream
Other Off-
Takes(3)
BCD
CALTEX
Lufthansa
Gulf
PIAGGIO
UNITED
TRAFIGURA
Global
Company A
City of Seattle
A DELTA
Jet Fuel
SAS
Global
Company B
TOTAL
KINDER MORGAN
TITAN
Arnun Fusi
AVFUEL
KOREAN AIR
air bp
TRAFIGURA
NETJET
BOMBARDIER
CATHAY PACIFIC
EMBRAER
الاتحاد
World Fuel
Services
ATLAS AIR
JACKSONOL
Emirates
ETIHAD
AIRWAYS
ASIG
JAL
ABO
ABU DHARL
VNAA
BRISBANE
AIRPORT
PHILLIPS
(66
FedEx
IBAC
NATA
VIVA
EnergyAustralia
Queensland Goverment
Note: The customers and partners on this slide represent current and past customers/partners who may have purchased, used, tested, participated in "Fly Green Day" projects and or distributed our products.
The estimate is based on certain assumptions in the contracts, including the value of certain environmental credits and the sales price of the fuel. This estimate represents the revenue over the entire term of the contracts.
Represents midpoint of possible outcomes ranging from $300mm to $900mm depending on negotiations.
(1)
(2)
(3)
Includes distributors and end customers.
(4)
Operated in partnership with South Hampton Resources, Inc.
(5)
Production for isobutanol operations are currently shut-down until further notice.
**Estimated Value of IP by Peak Value IP LLC, August 2020
gevo
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