Transforming Renewable Energy into Hydrocarbons slide image

Transforming Renewable Energy into Hydrocarbons

GETTING TO LARGE, PROFITABLE SCALE Capital Light Financing Model-Off Balance Sheet Style Financing • Gevo is Leading the Project Development for the first group of plants Net-Zero 1: ~45MGPY of capacity is in development and front-end engineering design Net-Zero 2: Another ~45MGPY plant to meet demand We need off-take contracts finalized • Net-Zero 3....etc Development and Financing Model Gevo Equity Partner(s) Debt Special Purpose Entity (SPE) Net-Zero 1 Production Plant CitiGroup is working with Gevo to secure the debt and equity (estimated to be $700-800M) for the projects which include hydrocarbon production and associated renewable energy Additional Net-Zero Opportunities developing ex-US - India: We are working on a licensing program with Praj EU: Several licensing opportunities being developed Gevo is likely to be a co-equity investor in the SPES Gevo, Inc. Role: • • Establish Off-take Contracts Quality and Sustainability Compliance for Licensees Technology Optimization Develop Projects to Fulfill Demand License Technology Making Money Technology Royalty Marketing Fees Project Development Fees ⚫ O&M and Asset Mgmt. Fees Equity ownership Sustainability Tracking Fees gevo 23 23
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