Gevo signs heads of agreement with Lufthansa for commercial supply of renewable jet fuel
Expected to be supplied over 5 years from Gevo’s first commercial hydrocarbons plant
The heads of agreement establishes a selling price that is expected to allow for an appropriate level of return on the capital required to build-out Gevo’s first commercial scale hydrocarbons facility. The heads of agreement is non-binding and is subject to completion of a binding off-take agreement and other definitive documentation between Gevo and Lufthansa, expected to be completed in the next few months.
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