As part of the Biden-Harris administration’s Investing in America agenda, the Department of Energy (DOE) Loan Programs Office (LPO) announced today a conditional commitment for a $1.46 billion loan guarantee to Gevo Net-Zero 1, LLC (Gevo NZ-1), excluding capitalized interest during construction, to help finance a large-scale corn starch-to-jet fuel facility in Lake Preston, South Dakota.

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