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Alcohol-to-Jet (ATJ)-30 Plant Loan Application Withdrawal

Sector: Oil and Gas • Location: Richardton, North Dakota, United States

Source: Investing.com Australia

Project
Planned

Gevo Inc. withdrew its loan guarantee application with the U.S. Department of Energy for its Alcohol-to-Jet (ATJ)-30 plant in North Dakota. The withdrawal followed discussions with the agency requiring the project to support enhanced oil recovery operations, which are not commercially viable at scale in the project area. Gevo is pursuing alternative financing options and aims to secure funding by

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The project “Alcohol-to-Jet (ATJ)-30 Plant Loan Application Withdrawal” is an infrastructure initiative in the Oil and Gas sector, located in Richardton, North Dakota, United States. Taiyo aggregates data on it from Investing.com Australia.

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Participants

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planned

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Description

Description

Gevo Inc. withdrew its loan guarantee application with the U.S. Department of Energy for its Alcohol-to-Jet (ATJ)-30 plant in North Dakota. The withdrawal followed discussions with the agency requiring the project to support enhanced oil recovery operations, which are not commercially viable at scale in the project area. Gevo is pursuing alternative financing options and aims to secure funding by the end of 2026. The withdrawal allows resubmission of the application at a later date.

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Source reliability

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Data quality score

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URL

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