Gevo Inc (NASDAQ:GEVO) CEO Patrick Gruber tells Proactive it has closed on a registered direct offering that raised more than $321 million to fund projects and for general corporate purposes. Gruber says the group now has no debt, and $530 million worth of cash on the balance sheet, allowing the group to de-risk its net-zero carbon emissions production plant.
Gevo 'in a terrific position' as it raises more than $321M to fund upcoming projects
