Gevo Inc (NASDAQ:GEVO) Patrick Gruber tells Proactive it has signed a “take-or-pay” agreement with Delta Air Lines (NYSE:DAL) Inc to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years. Based on current assumptions, including those around future pricing of commodities and the future values of certain environmental benefits, Gevo said it estimates that the agreement should generate about $2.8 billion of revenue, inclusive of the value from environmental benefits.
Gevo CEO says sustainable aviation fuel supply agreement with Delta is world's largest contract
