Gevo's Record SAF Deal

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Biofuels developer Gevo has struck a new offtake deal for 100 million gallons/yr of sustainable aviation fuel (SAF) with American Airlines, marking the Colorado-based company’s largest single fuel sales deal to date. Gevo expects the five-year contract with American to generate about $2.75 billion of revenue over the contract term, with deliveries due to begin in 2026. The deal highlights the increasing demand for SAF, which airlines see as the quickest and most reliable way to decarbonize operations.

Topic:
Biofuels (incl. SAF)
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