Renewable fuels company Gevo has signed a sales agreement with Biorecro North America LLC to commercialize the carbon removal credits from its North Dakota facility.
Under the agreement, facilitated via Gevo’s subsidiary Net-Zero Richardton LLC, Biorecro is investing in carbon credits generated through Gevo’s ethanol production and carbon capture and sequestration (CCS) site in Richardton, ND.
As part of the deal, the Gevo facility will generate Puro.earth-certified carbon removal credits over a five-year period, with the option of expanding the agreement in the future.
Since 2022, the Gevo North Dakota facility has been certifying up to 165,000 metric tons of stored carbon dioxide annually, operating as one of the first BECCS and industrial-scale carbon removal projects globally.
Equipped with an operational Class VI carbon capture and storage (CSS) well and suitable geological formations, this site is stated to have the ability to store up to an estimated 1 million metric tons of CO2 per year.
For Gevo, this deal with Biorecro comes after the company successfully locked in its first carbon dioxide removal sale with an undisclosed global financial and technology firm in July 2025, positioning itself as a trusted carbon removal company on the voluntary market.
According to Gevo’s chief business officer Paul D. Bloom, the sales agreement with Biorecro demonstrates the demand for high-quality carbon dioxide removal credits.
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He stated, “While biofuel markets can be volatile, the demand for our cost-effective carbon abatement solutions is starting to provide new, stable revenue streams to deliver value to our customers and shareholders.”
On behalf of Biorecro, founder and CEO Henrik Karlsson shared that the company is proud to be a part of Gevo’s bold and forward-thinking commitment to BECCS.
He commented, “As a global BECCS project developer, our team at Biorecro is excited to share our expertise with Gevo and leverage their capacity to grow this critical carbon removal sector in this project and beyond.”
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