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Fed Financial Aid For SD Jet Fuel Facility

(Pierre, SD) — A major jet fuel processing facility is coming to eastern South Dakota with help from the federal government. The U.S. Department of Energy announced yesterday a conditional loan guarantee of nearly one-and-a-half billion dollars for the Gevo Net-Zero One plant at Lake Preston. It’s a facility that could produce up to 60 million gallons of jet fuel from corn annually. The federal aid is part of the Biden-Harris administration’s commitment to clean energy.

You can learn more here: https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-gevo-net-zero-corn-starch-sustainable-aviation

And learn more from Gevo here: https://gevo.com/location/net-zero-1/

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