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Gevo, Inc. completed a refinancing transaction on February 6, 2026, aimed at simplifying its capital structure. The company redeemed all existing bonds related to its renewable natural gas subsidiary, totaling approximately $68 million, which allowed it to unlock over $35 million in previously restricted cash without increasing total outstanding debt.

The transaction includes a $175 million loan facility from Orion Infrastructure Capital that consolidates Gevo's North Dakota term debt and RNG subsidiary debt. Additionally, Gevo secured a revolving credit facility of up to $20 million with Huntington National Bank to support its low-carbon ethanol operations in North Dakota.