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Gevo Stock Could Hit $16, Says Analyst
Gevo has been busy on the deals front recently and on Tuesday the company announced its biggest one so far.The renewable fuel start-up has signed a fuel supply agreement with Kolmar. It is an eight-year deal to supply the Switzerland-based company with 45 million gallons per year of renewable transportation fuel including sustainable aviation fuel, and isooctane. In total, Gevo should be able to rake in annual revenue of $350 million, with transportation fuels generating $300 million while byp
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