Gevo to sell 6M gallons of SAF to Iberia from 2028

In Colorado, Gevo, Inc announced a new fuel sales agreement with Iberia Airlines, which is part of International Airlines Group (IAG). The agreement provides Iberia Airlines 6 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevo’s future commercial operations. Iberia Airlines expects to commence fueling its aircraft with SAF from Gevo in 2028. The expected value for the Agreement is deemed to be $165 million over the five-year period, inclusive of the value from environmental benefits for Gevo.

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