Financial terms were not disclosed.
“To have one of the world’s largest oil and gas companies invest in Gevo is significant validation of the potential of our technology and products,” says Patrick Gruber, chief executive of Gevo, which is based in Englewood, Colorado.
"We are very pleased with this opportunity to contribute to next steps of Gevo's development, with its promising biofuels and chemicals intermediates platform produced from renewable resources," says Jean-Michel Gires, senior vice-president of sustainable development and environment at total.
Gevo
