Lt. Gov. Larry Rhoden, second from left, participates in a ceremonial groundbreaking for Gevo's Net-Zero 1 project near Lake Preston on Sept. 15, 2022. (Courtesy Lt. Gov. Larry Rhoden/Twitter)

State board backs bonds for Lake Preston biofuel project

BY: - May 10, 2023

A massive aviation biofuel project in Lake Preston got a $187 million boost from the Governor’s Office of Economic Development (GOED) on Wednesday.  GOED’s Finance Authority Board of Directors signed off on bonding of up to $187 million for Gevo Net-Zero 1 without any debate or discussion during its monthly meeting in Pierre.  The bonds […]