Tag: dairy

ENGLEWOOD, Colo., July 10, 2025 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Barclays Capital Inc. has purchased $40 million of newly issued non-recourse tax-exempt private activity bonds (the “2025 Bonds”) issued by the Iowa Finance Authority for the benefit of Gevo’s wholly owned subsidiary, Gevo NW Iowa RNG, LLC (“Gevo RNG”). The bond proceeds were used to refinance $40 million of the previously issued Iowa Finance Authority Solid Waste Facility Revenue Bonds (Gevo NW Iowa RNG, LLC Renewable Natural Gas Project), Series 2021 (Green Bonds) (the “Previous Bonds”), which were issued in the aggregate principal amount of $68.2 million and secured by an irrevocable direct pay letter of credit. This partial refinancing of the Previous Bonds enabled Gevo to release $40 million of restricted cash that was securing the letter of credit and increase its balance sheet liquidity by approximately $30 million after paying transaction costs and funding reserves associated with the 2025 Bonds.

VILVI Group, which consists of Vilkyškių pieninė AB, Modest AB, Kelmės pieninė AB, Kelmės pienas UAB, Pieno logistika AB and Baltic Dairy Board SIA, consolidated sales for June 2025 amounted EUR 24.40 million – 13.3% increase comparing to June 2024. The consolidated sales of the Group for period January – June 2025 amounted to 142.85 million EUR 22.1% increase comparing to the same period last year.

VILVI Group, kurią sudaro AB „Vilkyškių pieninė“, AB „Modest“, AB „Kelmės pieninė“, UAB „Kelmės pienas“, AB „Pieno logistika“ ir SIA „Baltic Dairy Board“, 2025 m. birželio mėnesį konsoliduotos pardavimų pajamos buvo 24.40 mln. Eur arba 13.3% didesnės negu 2024 m. birželio mėnesį. Konsoliduoti Grupės pardavimai 2025 m. sausio - birželio mėn. buvo 142.85 mln. EUR arba 22.1% didesni negu per tą patį laikotarpį 2024 m.