Gevo Development, LLC was formed in September, 2009 as a subsidiary of Gevo, Inc. to develop biobutanol production assets using Gevo’s proprietary technology. Gevo Development has a flexible business model and aims to secure access to existing ethanol capacity either through direct acquisition, joint ventures, toll manufacturing or facility leasing relationships. Once assets are accessed, Gevo Development will finance, structure, develop - and in most cases - operate the biobutanol assets.

About the Management
David Black and Michael Slaney are the co-managing directors of Gevo Development. They have significant project development experience and a history of success in the biofuels industry. In 2005, they founded the biofuels company ASAlliances Biofuels, LLC (ASAB) for the purpose of developing and operating ethanol plants. The company was initially capitalized with $432 million. The financing was and remains the largest project financing ever completed in the ethanol industry and was awarded the Project Finance Institute 2006 Environmental Deal of the Year. ASAB was sold to VeraSun eighteen months later for $725 million.

Prior to co-founding ASAB, David had a distinguished career at Deloitte & Touche leaving as a partner and co-head of its national corporate finance management consulting practice.

Before Mike co-founded ASAB, he was a partner in the M&A and corporate finance sections of Akin Gump Strauss Hauer & Feld LLP, an analyst in the corporate finance department of Kidder Peabody & Co. and an audit and tax accountant at KPMG.