Neste’s Q1 revenue drops to €4.8bn

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Fayaz Hussain

25 Apr 24

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Finnish renewable fuels company Neste saw its revenue decline in the first quarter of 2024 owing to lower market prices. Revenue for the quarter reached…

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Microsoft’s Climate Innovation Fund invests in LanzaJet to scale SAF

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Fayaz Hussain

23 Apr 24

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LanzaJet, a frontrunner in sustainable fuel technology, has secured additional funding from Microsoft’s Climate Innovation Fund to bolster the company’s efforts to globally deploy its…

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Cepsa raises €750m financing for biofuel, hydrogen plans

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Fayaz Hussain

5 Apr 24

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Spanish multinational oil and gas company Cepsa has successfully raised €750m from bond issue to bolster production of 2G biofuels including sustainable aviation fuel, HVO…

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Solarig to set up SAF plant in Spain with €780m investment

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Fayaz Hussain

4 Apr 24

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Madrid-based renewable energy firm Solarig said it will set up a sustainable aviation fuel (SAF) plant with a production capacity of 60,000 tonnes per annum…

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Southwest acquires SAFFiRE Renewables

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Fayaz Hussain

2 Apr 24

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Southwest Airlines announced that it has acquired SAFFiRE Renewables as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures. This…

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Aemetis secures $200m under E-5 programme for SAF, renewable projects

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Fayaz Hussain

21 Mar 24

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Aemetis announced that it has secured $200m from US Citizenship and Immigration Services (USCIS) under EB-5 program investment for the Riverbank sustainable aviation fuel (SAF)…

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DHL Express, Standard Chartered to co-invest in SAF

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Fayaz Hussain

20 Mar 24

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DHL Express announced that they have signed a strategic partnership with Standard Chartered to co-invest in sustainable aviation fuel (SAF) helping the bank to balance…

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World Energy eyes $2bn DOE loan for Houston plant

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Fayaz Hussain

18 Mar 24

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World Energy announced it has been invited by the US Department of Energy (DOE) to submit the Part II Application for an approximately $2bn loan…

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Jet Zero Australia receives Aus$29m investment

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Oscar Henderson

15 Mar 24

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Jet Zero Australia has received an Aus$29m investment for renewable fuel production in Queensland, Australia. The investors include: Airbus, Qantas and Idemitsu Kosan, marking their…

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XCF Global Capital goes public in merger with Focus Impact BH3 Acquisition.

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Oscar Henderson

13 Mar 24

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XCF Global Capital has merged with Focus Impact BH3 Acquisition through a business combination agreement on March 11th 2024. The agreement is expected to result…

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Southwest invests $30m in LanzaJet to develop SAF facility

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Fayaz Hussain

28 Feb 24

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Southwest Airlines announced the launch of Southwest Airlines Renewable Ventures (SARV) with the initial investment of $30m in LanzaJet to work towards development of a…

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TerraNova engaged as placement agent for Sugar Valley Energy’s SAF project

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Fayaz Hussain

28 Feb 24

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Sugar Valley Energy (SVE) announced that it has partnered with New York-based TerraNova Capital Equities to lead marketing and placement of equity capital for the…

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Avioxx secures pre-series A investment for SAF plant

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Fayaz Hussain

27 Feb 24

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Sustainable aviation fuel (SAF) developer Avioxx announced that it has successfully completed pre-series A round led by travel company Trailfinders. The capital infusion will support…

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United adds eight new partners to $200m Sustainable Flight Fund

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Fayaz Hussain

14 Feb 24

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United today announced that it has added Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis Corporate & Investment Banking, Safran Corporate Ventures, and Technip Energies…

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Velocys delists from AIM

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Fayaz Hussain

12 Feb 24

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Velocys has completed voluntary delisting from the Alternative Investment Market (AIM) – sub market of the London Stock Exchange – following the acquisition from Madison…

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