e-SAF startup Metafuels raises $8m

news

Fayaz Hussain

13 Dec 23

0

Zurich-based aviation tech startup Metafuels announced that it has successfully raised its first institutional funding round of $8m, led by Energy Impact Partners (EIP) and…

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Madison Bidco acquires Velocys for £4.1m

news

Fayaz Hussain

5 Dec 23

0

Velocys announced that Madison Bidco will acquire the company for £0.25 per share at a total valuation of £4.1m. The transaction is expected to be…

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Infinium receives $75m investment; enters eSAF offtake agreement

news

Fayaz Hussain

29 Nov 23

0

Infinium announced that it has received $75m project equity investment from Breakthrough Energy Catalyst and entered into a firm offtake agreement with American Airlines for…

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Spain’s Cepsa to expand SAF supply to five airports

news

Fayaz Hussain

29 Nov 23

0

Spanish energy company Cepsa announced that it has begun marketing sustainable aviation fuel (SAF) at Malaga airport expanding its supply of green fuel after it…

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Preem invests $527m to convert Lysekil oil refinery into renewables site

news

Fayaz Hussain

27 Nov 23

0

Sweden’s largest fuel refiner Preem said it plans to invest additional SEK5.5bn (US$527.6m) to phase out fossil production from its Lysekil oil refinery in favour…

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Velocys and Yield10 need financing fast

opinion

Fayaz Hussain

24 Nov 23

0

Everyone agrees that demand for Sustainable Aviation Fuel (SAF) is strong. But two companies involved in the SAF production chain have said they will run…

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Heathrow announces £71m SAF incentive for airlines

news

Fayaz Hussain

24 Nov 23

0

Heathrow Airport announced that it is planning to extend its carbon cutting scheme for third year through a £71m scheme to help halve the price…

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Neste issues €600m green bond

news

Fayaz Hussain

15 Nov 23

0

Neste Corporation, a Finnish company that produces renewable fuels and biomaterials, has issued a €600m green bond with a 7.5-year maturity and a fixed coupon…

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Gevo reports 15-fold increase in revenue to $4.5m

news

Fayaz Hussain

13 Nov 23

0

Gevo, a renewable chemicals and advanced biofuels company, reported revenue of $4.5m in the third quarter of 2023, up 15-fold from the same period last…

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Air France-KLM invests $4.7m in DG Fuels SAF facility; expands offtake agreement

news

Fayaz Hussain

10 Nov 23

0

Air France-KLM Group announced $4.7m investment in DG Fuels’ Sustainable Aviation Fuel (SAF) production facility in Louisiana, US and acquired a new option to purchase…

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Velocys convertible loan notes extension falls short

news

Fayaz Hussain

31 Oct 23

0

Velocys said that it has failed to meet the deadline to complete the funding deal announced earlier this year. “The company announced on September 21st…

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Neste reports €5.97bn revenue in Q3

news

Fayaz Hussain

26 Oct 23

0

Neste Group posted revenue of €5.9bn in the third quarter (3Q), down 9% year-on-year due to lower market and sales prices despite higher volumes. Segment-wise…

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KGAL invests in Arcadia eFuels’ facility in Denmark

news

Fayaz Hussain

12 Oct 23

0

KGAL ESPF 6, a new Article 9 impact fund, has invested in Arcadia eFuels’ hydrogen-based production facility in Vordingborg, Denmark. The plant is expected to…

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Elyse Energy enters financing deal with Hy24, Mirova to produce SAF, e-fuels

news

Fayaz Hussain

2 Oct 23

0

Elyse Energy has entered in a financing deal with Hy24 and Mirova to produce one million tonnes of e-methanol and 200,000 tonnes of Sustainable Aviation…

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Studying sogo shosha

opinion

Alasdair Whyte

28 Sep 23

0

Nike’s Worldwide Headquarters in Portland Oregon is not just a place to work. It also tells the history of the company. There are buildings named…

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