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… Read more
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… Read more
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… Read more
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… Read more
Mitsui invest in Galp to bring SAF production to Portugal news Oscar Henderson 26 Sep 23 0 Mitsui has invested in Galp for Renewable Diesel (Hydrotreated Vegetable Oil, HVO) and Sustainable Aviation Fuel (SAF) production at their Sines refinery. The total investment… Read more
GEVO’s Farm-to-Flight programme takes off with $30m USDA grant news Oscar Henderson 14 Sep 23 0 US biofuel company, GEVO, have finalised and executed a Notice of Grant and Agreement award with the US Department of Agriculture (USDA) for a Partnerships… Read more
VARO Energy investing $600m to build SAF refinery in Rotterdam news Oscar Henderson 13 Sep 23 0 VARO Energy is building a large-scale Sustainable Aviation Fuel (SAF) production facility at the Guvnor Energy site in Rotterdam. The firm will invest $600m in… Read more
Vertimass to expand into Europe with acquisition of Ekobenz. news Oscar Henderson 12 Sep 23 0 US-based renewable fuels technology company Vertimass will expand into Europe through an agreement to purchase all outstanding shares of Poland- based renewable fuel production company,… Read more
DG Fuels – the first $30m is the hardest opinion Alasdair Whyte 12 Aug 23 0 Christopher Chaput ended up in Sustainable Aviation Fuels (SAF) almost by accident. A veteran banker, he started advising his friend Michael Darcy, the CEO and founder… Read more
RockCreek invests in Raven SR news Alasdair Whyte 1 Aug 23 0 RockCreek, a $15bn investment firm, has invested in Raven SR. Raven SR is currently raising a Series C funding round. Raven SR received approval to… Read more
New investors double United Ventures Sustainable Flight Fund news Alasdair Whyte 1 Aug 23 0 United Airlines Ventures Sustainable Flight Fund has announced eight new corporate investors. It formally launched the fund in February 2023 with Air Canada, Boeing, GE… Read more
IAG invests in Nova Pangaea Technologies to fund NOVAONE SAF refinery news Oscar Henderson 24 Jul 23 0 International Airlines Group (IAG), parent company of Aer Lingus, British Airways, Iberia and Vueling, has announced an investment in Nova Pangaea Technologies (NPT). The investment… Read more
How SAF prizes can speed up innovation opinion Alasdair Whyte 12 Jun 23 0 In May 1919, Raymond Orteig, a French American hotelier in New York, wrote a letter to the Aero Club of America offering $25,000 to the… Read more
OXCCU raises $22m in funding for SAF production news CJI Team 8 Jun 23 0 Renewable energy company OXCCU has completed a $22.7m Series A financing round for its Sustainable Aviation Fuel (SAF) production method. The round was led by… Read more
Arcadia eFuels appoints BNP Paribas as financial advisor news CJI Team 23 May 23 0 Arcadia eFuels has appointed BNP Paribas as its financial advisor for its greenfield Sustainable Aviation Fuel (SAF) and other renewable fuels project in Vordingborg, Denmark.… Read more