Neste issues €1bn in green bonds news Alasdair Whyte 13 Mar 23 0 Neste has issued two €500m green bonds using its Euro Medium Term Note Programme. The Sustainable Aviation Fuel (SAF) producer issued one six year bond… Read more
Neste launches €2.5bn Medium Term Note programme news Alasdair Whyte 6 Mar 23 0 Neste is launching a €2.5bn Medium Term Note programme. Citigroup is arranger. The Sustainable Aviation Fuel and fossil oil refiner says that the cash from… Read more
Defense Innovation Unit and US Air Force awards up to $65m SAF contract to Air Company news Alasdair Whyte 1 Mar 23 0 Air Company has received a contract worth up to $65m from the US Air Force and Department of Defense to produce Sustainable Aviation Fuel (SAF)… Read more
Stellar J invests in Raven SR news Alasdair Whyte 28 Feb 23 0 Stellar J Corporation, a contracting and engineering, procurement and construction firm, has invested in Raven SR which plans to convert municipal waste into Sustainable Aviation… Read more
United Airlines Ventures Sustainable Flight Fund ahead on points opinion Alasdair Whyte 27 Feb 23 0 As well as adding bags, a hotel or a hire car, passengers booking a flight on United Airlines can now support the United Airlines Ventures… Read more
Alder Fuels says founder Sherbacow engaged in “questionable financial transactions” news Alasdair Whyte 27 Feb 23 0 Alder Fuels has issued a statement regarding the departure of founder and CEO Bryan Sherbacow in late December. It says: “As a result of enhanced… Read more
United Airlines Ventures launches $100m SAF fund news Alasdair Whyte 22 Feb 23 0 United Airlines Ventures, the venture capital fund launched by United Airlines, has launched a $100m fund to invest in Sustainable Aviation Fuel (SAF) start-ups. JPMorgan… Read more
US Department of Energy awards $108m to 13 SAF projects news Alasdair Whyte 30 Jan 23 0 The US Department of Energy (DOE) has awarded $108m million in funding to 13 Sustainable Aviation Fuel (SAF) projects. They are a mixture of pre-pilot, pilot, and demonstration projects… Read more
Gevo choosing equity for its South Dakota Net-Zero 1 site news Alasdair Whyte 22 Jan 23 0 Gevo says that it is having several discussions with possible equity investors for its Lake Preston, South Dakota Net-Zero 1 Sustainable Aviation Fuel (SAF) site.… Read more
Swedavia invites airlines to apply for SAF incentive programme news Alasdair Whyte 20 Jan 23 0 Swedavia is inviting airlines to apply for its 2023 Sustainable Aviation Fuel (SAF) Incentive Programme. It operates 10 airports in Sweden and wants 5% of… Read more
EIB agrees landmark €120m loan for Repsol SAF plant news Alasdair Whyte 18 Jan 23 0 The European Investment Bank (EIB) has lent €120m to Spanish energy company Repsol for a new refinery which will produce Sustainable Aviation Fuel (SAF). Repsol will… Read more
SAF key part of Air France-KLM’s €1bn sustainability-linked bonds news Alasdair Whyte 16 Jan 23 0 Air-France-KLM has successfully issued two €500m sustainability-linked bonds. The interest rate on the bonds is linked to the airline cutting its well-to-wake scope 1 and… Read more
UK Advanced Fuels Fund grants £82m to five SAF projects news Alasdair Whyte 23 Dec 22 0 The UK Advanced Fuels Fund has agreed £82m ($99m) in grants for five UK Sustainable Aviation Fuel (SAF) projects. The projects are: Alfanar Energy Lighthouse… Read more
FY 2023 Omnibus Appropriations Bill includes $68m for cutting aircraft emissions news Alasdair Whyte 23 Dec 22 0 The FAA is set to get $68m from the 2023 Omnibus Appropriations towards reduced carbon emissions. In total the agency will receive $19bn. Some $255m… Read more
Velocys, British Airways get £27m UK Advanced Fuels Fund grant news Alasdair Whyte 12 Dec 22 0 Velocys, British Airways get £27m grant from the UK’s Advanced Fuels Fund for their Altalto Immingham project. Altalto plans to turn municipal waste into Sustainable Aviation… Read more