Investment: Lanzajet $50m grant
October 19, 2022
Breakthrough Energy’s first Catalyst project funding was $50m for LanzaJet’s Freedom Pines Fuels sustainable aviation fuel (SAF).
“Breakthrough Energy Catalyst is a new way for the private sector to accelerate the clean energy transition by funding projects that will ensure essential climate solutions get to market on the timeline the world needs,” said Rodi Guidero, Executive Director, Breakthrough Energy & Managing Partner, Breakthrough Energy Ventures. “LanzaJet’s new sustainable aviation fuel plant could play a vital role in decarbonizing aviation while demonstrating how the jobs and businesses of the clean energy economy can power communities. We’re grateful to Catalyst’s partners, who understand climate leadership means supporting the technologies that will eliminate emissions and that solving our climate challenges will require nothing less than mobilizing the world’s economic engine to build a net-zero future.”