LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft’s financing will enable LanzaJet to bring lower-cost sustainable aviation fuel and renewable diesel to the global market.
LanzaTech and LanzaJet last Monday welcomed Secretary of Energy Jennifer M. Granholm and Senator Jon Ossoff to the Freedom Pines Biorefinery in Soperton, Georgia. The site is a center of research, development, and scale-up for LanzaTech’s commercial carbon capture and utilization technology with a specialized biomanufacturing center producing the “secret sauce” that is shipped from the United States to commercial partners around the world.
European oil giant Shell joined as an investor in LanzaJet to advance the Illinois-based company’s global growth, accelerate commercialization of its technology, and scale the production of Sustainable Aviation Fuel (SAF). Shell joined founding investors in LanzaJet, including LanzaTech, Suncor Energy Inc., Mitsui & Co., Ltd., and more recently, British Airways, as well as participation from All Nippon Airways. In addition to its initial investment in LanzaJet and similar to the phased investment approach used with all of the LanzaJet investors, Shell will have the opportunity to make further investments in the construction of larger-scale production facilities over the coming years.
British Airways is to power future flights with sustainable aviation fuel produced from sustainably sourced ethanol, as part of a new partnership with sustainable jet fuel company LanzaJet. The partnership, which reflects the importance the airline is placing on sustainability and its continued investment in sustainable aviation fuel, will see British Airways invest in LanzaJet’s first commercial scale Freedom Pines Fuels facility in Georgia, USA and acquire cleaner burning sustainable aviation fuel from the plant. It expects the fuel to be available to power a number of its flights by the end of 2022. In addition, the partnership will involve LanzaJet implementing early stage planning and design for a potential commercial facility for British Airways in the UK.
LanzaTech, a leading biotech company and carbon recycler headquartered in Illinois (USA), has successfully launched LanzaJet, Inc., a new company that will produce sustainable aviation fuel (SAF) for a sector requiring climate friendly fuel options as it starts to recover from the impacts of COVID-19. With its approach to commercialization of SAF, LanzaJet is creating regional jobs while enabling global decarbonization of the aviation sector.