LanzaJet, a leading company in sustainable fuels technology and production, has announced a $20 million investment from Groupe ADP, a global leader in airport design and operations. This investment will support LanzaJet in enhancing its capability and capacity to deploy its sustainable aviation fuels (SAF) process technology worldwide.
“We continue to lay the foundation for building the SAF industry across the entire value chain, and with this significant contribution from Groupe ADP – a first-of-its-kind in the industry, we will expand LanzaJet’s technology deployment and global growth,” said Jimmy Samartzis, Chief Executive Officer of LanzaJet. “Together, we will work towards expanding Sustainable Aviation Fuel production and logistics into airports to support airlines and Groupe ADP customers worldwide as the industry works collaboratively to decarbonize.”
This investment from ADP follows the recent opening of LanzaJet Freedom Pines Fuels, the world’s first commercial-scale ethanol-to-SAF plant. Located in the United States, this pioneering facility will produce SAF and renewable diesel from low-carbon and sustainable ethanol and aims to achieve International Sustainability and Carbon Certification (ISCC). The Freedom Pines Fuels plant is a model for using groundbreaking innovation to scale SAF production, contributing to LanzaJet’s goal of producing one billion gallons of SAF by 2030.
“Low-carbon aviation will not take off without the transformation of airports into energy hubs with a range of low-carbon solutions. The airport revolution must happen now, and it is underway in Paris. As the world’s leading airport operator, we wanted to go further and act at source by supporting the production of sustainable aviation fuel, investing directly in LanzaJet, an innovative company able to deploy its technology responsibly around the world, and adapting to local waste to make these new fuels available everywhere” said Augustin de Romanet, CEO of Groupe ADP.
In addition to ADP, LanzaJet’s investors and funders include All Nippon Airways (ANA), Breakthrough Energy, British Airways, LanzaTech, Microsoft’s Climate Innovation Fund, Mitsui & Co., Shell, Southwest Airlines, and Suncor Energy.
