Investment Fuels Global Expansion of SAF Technology
LanzaJet, a leading sustainable aviation fuel (SAF) technology and production company, announced today a $20 million investment from Groupe ADP, the French airport operator. This funding will support the global deployment of LanzaJet’s SAF process.
Launched in 2020 by carbon recycling technology company LanzaTech, Illinois-based LanzaJet has developed “Alcohol-to-Jet” technology. This innovative process converts waste-based and sustainable ethanol sources, such as low-carbon sugarcane, energy crops, forest residuals, agricultural wastes, and organic waste, into SAF and renewable diesel.
This investment follows the recent startup of LanzaJet’s first commercial-scale ethanol-to-SAF plant, Freedom Pines Fuels, in Soperton, Georgia. This facility has an annual production capacity of 10 million gallons of SAF and renewable diesel. According to LanzaJet, Freedom Pines will serve as a model to scale SAF production, with a goal of reaching 1 billion gallons by 2030.
This latest investment is part of a series of strategic funding rounds for LanzaJet, which include contributions from Microsoft and Southwest Airlines. Other investors in the company include All Nippon Airways, Breakthrough Energy, British Airways, LanzaTech, Mitsui & Co., Shell, and Suncor Energy.
LanzaJet CEO Jimmy Samartzis remarked on the partnership:
“We continue to lay the foundation for building the SAF industry across the entire value chain. 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. Together, we aim to expand SAF production and logistics into airports to support airlines and Groupe ADP customers worldwide as the industry works collaboratively to decarbonize.”
France-based Groupe ADP develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly, and Paris-Le Bourget. The company’s network includes 26 airports managed directly or indirectly around the world.
According to Groupe ADP, this investment aligns with its strategy to play a major role in SAF production and ensure supply security for air transport. The investment also includes an option to convert directly into SAF for the company.
Groupe ADP CEO Augustin de Romanet stated:
“Low-carbon aviation will not take off without transforming 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 the source by supporting the production of sustainable aviation fuel. Investing directly in LanzaJet, an innovative company capable of responsibly deploying its technology worldwide, allows us to adapt to local waste and make these new fuels available everywhere.”
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