LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, has announced a $20 million investment from Groupe ADP, a French leader airport design and operations. The investment enables LanzaJet to continue building capacity to deploy its sustainable aviation fuels (SAF) process technology globally.
“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 decarbonise.”
ADP’s investment in LanzaJet comes as the company recently opened LanzaJet Freedom Pines Fuels – the world’s first commercial-scale ethanol-to-SAF plant. Located in the United States, the historic plant will produce SAF and renewable diesel from low-carbon and sustainable ethanol and achieve International Sustainability and Carbon Certification (ISCC). LanzaJet Freedom Pines Fuels serves as a blueprint for utilizing first-of-its-kind innovation to scale SAF production and enables LanzaJet’s aspiration for one billion gallons of SAF production by 2030.
Augustin de Romanet, CEO of Groupe ADP said: “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.”
In addition to ADP, LanzaJet’s portfolio of investors and funders includes All Nippon Airways (ANA), Breakthrough Energy, British Airways, LanzaTech, Microsoft’s Climate Innovation Fund, Mitsui & Co., Shell, Southwest Airlines, and Suncor Energy.
ABOUT LANZAJET
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the clean energy transition. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented ethanol-based alcohol-to-jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by catalyzing the deployment of SAF and other clean energy solutions critical to addressing the climate crisis and transforming the global economy.
About Groupe ADP
Groupe ADP is one of the few airport operators to be present in all aspects of the airport value chain, from upstream studies in engineering, master planning and design, to the commissioning and operation of complex infrastructure (terminals, runways, baggage sorting, etc.). It operates and develops the three main Paris airports under the Paris Aéroport banner : Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget, as well as some ten civil aviation aerodromes in the Paris region.
Through its shops and restaurants, Groupe ADP aims to offer the best shopping and Parisian experience to its many passengers. As a property owner and developer in Ile-de-France, it implements a real estate policy in favour of Cargo and logistics activities, and also promotes the airport city with office buildings and hotels.
At the same time, all subsidiaries, activities and businesses combined, Groupe ADP is active in 120 airports in 50 countries around the world. It operates directly or indirectly under concession or management contract a network of 26 airports worldwide in 2023 and the alliance it forms with TAV Airports and with GMR Airports give rise to the world’s leading airport network.
