CleanJoule SAF Investment and Purchase Agreement
This project is announced in United States. The source does not give a quantified reduction for this project.
- Status
- Announced
- Estimated reduction
- Not quantified in the source
- Countries
- United States
- Sector
- Fuels and hydrogen
- Announced
- July 2023
- Expected start
- Not stated
About this project
The description is as the source gives it.
Wizz Air participated in a USD 50 million investment round in CleanJoule, a US-based SAF technology company, alongside other airlines, and signed binding agreements to purchase up to 90 million gallons of SAF to secure long-term supply for its operations. Evidence: "Wizz Air’s second equity investment is in CleanJoule, a US-based startup dedicated to the production of SAF. The company secured a US$50 million investment round with Indigo Partners LLC... As part of their commitment, Frontier Airlines, Wizz Air and Volaris have signed binding agreements to purchase up to 90 million gallons of SAF." — https://www.wizzair.com/cms/api/docs/default-source/downloadable-documents/sustainability/environment-policies/annual-sustainability-report-f24.pdf
Statuses, countries and reductions are as the public source states them, and may be out of date.
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