Last week, Canadian waste-to-fuels company Enerkem raised $60 million in its latest round of funding. Existing investor Waste Management (WM), as well as new investor Valero, participated in the round. The funding will likely help scale up Enerkem's next few commercial facilities, including a 10 MGY...
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News Commentary | February 12, 2021
While British Airways has not formally pulled out of Velocys' MSW‑to‑SAF project in the U.K., the airline is seeking another potential source for sustainable aviation fuel (SAF) through an investment and off‑take agreement with LanzaTech's planned U.S. commercial facility. This is another promising ... Not part of subscription
News Commentary | March 03, 2021
This announcement follows India Oil Corporation's (IOC) statement in 2019 that it would invest $28 billion in various technologies through 2025, noting that the bulk of the spending would likely be allocated toward its core refinery business. With the significant decrease in gasoline and diesel ... Not part of subscription
News Commentary | May 13, 2021
Backed by Harry Sloan and Jeff Sagansky, this merger with Soaring Eagle Acquisition will give Ginkgo a pre‑money equity valuation of $15 billion, with an additional $2.5 billion for the combined entity – one of the biggest SPAC deals in recent times. This news comes on the heels of Zymergen's IPO ... To read more, click here.