In the UK, Airbus, the Air France-KLM Group, Associated Energy Group, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital and Qantas Airways Limited announced they co-invested in a sustainable aviation fuel financing fund to accelerate the production of SAF. The partners worked with investment manager Burnham Sterling Asset Management to establish the Sustainable Aviation Fuel Financing Alliance (SAFFA) investment fund in which Airbus is the anchor investor. The commitment from the seven partners is amounting to an aggregate of approximately $200 million. The partners noted that investments will be diversified across various SAF’s production pathways and also by region. Each partner may then enter into priority contracts to secure SAF offtakes from the various projects SAFFA will invest in, for its allocated volumes.
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