The CIB’s C$8.4 million funding helps support Azure’s critical path of producing SAF by 2027, which could contribute materially to helping Canada on the path towards meeting its climate goal of net zero emissions by 2050.
The CIB investment provides support for Azure to leverage Canadian skillsets and maximize options by developing three potential Canadian sites in parallel. The company has been working closely with provincial, municipal, and Indigenous governments to adhere to all environmental regulations.
