Groupe ADP makes direct investment in LanzaJet

May 21, 2024 |

In France, Groupe ADP said it has made a $20 million investment in SAF producer LanzaJet through its subdiary ADP International. This strategic investment complements the efforts already taken by Groupe ADP to support the industry and accelerate the decarbonization of air transport, the firm said. 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. 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”. “Together, we will work towards expanding SAF production and logistics into airports to support airlines and Groupe ADP customers worldwide as the industry works collaboratively to decarbonize,” said Jimmy Samartzis, Chief Executive Officer of LanzaJet.

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Category: SAF

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