Sustainable fuels company Velocys raises £25m in oversubscribed funding round

Cecilia Keating
clock • 3 min read
An artist's impression of the planned Immingham plant | Credit: Velocys
Image:

An artist's impression of the planned Immingham plant | Credit: Velocys

CEO says firms waste-to-jet fuel technology is now ready for commercial scale deployment

Green jet fuels company Velocys has raised £25m from institutional investors in a "significantly oversubscribed" founding round, the company announced yesterday. The London-listed firm, which is aiming...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Aviation

Burberry aims to be nature positive by 2040 (credit: Burberry)

Burberry embraces sustainable credit with £300m loan

New facility aims to help embed firm's ESG goals into its wider operations

clock 17 January 2022 • 2 min read
iStock

'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

The global economy could face many more years of energy market turbulence if governments do not take steps to turbocharge their clean energy and technology investments, the IEA has warned

Cecilia Keating
clock 17 January 2022 • 7 min read
The inclusion of gas and nuclear in the taxonomy has been widely criticised | Credit: iStock

'No remaining carbon budget': Investors urge EU to ban fossil gas from green finance rulebook

Investors with €50tr assets under management group call on EU to revisit plan to sanction spending on some gas power plants under its new green finance rulebook

Cecilia Keating
clock 17 January 2022 • 3 min read