Sustainability and Environment
LanzaJet Receives $50 Million To Complete New SAF Plant
Sustainable fuel technology company LanzaJet has received a $50 milllion investment from the Microsoft Climate Innovation Fund.
Following a $50 million capital infusion by Microsoft, LanzaJet expects its Freedom Pines sustainable fuel production facility will be online and producing 10 million gallons of sustainable aviation fuel and renewable diesel, by next year. (Photo: LanzaJet)
Following a $50 million capital infusion by Microsoft, LanzaJet expects its Freedom Pines sustainable fuel production facility will be online and producing 10 million gallons of sustainable aviation fuel and renewable diesel, by next year. (Photo: LanzaJet)

Sustainable fuel technology company LanzaJet has received a $50 milllion investment from the Microsoft Climate Innovation Fund, which according to LanzaJet will allow it to complete its Freedom Pines alcohol-to-jet production facility in Georgia. LanzaJet’s alcohol-to-jet technology has been in development for more than a decade through a partnership initially between LanzaTech and the U.S. Department of Energy’s Pacific Northwest National Lab. Microsoft made the investment as part of its dual aspirations of being carbon neutral by 2030 and advancing a net-zero economy.