U.S. Energy Information Administration
July 7, 2015
BY Erin Krueger
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SAF producer XCF Global Inc. and DevvStream Corp., a caron management and environmental asset monetization firm, on Jan. 26 announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. in a three-party merger.
CVR Energy Inc. on Jan. 26 confirmed the reversion of the renewable diesel unit at its Wynnewood refinery back to hydrocarbon processing was completed in December. The facility is expected to retain the ability to produce renewables in the future.
The U.K. Department of Transport on Jan. 20 announced plans to offer up to £43 million ($59.53 million) to support green aviation projects, including those focused on clean fuels and zero-emission aircraft.
Drax Group plc on Jan. 26 announced the launch of its Biomass Tracker, a new digital tool that provides greater visibility into the journey our woody biomass takes through the company’s global supply chain.
LanzaTech Global Inc., a carbon recycling company, on Jan. 22 announced the closing of the sale and issuance of shares of its common stock to a group of leading investors, including new investor, SiteGround, for gross proceeds of $20 million.