LanzaJet, a spinout of Chicago clean energy company LanzaTech that makes sustainable aviation fuel, landed $50 million from Microsoft to support the construction of its new plant in Georgia.
LanzaJet said Thursday it received the $50 million investment through the Microsoft Climate Innovation Fund.
The funds will go toward its facility in Soperton, Georgia, which will become the world’s first plant that turns alcohol into jet fuel. LanzaJet says its goal is to bring lower-cost sustainable aviation…