A Chicago firm that’s bringing clean energy to the aviation industry by converting alcohol into jet fuel just received backing from oil giant Shell.
Shell announced Tuesday that it has invested in LanzaJet, a spinoff of Chicago-based LanzaTech that’s making sustainable aviation fuel and renewable diesel for the commercial aviation market. Terms of the deal weren’t disclosed, but Shell’s funding is part of a phased investment approach that will allow the company to make further investments in LanzaJet…
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