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United, Twelve In $83 million SAF Deal
United has announced an investment in Twelve, an innovative low carbon fuels company that uses a process similar to photosynthesis to transform CO2 and water into sustainable aviation fuel (SAF) using renewable energy. This investment by the United Airlines Ventures Sustainable Flight Fund follows Twelve’s $83 million Series C funding round and project financing for its first SAF production facility, AirPlant One, located in Moses Lake, Washington. The facility is expected to begin production this…
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