Skokie-based renewable energy startup LanzaTech launched a new subsidiary focused on producing sustainable aviation fuel with the help of a $50 million cash infusion.
The spinout, called LanzaJet, is constructing a plant in Soperton, Georgia, that will produce 10 million gallons per year of sustainable aviation fuel and renewable diesel for the commercial market.
The $50 million in funding is made up of $15 million Canadian energy company Suncor Energy, $10 million from Japanese investment firm…
