Brief: Velocys 10-Year Offtake MOU For 73 Mln US Gallons Of Carbon Negative SAF By IAG

Velocys

10/11/2021 07:34

Nov 10 (Reuters) - International Consolidated Airlines Group
SA  ICAG.L :
    * VELOCYS PLC - SAF OFFTAKE WITH IAG
    * VELOCYS PLC - 10-YEAR OFFTAKE MOU FOR 73 MILLION US
GALLONS OF
CARBON NEGATIVE SAF BY IAG
    * VELOCYS PLC - ALONGSIDE OFFTAKE AGREEMENT WITH SOUTHWEST
AIRLINES, OFFTAKE IN PLACE FOR 100% OF BAYOU FUELS SAF
    * VELOCYS PLC - AGREEMENT IS EXPECTED TO GENERATE REVENUES
OF OVER
$800M TO PROJECT

Source text for Eikon:  ID:nRSJ9169Ra 
Further company coverage:  ICAG.L 

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