SAF
Source publication date
Jet Zero completes funding round and gains final development approval for Project Ulysses
Jet Zero Australia announced a funding round, POSCO INTERNATIONAL as a new strategic investor, and final development approval for its proposed Townsville SAF and renewable diesel refinery. Proceeds mainly support FEED and progress toward a final investment decision and construction. The announcement does not say that FID has been reached or that the refinery is operating.
Why it matters:Distinguishes financing and development approvals from an investment decision, construction or fuel production.