United Airlines has made an investment in hydrogen-based sustainable aviation fuel (SAF) start-up Twelve as part of its $83m Series C funding round.
Made through its United Airlines Ventures Sustainable Flight Fund, the total investment is expected to support Twelve’s plans to develop its first commercial-scale SAF production facility in Washington, the US.
Once operational, the Moses Lake plant could produce up to 50,000 gallons of SAF per year. It will be produced by combing captured CO2 with hydrogen to create synthetic hydrocarbons, which are refined into jet fuel.
Additionally, Twelve has also secured a 14-year agreement to supply 260 million gallons of SAF to the International Airlines Group (IAG), which includes airlines such as British Airways and Iberia.
