Weekly renewables M&A round-up (Aug 8-12)
Aug 12, 2022 17:43 CESTDecember 9 (Renewables Now) - British Airways will be procuring UK-made sustainable aviation fuel (SAF) from Phillips 66 Limited, a subsidiary of Houston, Texas-based oil refiner and logistics company Phillips 66 (NYSE:PSX).
Under a multi-year agreement, the UK flag carrier airline will secure the supply of SAF from Phillips 66’s Humber Refinery located near the town of Immingham in England. There, the SAF will be produced from sustainable waste feedstock, British Airways said.
The fuel will be delivered to the airline via existing pipeline infrastructure that feeds directly into UK airports.
According to the airline, the Phillips 66 Humber Refinery will be the first to produce SAF at scale in the UK.
The airline’s SAF powered flights are to commence in early 2022.
Weekly renewables M&A round-up (Aug 8-12)
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