Chicago, IL – LanzaJet, a leading sustainable fuels technology company, announced today a significant investment from Microsoft’s Climate Innovation Fund. This investment will enable LanzaJet to expand its capability and capacity to deploy its sustainable fuels process technology on a global scale. Additionally, LanzaJet and Microsoft plan to explore leveraging Microsoft’s data and artificial intelligence (AI) capabilities to improve LanzaJet’s corporate functions and ethanol to SAF process technology.
This latest investment builds on a previous $50 million project finance investment from Microsoft’s Climate Innovation Fund in 2022, which supported the construction of LanzaJet Freedom Pines Fuels in Soperton, Georgia. This facility, the world’s first ethanol to SAF production plant, began operations in January 2024 and is expected to produce 10 million gallons of SAF and renewable diesel annually starting in the second quarter of 2024.
“Our continued alignment with Microsoft allows LanzaJet to build our team and capability at pace to support global deployment of our leading sustainable fuels process technology,” said Jimmy Samartzis, Chief Executive Officer of LanzaJet. “Through its support of LanzaJet’s first-of-a-kind ethanol to SAF biorefinery, LanzaJet Freedom Pines Fuels, Microsoft has played a significant role in making SAF production a reality in the United States, and this investment reemphasizes its urgent commitment to decarbonization of hard-to-abate sectors.”
Microsoft’s investment in LanzaJet not only supports the growth of sustainable fuels but also provides Microsoft with access to SAF and Renewable Diesel, as well as SAF Certificates (SAFc) from future LanzaJet projects. These products will aid Microsoft in its goal to become carbon negative by 2030.
“Through its support of LanzaJet’s first-of-a-kind ethanol to SAF biorefinery, Microsoft has played a significant role in making SAF production a reality in the United States,” said Jimmy Samartzis, CEO of LanzaJet.
“Microsoft is proud to support LanzaJet with our investment in the growth of its sustainable fuel technology business,” said Brandon Middaugh, senior director, Climate Innovation Fund, Microsoft. “Microsoft is investing in partners who share our commitment to advancing a net-zero economy and who are building the market for critical solutions like SAF and renewable diesel.”
LanzaJet’s expanding portfolio of investors includes prominent industry players such as All Nippon Airways (ANA), Breakthrough Energy, British Airways, LanzaTech, Mitsui & Co., Shell, Southwest Airlines, and Suncor Energy.
