Green jet fuel developer Velocys has completed a major deal that could unlock a £100 million investment in its South Humber Bank plant.
The AIM-listed sustainable aviation specialist has sold its consented site at Stallingborough to energy infrastructure investor Foresight Group for £9.75 million.
It comes with a first refusal to invest big in the £350 million Altalto Immingham project, being developed in collaboration with British Airways.