Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
David Laister

Huge land deal paves the way for £100m green jet fuel investment into BA-backed Altalto plant

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.