8 November 2016

Air BP and BP Ventures announce investment of US$30m in biojet producer, Fulcrum

BP announced the creation of a strategic partnership between its BP Ventures and Air BP businesses with Fulcrum BioEnergy, a pioneer in the development and production of low-carbon jet fuel, in which BP will invest US$30m. As an equity investor, BP has secured a 10 year offtake agreement with Fulcrum for 50 million US gallons

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