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0 0.000189909476482856 0.00256377793251876 0.00493764638855481 0.000189909476482856 0.000981198961828157 0.00216813318984618 0.00295942267519148
Stock impact report

Twelve Announces $645 Million in Funding Led by TPG to Transform CO2 into Jet Fuel and Electrochemicals at Scale [Yahoo! Finance]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Company Research Source: Yahoo! Finance
including construction on a first-of-a-kind sustainable jet fuel facility in Washington state BERKELEY, Calif. Sept. 19, 2024 /PRNewswire/ -- Twelve , the carbon transformation company that converts captured carbon dioxide into valuable chemicals, fuels, and other essential products typically made from fossil fuels, today announced $645 million in funding. This raise is a strategic mix of capital which includes $400 million in project equity led by TPG Rise Climate, $200 million in Series C financing, and an additional $45 million in credit facilities from leading funders in the renewable energy sector marking this as one of the largest financing rounds to date in the e-fuels space. The funding accelerates Twelve's goals of defossilizing manufacturing processes, focusing first on emissions generated by aviation. This includes the completion of AirPlant™ One, Twelve's inaugural sustainable aviation fuel (SAF) plant located in Moses Lake, Washington , which is expected to begin prod Show less Read more
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