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0 0 0.000523560209424054 0.000523560209424054 0.000471204188481693 0.000523560209424054 -0.00785340314136126 -0.00785340314136126
Stock impact report

Willis Sustainable Fuels Selects McDermott for Sustainable Aviation Fuel Facilities in the UK [Yahoo! Finance]

Willis Lease Finance Corporation (WLFC) 
US:NASDAQ Investor Relations: willislease.com/investors.aspx
Company Research Source: Yahoo! Finance
Under the scope of the agreement, McDermott will perform early engineering, procurement and construction (EPC) related services for the facilities. The initial phase of the agreement is the early engineering of a planned SAF facility in Teesside with capacity of producing 50,000 litres per day of SAF. The project is supported by the UK Government's Advanced Fuels Fund. The intent is for the parties to enter a sole-source negotiation of the EPC scope in 2025. WSFL intends to deploy technology which produces next-generation SAF, either Biogas-to-Liquid (BtL) or Power-to-Liquid (PtL), depending on the feedstock. "Our partnership with McDermott on one of the UK's most advanced sustainable aviation fuel projects represents a key milestone in our ongoing efforts to lead the way in aviation decarbonization. This collaboration underscores our commitment to working with industry leaders who share our vision for a cleaner, more sustainable future," said Amy Ruddock , Senior Vice President, Show less Read more
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