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0 0 0 0 0.000523560209424054 0.000523560209424054 -0.00785340314136126 0.00104712041884826
Stock impact report

Willis Sustainable Fuels (UK) Limited Enters into Master Services Agreement with McDermott

Willis Lease Finance Corporation (WLFC) 
US:NASDAQ Investor Relations: willislease.com/investors.aspx
Company Research Source: GlobeNewswire
COCONUT CREEK, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, today announces its subsidiary, Willis Sustainable Fuels (UK) Limited (“WSFL”), has entered into a master services agreement (MSA) with McDermott for early engineering, procurement and construction (EPC) related services for its SAF initiative. The agreement commences with WSFL’s first planned SAF facility, supported by the UK Government’s Advanced Fuels Fund, with a capacity of producing 50,000 litres per day of SAF in Teesside, with the parties intending to enter into 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 aviati Show less Read more
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