Oxford Catalysts Group PLC Funding, December 2012
Oxford Catalysts Group PLC Funding, December 2012
Oxford Catalysts Group PLC Funding, December 2012
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GreenSky London<br />
Aiming to be Europe’s first waste to aviation fuel project<br />
Enough fuel to supply BA’s needs for London City Airport<br />
– BA Chairman and CEO on record<br />
discussing the project<br />
Recent updates<br />
– BA offtake for jet fuel for 10 years (at<br />
market rates) – worth $500m at<br />
current prices<br />
– A Competitive Letter of Interest has<br />
been obtained from an export credit<br />
agency to provide financing,<br />
including associated term funding<br />
– Site identified and under option; consent work has begun<br />
– Pre-front end engineering and design work for the plant has started<br />
Target completion in 2015; requires ‘decision to proceed’ in 2013<br />
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