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Renewables
LanzaTech raises $500 million for commercial-scale factories
by Matt Blois
October 8, 2022
| A version of this story appeared in
Volume 100, Issue 36
The renewable chemical company LanzaTech has secured a $500 million investment from a sustainability-focused subsidiary of the investment firm Brookfield Asset Management. LanzaTech will use the funds to build commercial-scale plants that turn captured carbon into fuel, ingredients for household cleaners and fragrances, and other commodities. LanzaTech is in the midst of a merger with a special purpose acquisition company. The deal values LanzaTech at $2.2 billion.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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