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Stock impact report

Willis Sustainable Fuels (UK) Limited, Awarded £4.721M Grant in UK's Advanced Fuels Fund (AFF) Competition [Yahoo! Finance]

Willis Lease Finance Corporation (WLFC) 
US:NASDAQ Investor Relations: willislease.com/investors.aspx
Company Research Source: Yahoo! Finance
View from Southeast COCONUT CREEK, Fla., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), a leading lessor of commercial aircraft engines and global provider of aviation services, today announces that its subsidiary, Willis Sustainable Fuels (UK) Limited, was awarded a £4.721M grant from the UK Department for Transport's Advanced Fuels Fund (AFF) competition in support of its planned Carbonshift PtL SAF refinery project at Teesworks in Tees Valley, England. Funds from the AFF grant will be utilized to support detailed design engineering activities for the plant, which is being developed to have an annual production capacity of fourteen kilotons (approximately five million gallons) per year of PtL SAF when it is expected to enter operations in 2026. The Department for Transport (DfT) competition supports the UK advanced fuels sector through grant funding to first-of-a-kind commercial and demonstration-scale projects in the UK at all dev Show less Read more
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