AM Green Technology and Solutions Acquires Chempolis 2G Biorefining Technology
September 23, 2024
AM Green Technology and Solutions B.V. (AM Green Group) has signed binding agreements to acquire Chempolis Oy and Fortum 3 B.V. to bring next-generation 2G biorefining technology into a global platform. AM Green plans to invest about $1 billion over the next three years to develop 0.5+ MTPA of Alcohol-to-Jet (ATJ) Sustainable Aviation Fuel (SAF) capacity by 2027.
- Buyers
- AM Green Technology and Solutions B.V.
- Targets
- Chempolis Oy, Fortum 3 B.V.
- Industry
- Energy
- Location
- Finland
- Transaction Type
- Buyout
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