Southwest Airlines Invests in Sustainable Aviation Fuel Pilot Project Supported by the Department of Energy
Vinson & Elkins advised Southwest Airlines Co. in connection with an investment into SAFFiRE Renewables, LLC (SAFFiRE), a company formed by D3MAX, LLC, as part of a Department of Energy (DOE)-backed project to develop and produce scalable, sustainable aviation fuel (SAF).
Funded with a DOE grant matched by Southwest’s investment, SAFFiRE is expected to utilize technology developed by the DOE’s National Renewable Energy Laboratory to convert corn stover, a widely available waste feedstock in the U.S., into renewable ethanol that then would be upgraded into SAF.
The V&E team was led by partners Robert Kimball and Danielle Patterson, senior associate JP Lopez and counsel Rajesh Patel, with assistance from associates John Larbalestier and Tessa Krieger-Carlisle. Also advising were associate Claire Wenholz; partner David Peck and senior associate Lauren Meyers; partner Devika Kornbacher and associate Alexa Chally; partner John Decker; and partner Margaret Peloso.
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