LanzaTech, a Nasdaq-listed next-generation carbon transformation company, has partnered with Tadweer, a leading waste management company in Abu Dhabi, to explore the possibility of developing a large-scale conversion plant for transforming solid municipal waste into sustainable alternative fuel (SAF).
Furthermore, this collaboration also builds on the US and UAE’s Partnership for Accelerating Clean Energy (PACE).
Analyst QuickTake: LanzaTech went public in February 2023 through a merger with the special purpose acquisition company (SPAC), AMCI Acquisition Corp II. The company, which is now listed on Nasdaq, received ~USD 240 million from this transaction and was valued at an estimated ~USD 1.8 billion.
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