US outfit seeks $3.7bn to power up Australia’s green aviation fuel sector

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US outfit seeks $3.7bn to power up Australia’s green aviation fuel sector
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Street Talk understands Comstock Fuels Corporation has launched a multi-billion equity raise to manufacture a trio of biofuel refineries across Australia’s east coast.

Global airlines are rushing to make sustainable aviation fuels their hot ticket to climate-friendly flying. Now, a decarbonisation technology player wants to get in on the action, ploughing billions into energising Australia’s nascent green aviation fuel industry.

Comstock Fuels Corporation, a subsidiary of $US3.1 billion New York-listed Comstock Inc, has kicked off a $US2.5 billion raise to manufacture three biofuel refineries across Australia’s east coast, Street Talk understands.has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

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