Suncor Energy Inc.

Suncor in its US$15 million investment in LanzaTech

Client

Suncor Energy Inc.

Value

US$15 million

Service

Environmental, Social and Governance (ESG)

Date Closed

June 2020

Industry

Renewable Energy

Lead Office

Calgary

 

On June 20, 2020, Suncor completed a US$15 million investment in LanzaTech, the global leader in gas fermentation technology. The funds will be used to build a demonstration plant that will produce 10 million gallons per year of sustainable aviation fuel and renewable diesel.

Suncor Energy Inc., headquartered in Calgary, is Canada’s leading integrated energy company.

Osler, Hoskin & Harcourt LLP advised Suncor Energy Inc. with a team consisting of Frank Turner, Marc Kushner, Jillian Mulroy (Corporate), Janice Buckingham (Energy), Simon Hodgett and Erin Rubin (Technology).