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Latham & Watkins Advises Alder Fuels in Clean Tech Investment from Avfuel Corporation
June 22, 2022
A corporate deal team advises on equity investment to advance Alder’s production of sustainable aviation fuel at scale.
Avfuel Corporation has announced a multimillion-dollar investment in Alder Fuels—a clean tech company pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale. Alder Fuels converts biomass, such as regenerative grasses and forest and agricultural residues, into sustainable, low-carbon crude oil that replaces fossil crude in existing refineries producing aviation fuel.
Latham & Watkins LLP represents Alder Fuels in the investment with a corporate deal team led by partners Jim Morrone, Justin Stolte, and Jonathan Castelan, with assistance from associates Ajay Sundar, Billy Wu, and Sam Bentley.