Australian Financial Review | Forestry deal boosts green fuel start-up’s $1.8b project
HAMR Energy & One Forty One Partnership Annoucement Featured in the Australian Financial Review
An ambitious proposal to produce green fuel at a $1.8 billion facility in Victoria is gaining momentum after the federal government’s pledge to invest into the fledgling sector and the project’s developer struck a key deal to source forestry residue.
HAMR Energy, a sustainable fuels start-up chaired by former ExxonMobil executive Richard Owen, plans to develop a facility in Portland on Victoria’s west coast to manufacture clean fuel for aviation and shipping.