The Riyadh-based company alfanar has invested $1.3 billion in a UK project that produces sustainable aviation fuel from waste.
The Lighthouse Green Fuel project generates more than 180 million liters of sustainable aviation fuel annually in the UK, the firm said in a statement.
This amount of sustainable aviation fuel is sufficient to power 15,000 flights per year, reducing harmful carbon emissions from conventional fuels by over 700,000 tons annually.
The project is part of alfanar’s ongoing Green Energy Development program in different parts of the world, including Spain, India, Egypt and Saudi Arabia.