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Twelve will produce sustainable aviation fuel made from CO2 and renewable energy, with a commercial-scale production facility in Moses Lake, WA.
The company’s technology utilizes a CO2 electrochemical reactor called OPUS that turns carbon dioxide into hydrocarbons, which are feedstocks for a variety of products.
The commercial plant will run on hydropower and use CO2 captured from a nearby ethanol plant. The captured CO2 and water will be fed through OPUS and turned into synthetic gas, which is a basis of SAF. The gas can be blended with traditional jet fuel. Twelve will sell the carbon credits from the emissions it reduces to businesses looking to offset their business travel carbon footprint.
In August 2024, Twelve closed a $20m green loan to advance the development and deployment of its e-SAF. The sole lender and Green Loan Coordinator was Sumitomo Mitsui Banking Corporation (SMBC) who crafted the green features of the transaction.