International Airline Group (IAG) has entered into a significant offtake agreement with Twelve, a company backed by DCVC, for the supply of 785,000 metric tons of sustainable aviation fuel (SAF). This deal, which is the largest of its kind in Europe, involves the delivery of CO2-neutral aviation fuel to IAG's airlines, including British Airways, Iberia, Aer Lingus, Vueling, and LEVEL, starting in 2025. The fuel, produced through the electrolysis of water and CO2 powered by renewable energy sources such as hydro, solar, and wind, represents a major step towards reducing emissions in the aviation sector. The agreement is valued at more than a billion euros and covers several percent of IAG's total aviation fuel needs. This announcement comes alongside news that Twelve co-founder and CSO, Etosha Cave, has been recognized on the inaugural CNBC Changemakers list, highlighting the groundbreaking work of Twelve in the field of sustainable aviation fuels.
Major contract of @twelve_co2 to supply IAG (BA and co) with several % of their total aviation fuel needs, more than a billion euro of value, from hydro/solar/wind - the fuel is made via electrolysis of water and CO2 into an affordable jet fuel. https://t.co/Z5zxyMo93Y
HUGE congrats to @twelve_co2 co-founder + CSO Etosha Cave for making the inaugural @CNBC Changemakers list! Comes on the heels of Twelve’s massive announcement re its SAF deal with IAG (British Airways, Aer Lingus, etc.). Amazing work, Etosha and team!! https://t.co/0iVwbavLil
Proud to announce our newest partnership with International Airline Group (IAG). This groundbreaking deal is IAG's biggest #eSAF commitment in Europe, with Twelve supplying fuel to @British_Airways, @Iberia, @AerLingus, @vueling, and LEVEL. Read more: https://t.co/EfxCjppJtX https://t.co/pmSDgl0Qjq
2025 deliveries of actual CO2-neutral aviation fuel for some of the largest airlines in the world by @DCVC-backed @twelve_co2 Practical and economic for airlines, good for the planet, resilience without privation. Other companies deliver press releases. Ours deliver solutions. https://t.co/m5yQXAbbnx
We're thrilled by @twelve_co2's major E‑Jet offtake agreement w/ International Airline Group (IAG) for 785K metric tons of SAF for British Airways, Iberia, + Aer Lingus. This will lead the way to reduced emissions in aviation ✈️👏 More from @zackbogue 👇 https://t.co/wgq1zvzDwn