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ACIA Aero Leasing LOI with Universal Hydrogen for up to 30 regional aircraft conversions to hydrogen power

Green Car Congress

earlier post ) has signed a letter of intent (LOI) with ACIA Aero Leasing (ACIA), a regional aircraft lessor with offices in Ireland, France, Canada, Mauritius, and South Africa. The conversion consists of a fuel cell electric powertrain that replaces the existing turboprop engines. Universal Hydrogen Co.

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Valero And Mission NewEnergy Execute 5-year, US$3.5B Biodiesel Supply Agreement

Green Car Congress

The second tranche will be issued to allow Valero to maintain their tranche-one equity stake of 25% based on the conversion of any of the other currently outstanding Mission convertible securities. Mission NewEnergy has operations in Australia, Malaysia, India and Mauritius. The first tranche of 81.41 75 million gallons p.a.)

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