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Shell, Accenture and Amex GBT launch blockchain-powered digital book-and-claim solution for scaling SAF

Green Car Congress

Shell, Accenture, and American Express Global Business Travel (Amex GBT) are launching Avelia , one of the world’s first blockchain-powered digital sustainable aviation fuel (SAF) book-and-claim solutions for business travel. An industry-accepted carbon accounting mechanism, like book-and-claim, is key for such programs to credibly grow.

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Victor and Neste partner on SAF for private jet charters

Green Car Congress

Under a new partnership, members of Fly Victor, the on-demand private jet company, can purchase Neste MY Sustainable Aviation Fuel (SAF) for every private jet booking globally. Victor’s private and corporate members can credibly and measurably reduce their greenhouse gas emissions (CO?e), e), with a clear chain-of-custody.

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FREYR Battery announces public offering of 13,500,000 ordinary shares

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FREYR expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional Ordinary Shares as part of this offering. FREYR intends to use the net proceeds from this offering for (i) the continued construction of Giga Arctic facilities, (ii) development expenditures for Giga America and (iii) general corporate purposes.

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Tesla announces $500M common stock offering; growth of business, Model 3 and Gigafactory

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Elon Musk, Tesla’s CEO, intends to purchase $20 million of common stock in this offering at the public offering price. In addition, Tesla intends to grant the underwriters a 30-day option to purchase up to $75 million of additional shares of common stock. Goldman, Sachs & Co.

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chark in-car delivery service expands to Berlin

Green Car Congress

After a successful pilot project in Stuttgart, chark—an in-car delivery service and a corporate start-up project of Lab1886, Daimler AG’s global innovation incubator—is expanding to Berlin. The Corporate-Start-up is working on chark together with Last-Mile Logistics Liefery.

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Tesla to raise about $1.15 with offerings of common stock and convertible senior notes

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In addition, Tesla has granted the underwriters a 30-day option to purchase up to an additional 15% of each offering. Elon Musk, Tesla’s CEO, will participate by purchasing $25 million of common stock. The aggregate gross proceeds of the offerings, including the options granted to the underwriters, is expected to be approximately $1.15

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JetBlue and Shell Aviation collaborate to bring 10M gallons of SAF to LAX over next 2 years; option for 5M more in third year

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The airline has an option to purchase up to 5,000,000 gallons more in the third year, either at LAX or other airports in JetBlue’s network. JetBlue and Shell will also be working to offer corporate customers additional ways to simultaneously reduce emissions associated with their flying while helping ensure transparency and accountability.