Thomas Meric's questions to LanzaTech Global (LNZA) leadership • Q2 2024
Question
Inquired about the role of the second-generation bioreactor in the Jakson Green project, potential reasons for project delays in the second half of the year, and requested an update on the Brookfield partnership and the first project transfer.
Answer
The second-generation bioreactor improves efficiency and profitability but was not the sole factor for the project's viability. Potential delays in H2 are related to the timing of final investment decisions (FIDs) for a half-dozen key projects heavily weighted to Q4, which could shift revenue into the next year. The Brookfield partnership is progressing well, with a specific project in late-stage engineering, and the focus is on establishing a smooth transfer process with this first project before scaling up with the rest of the pipeline.