Blue Biofuels Inc (BIOF)

[brooklyn137]

I just checked the MOU Blue signed with World Energy Sustainable Products (WESP) in May. MOU's are not binding on anyone, so take what I say with a grain of salt. The MOU is for an off-take agreement under which WESP would buy Blue's aviation fuel, paying in advance. Since that time World has signed agreements to supply SAF Certificates with DHL and MSFT. I don't know the details but it looks like World is a read thing. So maybe the offtake would be part of paying for the building of the plant.

Find WESP's website here: https://www.worldenergy.net/

File info on SAF Certificates here: https://www.ibm.com/blog/saf-sustainable-aviation-fuel-certificates/