Jim Morrone, Justin Stolte, Jonathan Castelan, Ajay Sundar, Billy Wu, Sam Bentley
January 24, 2026
Latham & Watkins Advises Alder Fuels in Clean Tech Investment from Avfuel Corporation
1 min
AI-made summary
- Avfuel Corporation has made a multimillion-dollar investment in Alder Fuels, a clean technology company developing scalable methods for producing sustainable aviation fuel (SAF) from biomass sources like regenerative grasses and agricultural residues
- Alder Fuels transforms these materials into low-carbon crude oil, which can be used in existing refineries to produce aviation fuel
- Latham & Watkins LLP represents Alder Fuels in this investment, with a corporate deal team led by several partners and associates.
Avfuel Corporation has announced a multimillion-dollar investment in Alder Fuels—a clean tech company pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale. Alder Fuels converts biomass, such as regenerative grasses and forest and agricultural residues, into sustainable, low-carbon crude oil that replaces fossil crude in existing refineries producing aviation fuel. Latham & Watkins LLP represents Alder Fuels in the investment with a corporate deal team led by partners Jim Morrone, Justin Stolte, and Jonathan Castelan, with assistance from associates Ajay Sundar, Billy Wu, and Sam Bentley.~~
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Jim Morrone, Justin Stolte, Jonathan Castelan, Ajay Sundar, Billy Wu, Sam Bentley
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