Bain Capital Sees Long Term Growth for Aviation Fuel
Bain Capital expects sustainable aviation fuel demand to grow as blending mandates spread globally and China introduces requirements. The outlook supports EcoCeres as it prepares a Hong Kong public offering.
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Bain Capital partner James Tam expects blending mandates across Asia and Europe to drive long-term growth for sustainable aviation fuel producer EcoCeres. The private equity firm invested more than $700 million in the producer in 2022. The sector expansion comes as EcoCeres prepares a Hong Kong initial public offering expected to raise about $1 billion.
