Oxford College spin-out OXCCU has named former BP Ventures managing director Nacho Gimenez as its chief working officer.
Gimenez has intensive expertise as a frontrunner within the vitality sector protecting business technique, funding and expertise innovation.
In 2017, he joined BP Ventures and was later promoted to managing director, main investments that accelerated the decarbonisation of the vitality sector. Most just lately, he served as head of cleantech for a Ukrainian agency DTEK.
OXCCU is creating novel catalysts and reactor designs to transform waste carbon into liquid hydrocarbons to be used as fuels and chemical substances, similar to sustainable aviation gasoline (SAF).
Gimenez joins OXCCU as the corporate builds its second demonstration plant, OX2, at London Oxford Airport and accelerates its progress following a £18m Collection A spherical in 2023 and a number of authorities grants this yr.
With additional fundraising underway, he’ll lead OXCCU’s operations to make sure the group delivers its milestones and will get its one-step course of for changing CO2 into lengthy chain hydrocarbons to business scale.
“I’m excited to be becoming a member of OXCCU at this key stage in its journey,” says Gimenez. “The effectivity of its expertise has the potential to make low-carbon fuels extra aggressive, and I sit up for working with the group to assist deliver it to market.”
Final month on the UKTN Podcast, OXCCU’s founder Dr Jane Jin mentioned the complexity of creating SAF, the historical past of the way it has been deployed up to now and simply how impactful viable could possibly be for the setting and aviation trade.
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