Jetex & Berlin Neuhardenberg Airport to Develop the World’s First Pure Green FBO in Berlin
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Monday, January 17, 2022
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FBO Berlin Neuhardenberg Special Purpose Vehicle (SPV) to be established in 50-50 joint venture shareholding partnership between Jetex and Berlin Neuhardenberg Airport.
Key Points:
- FBO Berlin Neuhardenberg Special Purpose Vehicle (SPV) to be established in 50-50 joint venture shareholding partnership between Jetex and Berlin Neuhardenberg Airport.
- Jetex investment subject to certain conditions precedent being met by Berlin Neuhardenberg Airport.
- Berlin Neuhardenberg Airport is also the site of one of Europes largest solar farms generating more than 175 megawatts of clean renewable energy, which will be used by Jetex to create the worlds first pure green FBO.
- Following the signing of the agreement, Jetex and Berlin Neuhardenberg Airport commence works on terminal design and infrastructure planning.