Rose Cay Partners With ZeroAvia to Fund Hydrogen-Electric Powered Zero-Emission Aircraft
November 10, 2021 | 3 min read November 10, 2021 | 3 min read- Rose Cay plans to acquire existing aircraft, convert them using ZeroAvia’s hydrogen-electric powertrain system, and lease them to operators.
- Rose Cay intends to support the Energy Transition through the deployment of hydrogen infrastructure at airports worldwide.
- The deal includes a conditional purchase order for up to 250 engines with deliveries beginning as early as 2024.
DELAWARE and KEMBLE, United Kingdom and HOLLISTER, Calif. — ZeroAvia, a leader in zero-emission passenger aircraft, today announced an Aircraft and Infrastructure financing collaboration with Rose Cay GP, LLP (“Rose Cay”), a US-based real asset special situations investment platform.