Year of Establishiment 2010
Publicly Traded
Aeadquarters: USA
DG Fuels manufactures renewable hydrogen and biogenic-derived synthetic low-emissions aviation and diesel fuel. Through its synergistic process, it overcame the carbon utilization barrier, achieving an efficiency of up to 97% in carbon utilization
Key Facts
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SAF Production Capacity:
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SAF Production Target-:120 million gallons by 2026
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Revenue:
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EBITDA:
Current and Planned SAF Investments
In 2023, a 3,000-acre site in St. James Parish was considered for a low-emission biofuel plant with an investment of $3.1 billion to produce SAF up to 120 million gallons annually.
During 2023, Air France-KLM contributed to the completion of the developmental work needed for DG Fuels’ initial SAF plant in Louisiana. It provided a financial injection of US$4.7 million into the SAF producer.
In 2023, DG Fuels received investment from two Japanese companies, Aviner & Co., Inc. and Chishima Real Estate Co., Ltd.
Tie-Ups
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AirbusSeptember 2023: Airbus collaborated to promote the production of SAF in the USA. The alliance would aid in the expansion of a promising technology for producing SAFs from cellulosic waste and residues.
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Energy VaultMay 2022: Energy Vault entered into an energy storage agreement with DG Fuels to supply 1.6 gigawatt-hours (GWh) of energy storage capacity to support SAF projects anticipated to generate revenue of up to $520 million across the three projects for Energy Vault
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November 2022: DG Fuels executed an agreement for a $4 billion-plus sale to an undisclosed industrial client for 230 million gallons of SAF.
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DeltaAugust 2022: Delta partnered to broaden the sustainable fuel market, to deliver itself 385 million gallons of pure SAF, while simultaneously increasing SAF availability in underserved regions.
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Black & VeatchJune 2023: Black & Veatch entered into a binding agreement and undertook a front-end loading (FEL-3) engineering report for DG Fuels’ inaugural project in Louisiana.