Year of Establishiment 2010
Privately Traded
Aeadquarters: Netherlands
SkyNRG is one of the global SAF leaders, actively sourcing, blending, and distributing SAF to airlines worldwide while forming partnerships to boost SAF supply and production globally.
Key Facts
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SAF Production Capacity:
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SAF Production Target-:290,000 tonnes annually (includes the upcoming three facilities – two facilities in the Netherlands and one in North America)
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Revenue:
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EBITDA:
Current and Planned SAF Investments
In 2023, Macquarie Asset Management invested up to €175 million in SkyNRG via the Macquarie GIG Energy Transition Solutions (MGETS) Fund.
In 2019, The Royal Schiphol Group invested €2 million in a SkyNRG project. The project is Europe’s first dedicated SAF facility in Delfzijl, producing sustainable jet fuel, propane, and naphtha.
Tie-Ups
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KLM Royal Dutch Airlines and SHV Energy
May 2019: SkyNRG, KLM Royal Dutch Airlines, and SHV Energy collaborated for the development of Europe’s first dedicated plant to produce SAF in Delfzijl, the Netherlands, with KLM under contract to purchase 75,000 tonnes of SAF annually.
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BoeingJul 2021: Boeing, SkyNRG, and SkyNRG Americas partnered to increase the global availability and use of SAF. The project aims to produce around 90,000 metric tons of SAF annually, requiring an investment of $600-800 million.
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ShellNov 2019: Shell partnered on the DSL-01 production plant in Delfzijl, Netherlands, providing technical and commercial expertise, and securing the option to purchase SAF produced at the facility.
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VistaJetSept 2020: VistaJet entered into a partnership with SkyNRG which extends access to SAF to all VistaJet customers globally.
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Alaska AirlinesApr 2021: MoU signed for a collaborative investment in SAF supply, production, and utilization.
Financiers / Investors
Other Information
SkyNRG received certification to provide fuel under the CORSIA, marking it as one of the first bio jet supplier to achieve this distinction. It also empowered SkyNRG to furnish airlines with SAF that qualify for carbon reduction targets under CORSIA.
Key legislation in the EU, U.S., and UK regarding SAF is set to drive increased demand and supply. By 2050, potential SAF capacity could reach 120 Mt (42 Bgal) in Europe and the U.S., offering over $600 billion in ESG investment opportunities.