Elyse Energy has entered a financing transaction with Hy24 and Mirova to support the development of low carbon sustainable aviation fuel (SAF) projects in France and Spain.
Hy24 manages one of the ‘world’s largest’ clean hydrogen infrastructure funds, whilst Mirova is an affiliate of Natixis Investment Managers dedicated to sustainable finance, and they will both invest to accelerate development of Elyse Energy projects.
The company’s portfolio of projects in development will deploy nearly 2.5GW of installed capacity that could produce more than one million tonnes of e-methanol and 200,000 tonnes of SAFs annually, with industrial commissioning expected for 2027 and 2028.
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