In Norway, Norsk e-Fuel has announced a partnership with funds managed by Prime Capital AG, who becomes a key investor into the Norwegian project developer. This investment will significantly contribute to the advancement of Norsk e-Fuel’s project pipeline to deliver sustainable aviation fuels to its customer airlines, the firm said. The independent asset manager and energy infrastructure investor Prime Capital, through its managed funds, joins the shareholder group at Norsk e-Fuel. “This partnership represents a significant milestone not only for our company but also for the advancement of the e-Fuel industry,” said Karl Hauptmeier, CEO of Norsk e-Fuel. “The investment enables us to accelerate the development of our projects, while profiting from Prime Capital’s impressive track-record and experience in renewable investing, financing and project realization. We are honored to have the confidence in our company and our capabilities as a project developer from a leading partner like Prime Capital.” Norsk e-Fuel’s primary goal is the industrialization of e-Fuel production to provide sustainable aviation fuels to their customers. By 2032, three facilities are projected to supply at least 200,000 tons of e-Fuel to the European aviation sector.
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