Norsk e-Fuel lands $174M tax credit for Finnish e-fuels project

January 15, 2026 |

In Finland, Norsk e-Fuel AS has been awarded a positive funding decision under Business Finland’s Tax Credit for large clean transition investments scheme for its Finnish subsidiary, Norsk e-Fuel Rauma Oy. The decision grants the project up to EUR 150 million in tax credit support once the facility enters operation.

The Tax Credit Scheme by Business Finland is a large-scale public funding mechanism designed to support major clean transition investments through tax relief. For Norsk e-Fuel Rauma Oy, the tax credit will be deducted from the company’s income tax starting from the year the plant starts operation and may be applied over a period of up to 19 tax years. As the support is linked directly to taxable income, it will only be realized once the project is built and generating activity.

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Category: Fuels

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