Pension manager APG invests in SkyNRG to scale SAF platform

In Illinois, ESG Today reported that SAF provider SkyNRG announced a new investment round, raising up to $340 million, with proceeds aimed at growing its platform with new SAF production facilities across Europe and the U.S. The report noted that the funding round included an investment from global pension asset manager APG on behalf of Dutch pension fund APB. Arjan Reinders, Head of Infrastructure Europe at APG, said: “SkyNRG is a frontrunner in the SAF market, demonstrating an entrepreneurial spirit and a strong commercial focus. SkyNRG represents the first investment in the SAF sector on behalf of our client, which is closely aligned with our ambition to create impact by investing at the forefront in energy transition assets that meet our investment criteria.” Maarten van Dijk, CEO and co-founder of SkyNRG, said: “APG joining SkyNRG is a major step forward for SkyNRG, both in terms of our growth plans and ambition to become a SAF producer. The investment from APG, along with MAM’s existing equity commitment, will not only support SkyNRG as a company but also demonstrates that the SAF market is ready for facilities dedicated solely to the production of SAF. By bringing together actors from across the industry including OEMs, technology providers, corporates, and airlines, we are helping pave the way for global SAF adoption”. The company said that the new capital will be used to advance its plans to develop and construct SAF production facilities in the Netherlands, Sweden and the U.S.

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