SAFFA Fund I invests up to $30M in SAF One

In the UAE, SAFFA Fund I, an investment fund managed by Burnham Sterling Asset Management LLC with an objective to accelerate the production of sustainable aviation fuel, and SAF One Energy Management Limited recently announced an investment of up to $30 million, $10 million of which has already been funded, by SAFFA in a SAF One project, breaking ground in 2026 and targeting SAF production by Q4 2028.

SAF One, which has been developing a pipeline of SAF projects over the last several years, has achieved critical milestones on a project in the Middle East and plans to commence construction there in 2026. Under the terms of the investment, SAFFA could scale its investment over time as the project progresses and SAF production is offered to the aviation industry.