Vitry-le-François, France – In a significant strategic shift, Haffner Energy has announced the launch of SAF Zero, a dedicated spin-off targeting the burgeoning Sustainable Aviation Fuel (SAF) market. With the SAF industry expected to attract over $1 trillion in investments by 2050, Haffner Energy’s decision to create a separate entity focused exclusively on SAF positions it as a major player in this rapidly growing sector.
SAF Zero will capitalize on Haffner Energy’s SAFNOCA® technology, renowned for its ability to convert a wide range of organic waste and biomass into syngas for SAF production. This innovative approach allows SAF Zero to engage with multiple SAF pathways, including Alcohol-to-Jet (ATJ), Fisher-Tropsch, and methanol-to-jet, all while adhering to global SAF mandates.
The new entity will operate under a robust financial model, wherein Haffner Energy will retain a stake in SAF Zero, generating revenue through upfront fees and royalties. This non-dilutive approach ensures that Haffner Energy’s shareholders benefit directly from the success of SAF Zero, with all proceeds being recorded as exceptional income in the company’s financial statements.
Marcella Franchi, Head of SAF at Haffner Energy, highlighted the spin-off’s potential, stating, “With two SAF projects already in development and more in the pipeline, SAF Zero is poised to play a critical role in meeting the global demand for sustainable aviation fuel.”
Philippe Haffner, CEO of Haffner Energy, emphasized the importance of dedicated resources and financial backing in the SAF market, adding,
“SAF Zero will enable us to harness our technology’s full potential and lead in a market that is crucial for the future of aviation.”
The spin-off will not only accelerate the development of SAF projects but also create a strategic lever for Haffner Energy to focus on its core markets of renewable hydrogen, syngas, and methanol.
A selection process is currently underway to identify strategic partners and investors to support SAF Zero’s development and maximize value for all stakeholders.
Source: Haffner Energy Press Release
