Sustainable Aviation Fuels: News, Knowledge, Investment Opportunities
Norsk e-Fuel Expands to Sweden with New SAF Partnership
Collaboration with Prime Capital and RES to develop large-scale e-Fuel production in Ånge
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February 18, 2025
concept of biofuel refinery in Sweden
Ånge, “Project Alby. Image source: SAF Path. Logo: norsk e-fuel
Summary: Norsk e-Fuel, Prime Capital, and RES are launching "Project Alby," a major e-Fuel facility in Ånge, Sweden. The plant, set to produce at least 80,000 tons of sustainable aviation fuel (SAF) annually, benefits from Sweden’s low electricity costs and renewable energy resources. The initiative, backed by the InvestEU Fund, strengthens Norsk e-Fuel’s Nordic expansion and contributes to the European aviation sector’s transition to synthetic fuels.

Ånge, Sweden—Norsk e-Fuel has announced a new collaboration with Prime Capital and RES to establish a large-scale sustainable aviation fuel (SAF) production facility in Sweden. The project, named “Project Alby,” will be developed in Ånge, about 370 kilometers north of Stockholm, and is expected to produce at least 80,000 tons of e-Fuel annually.

The partnership brings together Norsk e-Fuel’s expertise in synthetic SAF development, Prime Capital’s renewable energy infrastructure investment, and RES’ extensive experience in renewable project development. “We are excited to join forces with Norsk e-Fuel on this transformative project,” said Jens Walzner, Managing Director of Prime Capital. “This collaboration is a key step in reducing aviation emissions and accelerating Sweden’s transition to a more sustainable future.”

The plant will utilize Power-to-Liquid technology, where water is converted into hydrogen and combined with captured CO₂ to produce e-Kerosene. This synthetic fuel provides an alternative to fossil-based aviation fuel and aligns with the European Union’s ReFuelEU Aviation regulations. The 14-hectare Ånge site benefits from Sweden’s competitive electricity prices due to its strong renewable energy infrastructure.

“This project is a milestone for Norsk e-Fuel as we expand into Sweden and continue to lead the charge in providing fossil-free fuels for the aviation industry,” said Karl Hauptmeier, CEO of Norsk e-Fuel. “Project Alby exemplifies our commitment to reducing CO₂ emissions and highlights the importance of teamwork in achieving success.”

The Ånge region is poised to become one of Europe’s leading hubs for green hydrogen-driven industrial projects, reinforcing the strategic importance of the investment. “Norsk e-Fuel joining the Alby project is fantastic news,” said Matilda Afzelius, CEO of RES in the Nordics. “Their expertise in e-SAF production, combined with Prime Capital’s strategic capabilities and RES’ 40+ years of renewable energy experience, provides a strong foundation for the next development phase.”

“This project is a milestone for Norsk e-Fuel as we expand into Sweden and continue to lead the charge in providing fossil-free fuels for the aviation industry.”

Prime Capital’s investment is supported by the European Union’s InvestEU Fund, which backs projects that drive sustainable economic growth. The partnership solidifies Ånge’s role in the renewable energy transition while advancing Nordic leadership in sustainable aviation fuel production.

Source: norsk e-fuel press release

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