In the Netherlands, Macquarie Asset Management will support the growth of Sustainable Aviation Fuels (SAF) with an initial investment of up to €175 million in SkyNRG via the Macquarie GIG Energy Transition Solutions (MGETS) Fund.
This new investment led by Macquarie Asset Management’s specialist Green Investments team will support SkyNRG’s next phase of growth and help achieve its ambitious goal to become a major SAF producer through the development and operation of SAF production facilities. By 2030 SkyNRG aims to build its dedicated SAF facilities in Europe and the US, in cooperation with strategic offtake partners. To date, SkyNRG has secured partnerships with, amongst others, KLM Royal Dutch Airlines and Boeing with envisaged long term commitments of up to €4 billion in SAF purchases.
