Tag: HIF Global

HIF Global announces first e-fuels project in Brazil

HIF Global announces first e-fuels project in Brazil

September 25, 2024 |

In Brazil, HIF Global announced its first project in Brazil, after signing a land reservation contract with Port of Açu, one of Brazil’s main ports, to develop a facility to produce up to 800,000 tons per year of e-Methanol. Pursuant to the land reservation contract formalized at a ceremony held during the energy fair ROG.e […]

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MOL backs HIF Global on worldwide e-Fuel rollout

MOL backs HIF Global on worldwide e-Fuel rollout

September 19, 2024 |

In Chile, HIF Global announced a strategic investment by Mitsui O.S.K. Lines to support the expansion of e-Fuels projects in the United States, Australia, Chile, and Uruguay. The amount of the investment by MOL was not disclosed. MOL’s investment is part of HIF Global’s $220 million equity funding raised in 2024. The collaboration adds to […]

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HIF Global lands $164M in latest investment round

HIF Global lands $164M in latest investment round

May 13, 2024 |

In Texas, HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 million to fund its eFuels projects. Idemitsu joins a premier group of existing HIF investors, including AME, EIG, Porsche, Baker Hughes, and Gemstone Investments The investment by Idemitsu completes the first step in the four-part […]

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HIF Global, Idemitsu Kosan and MOL to develop eFuels supply chain in Japan

HIF Global, Idemitsu Kosan and MOL to develop eFuels supply chain in Japan

March 18, 2024 |

In Japan, HIF Global, Idemitsu Kosan, the Japanese petroleum company and Mitsui O.S.K. Lines, Ltd. (MOL), announced an agreement to develop an eFuels supply chain between HIF facilities and Japan. The agreement also outlines how the companies will explore the potential for supplying carbon dioxide (“CO2”) from Japan for use as a feedstock for the eFuels […]

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HIF Global signs MOU with Enap for eFuels in Chile

HIF Global signs MOU with Enap for eFuels in Chile

January 10, 2024 |

In Chile, HIF Global and Chile’s state-owned petroleum company Enap recently signed a Memorandum of Understanding (“MoU”) to accelerate the use of carbon neutral eFuels in Chile. The agreement anticipates the delivery of approximately 22.5 to 37.5 million liters of eGasoline per year from the future HIF Cabo Negro eFuels facility, to be located in […]

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HIF Global signs MOU with Forico to develop Australia’s first eFuels production facility

HIF Global signs MOU with Forico to develop Australia’s first eFuels production facility

November 30, 2023 |

In Australia, HIF Global, the world’s leading eFuels company, announced a Memorandum of Understanding with Forico, Tasmania’s largest private forestry manager, to support development of Australia’s first eFuels production facility. The collaboration anticipates utilization of a site at Forico’s Surrey Hills plantation 30 km south of Burnie, supply of biomass and water, and potential investment […]

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