Global investment firm SkiesFifty and bio-fuel innovator Frontline BioEnergy have announced a partnership to advance waste-to-energy technology, with a focus on producing sustainable aviation fuel (SAF) and green methanol. The collaboration will establish a jointly owned company to spearhead this effort.
The partnership merges SkiesFifty’s investment and sustainability expertise with Frontline BioEnergy’s patented gasification technology, which converts biomass and waste into renewable fuels on an industrial scale.
The new venture will focus on scaling SAF and green methanol production at strategic US locations, with plans for global expansion.
Kurt Stache, partner at SkiesFifty, and leader of its US business, said: “This joint venture is another example of our commitment to driving sustainable aviation through investing in innovative solutions. Together with Frontline BioEnergy, we are creating new paths to renewable fuels that will help decarbonise our key focus sector, aviation, and also, as an added bonus, the maritime sector.”
Frontline BioEnergy’s gasification technology will be used in the venture’s projects and licensed to others, addressing key challenges in current waste-to-energy initiatives. This approach aims to reduce aviation’s carbon footprint while meeting the growing demand for sustainable travel.
Jerod Smeenk, chief executive at Frontline BioEnergy, said: “Our proprietary technology creates clean, tar-free, and particulate-free synthesis gas. It has huge potential for the generation of SAF. We have been looking for the right partner and investor to unlock this market for some time: SkiesFifty will now enable us to enter into SAF production and commercialise it on a global scale.
“Through transforming waste into clean energy, we are unlocking new possibilities for renewable fuel production and contributing to a more sustainable future.”
With plans to deploy Frontline BioEnergy’s technology over the next decade, the joint venture aims to make a significant impact on environmental sustainability and economic growth worldwide.
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