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Norwegian agrees landmark e-fuel partnership

Tuesday, 25 April 20233 min read
Norwegian agrees landmark e-fuel partnership

Norwegian has inked a landmark sustainable aviation fuel partnership.

It is teaming up with Norsk e-Fuel to build the world’s first full scale e-fuel plant in Mosjøen, Norway.

The plant will produce sustainable aviation fuel to help Norwegian meet 45% emissions reduction by 2030.

Norwegian signed a strategic partnership agreement and the parties aim to finalise a detailed agreement within months.

“E-fuels can become a game changer for aviation. The partnership with Norsk e-Fuel is a landmark agreement,” said Geir Karlsen, CEO of Norwegian.

The goal is to start producing e-fuels as early as 2026.

The partnership with Norsk e-Fuel is estimated to secure approximately 20% of Norwegian’s total demand for sustainable aviation fuel until 2030.

Norwegian will also invest more than NOK50 million for a minority equity stake in the company.