Ineratec has secured a €40m ($43m) venture debt loan with the European Investment Bank (EIB) and a €30m ($32m) grant with Breakthrough Energy Catalyst to develop “Europe’s largest” green hydrogen-based e-fuels plant.
Located in Frankfurt, Germany, the plant is expected to produce up to 2,500 tonnes of e-fuel per year. Construction began in 2023, and commissioning was originally scheduled for 2024.
Ineratec’s production process combines hydrogen and CO2 derived from biogenic sources to then produce synthetic crude oil, which can be processed into sustainable aviation fuels (SAF), marine fuels and e-diesel.
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