Less than 11 months after revealing plans for a net-zero CO2 aviation fuel production facility at Vordingborg Harbor, Arcadia eFuels announced on January 3, 2023, that a French investment fund will provide the capital to realize this major green fuel initiative.
Arcadia eFuels has received substantial support from the Vordingborg Municipality and has garnered backing from the French investment fund Swift 2, managed by SWEN Capital Partners. This fund specializes in green projects within renewable energy production and demonstrates a strong understanding of the social, societal, and environmental significance of the project.
The envisioned large-scale production plant will utilize renewable energy sources like wind and solar power, along with water and CO2, to produce net-zero CO2 aviation fuel (eFuel) suitable for existing aircraft engines and infrastructure.
Partners: Vordingborg municipality, DCC & Shell Aviation Denmark A/S & Swift 2 (SWEN Capital Partners)
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