A New Chapter for Dutch Aviation
SkyNRG has commenced construction of its DSL 01 facility at Delfzijl, marking the first time a dedicated commercial plant for sustainable aviation fuel has secured non recourse project finance. The venture will deliver one hundred thousand tonnes of SAF each year, alongside valuable co products such as biobased propane, butane and naphtha. Topsoe HydroFlex technology combined with the proven HEFA pathway converts waste oils and fats into drop in jet fuel ready for existing aircraft.
Financing Signals Market Maturity
The seven year development journey closed with support from a broad bank syndicate and equity partners including KLM, Macquarie and Dutch pension manager APG. The non recourse structure, common in infrastructure but rare for novel energy ventures, indicates lenders now see SAF as an investable asset class comparable with solar or wind. That confidence could lower future capital costs and accelerate additional plants across Europe.
Regional Impact and Environmental Benefits
SkyNRG expects the plant to achieve a life cycle greenhouse gas saving of at least eighty percent at start up in twenty twenty eight, rising above ninety percent as the Dutch grid adds more renewable electricity. By embedding the project within the Groningen Seaports cluster, the company creates an anchor demand for regional biomass suppliers and green hydrogen developers, strengthening a local circular economy.
Non Obvious Insight
Because the facility sells propane and butane directly to nearby chemical users, its revenue stream is diversified beyond aviation. This multiproduct approach reduces exposure to swings in jet fuel demand and quietly improves investment resilience, a lesson future SAF developers may adopt.
Conclusion
With construction underway and finance secured, SkyNRG moves from fuel distributor to full producer, setting a practical example for scalable decarbonisation of global flight.