Luxaviation to invest in Haffner Energy’s SAF Zero initiative
Business aviation operator Luxaviation announced plans to invest in French sustainable aviation fuel (SAF) producer Haffner Energy via cash funding to finance initial development activities, support in the strategic definition and global visibility as well as offtake agreements in relevant SAF Zero projects such as Paris-Vatry SAF.
“At Luxaviation, we believe that the future of aviation must be sustainable, and that requires bold partnerships and innovative solutions. Our collaboration with Haffner Energy and our interest in SAF Zero reflect our commitment to accelerating the adoption of sustainable aviation fuel and driving meaningful change across the industry,” said Patrick Hansen, CEO of Luxaviation Group.
Haffner Energy announced spin-off SAF Zero in December of 2024 with the goal to capitalise on the growing demand for SAF and become a key world player in the SAF industry.
The two companies said that with Haffner’s proprietary technology and Luxaviation’s positioning in the aviation sector could help SAF Zero finance and develop industrial SAF production projects. Operating under an exclusive license, SAF Zero will supply Haffner Energy’s technology to third parties under license agreements, designing, delivering and potentially operating key equipment based on this technology.
“We are thrilled to collaborate with Luxaviation, a committed partner working alongside us to position SAF Zero as a cornerstone of Europe’s clean aviation strategy ,” said Philippe Haffner, co-founder and CEO of Haffner Energy.
Haffner Energy relies on three decades worth of experience to design, manufacture, supply, license and operate proprietary disruptive clean fuels solutions, including critical technology for pathway-agnostic SAF production, using all types of residual biomass and municipal waste.
The company has already announced the development of a number of SAF projects, notably Paris-Vatry SAF in France, where full scale production is expected to be reached by 2030 when the next stage of the European SAF mandate kicks in.
Both Luxaviation and Haffner Energy are members of Project SkyPower, an international CEO-led initiative dedicated to accelerating the development and adoption of SAF.