SkyNRG and Skellefteå Kraft have secured shareholder approval to advance their joint venture SkyCraft into front-end engineering and design (FEED) phase following a due diligence process.
SkyCraft is a planned electro-sustainable aviation fuel (e-SAF) project that aims to produce 130,000 tonnes per year from a site in Näsudden, Skelleftehamn, Sweden, which hosts a combination of renewable energy resources, industry capabilities and strategic logistical connections.
Richard Gort, Chief Operations Officer at SkyNRG, said: “Advancing SkyKraft into the FEED phase is a major milestone, and we thank our shareholders for their continued support and confidence in the project. With an expected production capacity of approximately 130,000 tonnes of eSAF per year, SkyKraft has the potential to become one of Europe’s largest synthetic aviation fuel facilities. Leveraging Northern Sweden’s renewable energy advantages, SkyKraft can play a key role in securing Europe’s future aviation fuel supply while supporting the industry’s decarbonisation.”
Ove Bryggman, Head of Strategy and Development at Skellefteå Kraft said: “SkyKraft highlights the role Sweden can play in strengthening Europe’s future energy and fuel resilience. Entering the FEED phase marks a significant stage in the project’s development bringing us closer to turning Northern Sweden’s renewable energy and industrial strengths into a strategic eSAF production facility with long-term value for the region and Europe.”
