INERATEC secures €70 million financing for e-Fuels in Europe

Germany-based INERATEC has secured a €40 million venture debt loan from the European Investment Bank and a €30 million grant from Breakthrough Energy Catalyst to scale-up its e-Fuel production. This €70 million total investment aims to finance the construction of Europe’s largest sustainable e-Fuel production plant in Frankfurt. The project is focused on decarbonizing hard-to-abate sectors such as aviation and will enable INERATEC to commercialize innovative reactor technology that uses green hydrogen and CO2 to create synthetic aviation fuel.