Amsterdam/Skellefteå, 12 November 2026 – SkyNRG and Skellefteå Kraft have secured shareholder approval to advance their joint venture, SkyKraft, a planned capacity of 130,000-tonnes-per-annum electro-Sustainable Aviation Fuel (eSAF) facility, into the Front-End Engineering and Design (FEED) phase. The decision follows a comprehensive due diligence process confirming the project’s technical and commercial readiness. It marks the start of the final development phase ahead of a targeted final investment decision in 2028, with the facility expected to be operational by 2032.
Project Overview
SkyKraft is set to become a leading European electro-Sustainable Aviation Fuel (eSAF) production facility, converting renewable electricity, water and recycled CO2 into Sustainable Aviation Fuel (SAF). Once operational, it is expected to rank among Europe’s largest planned eSAF production facilities.
Drawing on Northern Sweden’s abundant renewable power, the project is designed to deliver highly competitive eSAF at scale. As demand grows under the ReFuelEU Aviation mandate and airlines seek secure, long-term SAF supplies, SkyKraft is positioned to strengthen Europe’s fuel autonomy and support aviation’s decarbonization.
Location and Regional Benefits
The project selected Näsudden in Skelleftehamn, Sweden, for its unique combination renewable energy resources, industry capabilities and strategic logistic connections. These advantages support the projects’ long-term competitiveness while strengthening European energy security, creating high-quality local jobs and reducing dependence on non-European fuel supply chains.
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 decarbonization.”
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.”
Market Outlook and Next Steps for the Project
Europe’s drive to strengthen energy security, reduce vulnerabilities from imported fossil fuels and build greater strategic autonomy is reinforcing the case for domestic renewable fuel production. For aviation, eSAF represents a particularly strategic pathway: it can be produced from Sweden’s round-the-clock renewable electricity, water and recycled CO2, allowing Europe to build on its own renewable energy and industrial resource base.
The importance of resilient and diversified fuel supply is also receiving growing attention beyond climate policy, including within NATO. Together with the growing requirements under ReFuelEU Aviation and the European Commission’s firm commitment to the synthetic aviation fuel sub-mandate, these trends are expected to drive substantial demand for European eSAF.
Delivering projects of this scale requires strong cooperation between long-term investors, public financial institutions, national and European authorities, industrial partners, and local stakeholders. As SkyKraft enters FEED, the focus will be on building the commercial partnerships, financing structures and public and regional support required to reach a final investment decision in 2028.
Note to editors
About SkyNRG
Since 2009, SkyNRG has worked to make sustainable aviation a reality by supplying and producing high-integrity Sustainable Aviation Fuel (SAF). Collaboration is central to our ambition: we build lasting relationships with global partners to make SAF the alternative to fossil jet fuel.
Our in-house SAF experts have helped more than 60 airlines and over 100 corporates reduce their climate impact through Book & Claim, the most transparent and traceable way to support aviation sustainability with real emission reductions.
Sustainability is embedded in our business, as demonstrated by our B Corp certification. Our independent Sustainability Board advises on feedstocks and provides strategic guidance on a wide range of sustainability issues. SkyNRG operations are certified against the RSB EU RED, CORSIA, and Book & Claim standards. Learn more at skynrg.com.
About SkyKraft
SkyKraft is a joint venture between SkyNRG and Skellefteå Kraft focused on establishing one of Europe’s leading electro-Sustainable Aviation Fuel (eSAF) production facilities in Skellefteå, northern Sweden.
By harnessing renewable electricity, water and recycled carbon dioxide, the project will help accelerate the transition to more sustainable aviation while strengthening regional industrial competitiveness and energy security. Learn more at skykraft.se.
