About Verde Clean Fuels, Inc. ® Verde is a clean fuels company focused on the deployment of its innovative and proprietary liquid fuels processing technology through development of commercial production plants. Verde's synthesis gas ("syngas")- to-gasoline plus (STG+) process converts syngas, derived from diverse feedstocks, into fully finished liquid fuels that require no additional refining. Verde is currently focused on opportunities to convert associated natural gas into gasoline, which is expected to p ...

Core Insights - Haffner Energy and Luxaviation Group have established a non-exclusive 15-year offtake agreement in Europe for sustainable aviation fuel (SAF) with fixed volume and price terms [1][5] - This partnership aims to enhance SAF production and promote its use in the business aviation sector, marking a significant step towards sustainable aviation practices [2][3] Company Overview - Haffner Energy specializes in converting biomass into clean fuels, leveraging 32 years of experience in the industry, and has developed proprietary technologies for SAF production [6][8] - Luxaviation Group operates one of the largest private aircraft fleets globally and is committed to decarbonizing aviation through improved fuel efficiency and increased SAF usage [4][9] Strategic Initiatives - Luxaviation's "Go-to-Zero" Investment Fund was launched in 2023 to support SAF production, reflecting the company's commitment to sustainability [4] - Both companies are part of Project SkyPower, an initiative aimed at accelerating the development and adoption of SAF [7] Market Impact - The agreement is expected to facilitate financing for Haffner Energy's SAF projects in Europe, as long-term offtake agreements are crucial for securing funding [5] - Full-scale SAF production is anticipated to be achieved by 2030, coinciding with the European SAF mandate requiring airlines to blend SAF at a minimum of 6% [6]