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SkyNRG Closes Financing for Europe’s First Standalone SAF Plant

SkyNRG reaches financial close for DSL-01, Europe’s first standalone SAF plant in the Netherlands, targeting full operations by mid-2028.

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This article is based on an official press release from SkyNRG and accompanying project documentation.

SkyNRG Reaches Financial Close on Europe’s First Standalone Greenfield SAF Plant

SkyNRG has officially reached financial close for DSL-01, its first dedicated commercial-scale Sustainable Aviation Fuel (SAF) production facility. Located in Delfzijl, Netherlands, the project marks a significant milestone in the European aviation sector’s transition to renewable energy. According to the company’s announcement, construction on the facility has already commenced, with full operations targeted for mid-2028.

The DSL-01 project is distinguished as Europe’s first standalone greenfield SAF plant, meaning it is being built from the ground up rather than as an expansion of an existing fossil fuel refinery. Once operational, the facility is projected to produce 100,000 tonnes of SAF annually, alongside 35,000 tonnes of by-products including bio-propane and naphtha.

Maarten van Dijk, CEO and Co-Founder of SkyNRG, emphasized the strategic importance of this development in a statement regarding the launch:

“Reaching this important milestone… marks an important step in our transition to becoming an owner and operator of SAF production capacity. This milestone demonstrates growing market confidence in scalable SAF production and provides a model for future sustainable fuel projects globally.”

Project Specifications and Technology

The facility will utilize Topsoe’s HydroFlex™ technology, operating on the Hydroprocessed Esters and Fatty Acids (HEFA) pathway. SkyNRG has stated that the plant will process waste oils and fats,predominantly sourced from regional industries,and will explicitly exclude virgin vegetable oils such as palm or soy to avoid competition with food supplies. The project aims to deliver a lifecycle CO2 emissions reduction of more than 85% compared to fossil jet fuel.

Technip Energies has been awarded the Engineering, Procurement, and Construction (EPC) contract for the site. While specific contract values are often confidential, industry reports estimate the value between €500 million and €1 billion. The construction phase is expected to generate hundreds of jobs in the Groningen Seaports region, contributing to the area’s developing green industrial cluster.

Financial Structure and Investment Partners

A critical aspect of the DSL-01 project is its financial structure. It is the first commercial-scale SAF plant to secure non-recourse project financing, a move that signals increasing maturity in the SAF market. Under this structure, lenders are repaid based on the project’s future cash flow rather than the general assets of the parent company.

The investment consortium includes:

  • APG: Investing up to €250 million on behalf of the Dutch pension fund ABP.
  • Macquarie Asset Management: Contributing approximately €50 million, adding to its previous investments in SkyNRG.
  • Debt Syndicate: A consortium of major banks including ABN AMRO, BNP Paribas, Rabobank, Crédit Agricole, and Deutsche Bank.

Arjan Reinders, Head of Infrastructure Europe at APG, noted the alignment of this investment with broader sustainability goals:

“SkyNRG represents the first investment in the SAF sector on behalf of our client [ABP], which is closely aligned with our ambition to create impact by investing at the forefront in energy transition assets.”

Strategic Partnerships and Offtake Agreements

To ensure the commercial viability of the plant, SkyNRG has secured long-term offtake agreements. KLM Royal Dutch Airlines has committed to purchasing 75,000 tonnes of SAF annually for a period of 10 years. This volume represents three-quarters of the plant’s total SAF output and is essential for KLM to meet upcoming EU mandates under the ReFuelEU Aviation Regulation.

Additionally, SHV Energy has agreed to purchase the bioLPG (bio-propane) by-products produced by the facility. Shell, a strategic partner of SkyNRG since 2019, retains an option to purchase SAF from the plant and continues to provide technical and commercial expertise.

AirPro News Analysis

The successful financial close of DSL-01 represents a pivotal moment for the SAF industry, specifically regarding “bankability.” Historically, SAF projects have struggled to attract traditional project finance due to perceived technology and market risks. The willingness of a major banking syndicate to provide non-recourse debt suggests that financial institutions now view HEFA-based SAF production as a stable asset class.

Furthermore, the timing of this project aligns directly with the European Union’s “Fit for 55” regulatory package. With the ReFuelEU Aviation Regulation mandating a 2% SAF blend by 2025 and rising to 6% by 2030, the DSL-01 facility will come online just as demand pressures intensify. Unlike competitors expanding existing refineries, SkyNRG’s success with a standalone greenfield site provides a “proof of concept” that could accelerate the development of similar independent facilities globally, such as their planned projects in the United States and Sweden.

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Photo Credit: SkyNRG

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Sustainable Aviation

Hawaiian Airlines Electrifies 73% of Honolulu Ground Fleet with Electric Vehicles

Hawaiian Airlines replaces 116 diesel and propane ground vehicles with electric models at Honolulu airport, supported by Hawaii DOT’s charging infrastructure.

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This article is based on an official press release from Hawaiian Airlines.

On May 18, 2026, Hawaiian Airlines announced a significant milestone in its environmental strategy by unveiling a new fleet of fully electric ground support equipment (GSE) at the Daniel K. Inouye International Airport in Honolulu (HNL). According to the official press release, the carrier is replacing 116 legacy diesel and propane-powered vehicles with lithium battery-powered alternatives.

This transition marks a major operational shift at Hawaiian’s primary hub. By eliminating the fossil fuel consumption, fumes, and noise associated with the older vehicles, the airline aims to reduce its greenhouse gas emissions while lowering ongoing maintenance costs.

The initiative was made possible through a strategic infrastructure partnerships with the State of Hawaiʻi Department of Transportation (HDOT), which has heavily invested in the charging network required to support such a large-scale deployment.

Scaling Up Electric Ground Operations

Equipment and Daily Impact

The newly deployed electric fleet replaces 116 baggage tractors, belt loaders, and aircraft pushback tractors. With this rollout, lithium battery-powered GSE now constitutes 73% of Hawaiian Airlines’ total ground support fleet at the Honolulu hub, according to the company’s announcement.

These vehicles are critical to daily operations. The press release notes that the equipment will be utilized by hundreds of ramp workers who process more than 8,500 checked bags daily and support approximately 180 daily flight arrivals and departures at HNL.

Following extensive testing and feedback from its ramp teams, Hawaiian Airlines selected specific models to meet its operational demands. The new fleet includes Charlatte T137 baggage tractors, Charlatte CBL2000 belt loaders, and Kalmar TBL100 towbarless pushback tractors. Notably, Charlatte engineers custom-modified the belt loaders to enhance their versatility, enabling them to service both narrow-body and wide-body aircraft in Hawaiian’s fleet.

Enhancing Ramp Worker Safety

Beyond environmental benefits, the transition introduces several features designed to improve the working environment for ramp employees. The new baggage tractors feature a redesigned cab configuration that protects operators from sun, wind, and rain. Additionally, the electric belt loaders are equipped with an advanced, sensor-guided aircraft approach system designed to prevent collisions and enhance safety during loading procedures.

Infrastructure and State Partnerships

HDOT’s Crucial Investment

The electrification of Hawaiian’s ground fleet relies heavily on infrastructure investments from the State of Hawaiʻi Department of Transportation. According to the provided research report, HDOT has already installed 30 GSE charging stations, which provide 60 charging ports across multiple locations at the Honolulu airport.

Expansion of this network is already underway. An additional four charging stations, yielding eight more ports, are currently under construction and are expected to be operational by the fourth quarter of 2026. To incentivize the adoption of sustainable practices, HDOT is providing Hawaiian Airlines and other airline partners access to these charging stations at no cost for two years.

Ryan Spies, Managing Director of Sustainability for Alaska Airlines and Hawaiian Airlines, highlighted the importance of this collaboration in the company’s official statement:

“Electrifying our ground support fleet in Honolulu, our second-largest hub, represents an important step in our long-term sustainability strategy. By investing in cleaner, quieter and more efficient equipment, we’re reducing our environmental impact, enabling safe and reliable operations, and improving the workplace for our teams and the travel experience for our guests. We extend a big mahalo to the state of Hawaiʻi Department of Transportation for their partnership and investment in the GSE charging infrastructure at Honolulu’s airport.”

Broader Sustainability Context

AirPro News analysis

We view this announcement as a key indicator of Hawaiian Airlines’ accelerated environmental initiatives following its integration into the Alaska Air Group. With Ryan Spies overseeing sustainability for both carriers, this massive fleet overhaul aligns seamlessly with Alaska Air Group’s broader corporate goals, which include achieving net-zero carbon emissions.

This move also reflects a wider, airport-wide sustainability push at Daniel K. Inouye International Airport. Previously, the airport partnered with Sustainability Partners to implement Webasto PosiCharge systems for ground equipment. Delta Airlines was the first carrier to adopt that initial system, reporting estimated monthly savings of $25,000 in diesel and propane costs. Hawaiian Airlines’ deployment of 116 vehicles represents a massive scaling up of this green initiative at HNL.

Furthermore, Hawaiian’s sustainability efforts extend beyond ground operations. The airline has been actively exploring Sustainable Aviation Fuel (SAF) in partnership with local refinery Par Hawaii. The long-term goal of this partnership is to produce SAF locally, eventually replacing up to 25% of Hawaiian Airlines’ fuel demand for island flights, which would help buffer the state from fluctuating imported crude-oil prices.

Frequently Asked Questions

How much of Hawaiian Airlines’ ground fleet at HNL is now electric?

Following the replacement of 116 legacy vehicles, 73% of Hawaiian Airlines’ ground support fleet at the Honolulu hub is now powered by lithium batteries.

What specific equipment is being replaced?

The airline is replacing diesel and propane-powered baggage tractors, belt loaders, and aircraft pushback tractors with electric models from Charlatte and Kalmar.

Who is funding the charging infrastructure?

The State of Hawaiʻi Department of Transportation (HDOT) has invested in the charging infrastructure, installing 30 stations with 60 ports, and is offering the charging at no cost to airline partners for two years.

Sources

Photo Credit: Hawaiian Airlines

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Sustainable Aviation

ICAO Highlights Funding and Standards for Aviation Net-Zero by 2050

ICAO calls for global investment and unified regulations to scale Sustainable Aviation Fuels from 1 MT to 490 MT by 2050 to meet net-zero targets.

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This article is based on an official press release and statement from the International Civil Aviation Organization (ICAO).

The global aviation sector has officially moved past the debate over whether it can decarbonize. According to a definitive statement published on May 15, 2026, by Juan Carlos Salazar, Secretary General of the International Civil Aviation Organization (ICAO), the industry must now confront the harsh realities of funding, infrastructure, and implementation. As the sector prepares for the upcoming ICAO Aviation Climate Week 2026, the focus has shifted entirely to whether the global community will make the hard choices required to meet its climate targets.

In his official publication, Salazar issued a stark warning to industry leaders and governments alike: fragmented decarbonization efforts risk not only missing the 2050 net-zero targets but also permanently forfeiting public trust. The core of ICAO’s message centers on the urgent need for massive, multi-decade global investments in SAF and the harmonization of regulatory standards to facilitate this unprecedented energy transition.

With 2026 marking the 10th anniversary of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the pressure is mounting. While incremental efficiency gains and early SAF blending have provided a foundational model, ICAO stresses that the scale required for true transformation is far greater than what has been achieved to date.

The Scale of the Sustainable Aviation Fuel Challenge

Bridging the Massive Production Gap

According to the data provided in the ICAO research report, SAF alone must deliver over half of the aviation sector’s emissions reductions to successfully meet the 2050 Long-Term Global Aspirational Goal (LTAG). However, the gap between current production and future requirements is staggering.

The ICAO report projects that the expected SAF volume required by 2050 sits between 380 and 490 million tonnes (MT). For context, global SAF production in 2024 was only around 1 MT. Bridging this monumental gap requires sustained, multi-decade investment at a global scale, specifically mobilizing capital into energy production and supply chain infrastructure.

The Cost of Fragmentation and the Need for Certainty

While over 150 Member States, representing 99% of global air traffic, have submitted action plans to ICAO, Salazar emphasizes that these plans alone are insufficient without unified global standards. Differences in sustainability criteria and incentives across borders create fragmented markets, which stifle cross-border fuel flows and complicate global airline operations.

“Only clear standards create the regulatory certainty needed for massive, long-term investments in infrastructure and innovation.”

— Juan Carlos Salazar, Secretary General, ICAO

Salazar further warned in his statement that if the industry and governments fail to choose urgent cooperation, the consequences will be severe, noting that “the sector may find itself grounded by a climate reality it cannot escape.”

ICAO’s Financial and Regulatory Interventions

To help bridge the gap between high-level ambition and on-the-ground implementation, ICAO has launched several key initiatives aimed at supporting member states, with a particular focus on developing nations.

The Finvest Hub and ACT-SAF Programme

A primary mechanism highlighted in the ICAO release is the Finvest Hub. Launched to connect vetted sustainable aviation projects, such as SAF production facilities and clean energy infrastructure, with potential public and private investors worldwide, the Hub acts as a critical matchmaking platform. The first operational gateway, Finvest@ETAF, was established in partnership with the International Renewable Energy Agency (IRENA).

“It is a first-of-its-kind gateway between project developers and financiers… this matchmaking function, using ICAO’s sustainability criteria, helps de-risk investments while ensuring environmental integrity.”

— Juan Carlos Salazar, Secretary General, ICAO

Complementing this financial matchmaking is the Assistance, Capacity-building and Training for Sustainable Aviation Fuels (ACT-SAF) programme. Launched in June 2022 under the ethos that “No Country is Left Behind,” ACT-SAF provides tailored support, regulatory guidance, and funding for feasibility studies. According to the ICAO report, recent feasibility studies have been launched or completed in countries including Argentina, Peru, Panama, Côte d’Ivoire, Rwanda, and Kenya.

Salvatore Sciacchitano, President of the ICAO Council, echoed the importance of these initiatives in the official release, stating that the success of aviation’s environmental transition relies heavily on “strong partnerships and accessible funding, particularly for developing States.”

AirPro News analysis

We at AirPro News observe that the aviation industry is currently caught in a critical tension between fragmented regional policies and the desperate need for global convergence. The data released by ICAO underscores a stark reality: scaling SAF production from 1 MT to upwards of 490 MT in just over two decades is not merely an operational challenge; it is one of the largest capital mobilization efforts in the history of modern transportation.

The establishment of the Finvest Hub indicates that ICAO recognizes its role must evolve from a purely regulatory body to an active facilitator of green finance. However, the success of this matchmaking platform will ultimately depend on whether private equity and institutional investors view SAF infrastructure as a de-risked, viable long-term asset. If regional governments continue to implement conflicting sustainability criteria, that perceived risk will remain high, potentially stalling the very investments ICAO is trying to catalyze.

Looking Ahead to ICAO Aviation Climate Week 2026

The immediate proving ground for these initiatives will be the ICAO Aviation Climate Week 2026, scheduled for June 2–4, 2026, in Montréal. Operating under the theme “One Global Path: Advancing Net-Zero Aviation,” the event will gather airlines, manufacturers, investors, and regulators.

According to Salazar’s statement, the outcomes of this event “could set the tempo for aviation’s decarbonization efforts in the crucial years ahead.” Later in the year, the 42nd ICAO Assembly will convene, where member states are expected to renew their commitments to the 2050 net-zero target and review the progress of the 2030 vision, a framework aiming to reduce CO₂ emissions in international aviation by 5% by 2030 through the use of SAF and Lower Carbon Aviation Fuels (LCAF).

“Commentators won’t be asking ‘Can aviation decarbonize?’ (it can), but rather ‘Will the global community make the hard choices required, at the pace that reality demands?'”

— Juan Carlos Salazar, Secretary General, ICAO

Frequently Asked Questions (FAQ)

What is the LTAG?
The Long-Term Global Aspirational Goal (LTAG) was adopted by the ICAO Assembly in 2022. It sets a target for international aviation to reach net-zero carbon emissions by the year 2050.

How much Sustainable Aviation Fuel (SAF) is needed by 2050?
According to ICAO projections, the aviation sector will require between 380 and 490 million tonnes (MT) of SAF annually by 2050 to meet its net-zero targets. In 2024, global production was approximately 1 MT.

What is the ICAO Finvest Hub?
The Finvest Hub is a matchmaking platform created by ICAO to connect vetted sustainable aviation projects (like SAF production facilities) with public and private investors, helping to de-risk investments using ICAO’s sustainability criteria.


Sources:
International Civil Aviation Organization (ICAO)

Photo Credit: Stock Image

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Sustainable Aviation

Menzies Aviation Achieves 25 Percent Electric Ground Support Equipment Target

Menzies Aviation reached its goal of 25% electric Ground Support Equipment globally by 2025, investing $200M and expanding alternative fuel use.

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This article is based on an official press release from Menzies Aviation.

The aviation industry faces mounting pressure to decarbonize, and while in-flight emissions dominate headlines, ground operations offer immediate opportunities for sustainability. According to a recent press release, Menzies Aviation has officially reached its global target of electrifying 25% of its Ground Support Equipment (GSE) by the end of 2025.

Menzies Aviation, recognized as the world’s largest aviation services company operating at 347 airports across 65 countries, achieved this milestone through a dedicated $200 million investment aimed at modernizing its vehicle fleet. The company reported adding more than 620 electric GSE assets to its operations in 2025 alone, pushing the global proportion of its electric equipment from 22% in 2024 to the 25% target. Currently, 11 Menzies locations operate fleets with more than 70% electric GSE, and over 20 locations have surpassed the 50% mark.

Driving the Transition: Fleet Modernization and Regional Success

European Operations Lead the Charge

The transition to electric GSE is heavily dependent on local airport charging infrastructure, leading to regional variations in adoption. In its press release, Menzies Aviation highlighted Europe as the leading region, with more than 50% of all GSE across the continent now fully electric.

Specific European locations have achieved even higher electrification rates. At Milan Malpensa Airport (MXP) in Italy, a partnership with AGS Handling has resulted in over 80% of motorized GSE becoming electric. When combined with a permanent switch to electric Pre-Conditioned Air Units, this allows for fully electric aircraft turnarounds. Additionally, the company noted that Manchester Airport in the UK increased its electric GSE to 40% following the deployment of two hybrid de-icing rigs, while London Gatwick (LGW) and Copenhagen (CPH) introduced fully electric fuel hydrant dispensers to support quieter, lower-emission operations.

Progress in Oceania and South East Asia

Progress is also visible outside of Europe. Menzies Aviation reported that its operations in Oceania and South East Asia increased to 30% electric GSE in 2025. As part of this regional push, the company has initiated trials for electric ground power units (GPUs) in Cairns, Australia.

Bridging the Gap with Alternative Fuels

Recognizing that full electrification is not yet viable at all airports due to infrastructure constraints, Menzies Aviation has expanded its use of lower-emission alternative fuels. The company’s press release details a significant pivot toward Hydrotreated Vegetable Oil (HVO) where electric charging grids remain insufficient.

In 2025, Menzies utilized two million liters of HVO, marking a 50% year-on-year increase from 2024. According to the company, HVO has fully replaced diesel in several major locations, including San Diego, Los Angeles, Amsterdam, and Stockholm Arlanda. The use of this alternative fuel has also been expanded at London Heathrow (LHR) and London Gatwick (LGW).

Corporate Strategy and Financial Alignment

The 25% electric GSE milestone is a component of Menzies Aviation’s broader “All In” sustainability strategy, which targets net-zero greenhouse gas emissions by 2045. The company noted it is the first major aviation services provider to have its net-zero targets validated by the Science Based Targets initiative (SBTi), adding scientific credibility to its corporate goals.

“2025 was a year of real progress towards our net-zero target. Achieving our ambitious goal of 25% electric GSE by 2025 across our fleet and accelerating our adoption of lower‑emissions fuels and renewable energy demonstrates our commitment to reducing emissions, even as our global network continues to grow. We are now focused on building on this momentum, with further increases in electric GSE already underway across our network.”

, Jonathan Hankin, Head of ESG at Menzies Aviation

Crucially, the press release indicates that these sustainability investments are occurring alongside robust financial growth. Menzies reported a 16% year-on-year growth in 2025, surpassing $3 billion in revenue, demonstrating that aggressive decarbonization efforts can run parallel to global expansion.

AirPro News analysis

We observe that while sustainable aviation fuel (SAF) and next-generation electric aircraft frequently dominate media coverage regarding aviation decarbonization, ground operations represent a highly actionable area for immediate, measurable emissions reductions. Transitioning tarmac vehicles from diesel to electric power directly reduces Scope 1 emissions while simultaneously improving local air quality and lowering noise pollution for airport workers and surrounding communities.

However, the data provided by Menzies Aviation underscores a critical industry bottleneck: infrastructure. The speed of GSE electrification is intrinsically linked to the willingness and ability of airports to upgrade their electrical grids and charging capabilities. The reliance on bridge technologies like HVO in major hubs such as Los Angeles and London Heathrow highlights that even well-capitalized service providers must wait for municipal and airport infrastructure to catch up with corporate sustainability ambitions.

Frequently Asked Questions (FAQ)

What is Ground Support Equipment (GSE)?
GSE refers to the vehicles and machinery found on an airport tarmac used to service aircraft between flights. This includes baggage tugs, fuel hydrant dispensers, ground power units, and de-icing rigs.

Why is Menzies Aviation using Hydrotreated Vegetable Oil (HVO)?
While Menzies is transitioning to electric equipment, many airports currently lack the electrical grid infrastructure required to charge large fleets of electric vehicles. HVO serves as a lower-emission “bridge” fuel that can immediately replace diesel in existing combustion engines without requiring new infrastructure.

What is the Science Based Targets initiative (SBTi)?
The SBTi is a corporate climate action organization that enables companies to set greenhouse gas emissions reduction targets grounded in climate science. Menzies Aviation is the first major aviation services provider to have its net-zero targets validated by this body.


Sources: Menzies Aviation Press Release

Photo Credit: Menzies Aviation

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