Tesi invests in Norsk e-Fuel to support the growth of sustainable aviation fuel production in Finland as part of a broader strategy to reduce aviation emissions across Europe.
Target Information
Norsk e-Fuel is a company dedicated to the development of sustainable aviation fuel, with plans to expand its production capabilities in Finland. As part of a robust growth strategy, Norsk e-Fuel has announced two projects aimed at reducing aviation emissions across Europe, one of which is planned for Rauma and another for Imatra. The fuel produced by Norsk e-Fuel is synthetic and made from hydrogen and carbon dioxide, utilizing fossil-free electricity during the production process.
Industry Overview in Finland
The aviation industry in Finland, similar to the rest of Europe, is under increasing pressure to address environmental concerns and reduce its carbon footprint. The European Union has set ambitious targets for emitting fewer greenhouse gases, which has spurred innovation in sustainable fuels. There is a growing demand for alternatives to traditional fossil fuels, especially as airlines strive to become more sustainable and meet regulatory requirements.
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Finland, in particular, is strategically positioned to lead in the sustainable aviation fuel sector due to its availability of renewable energy sources. The Finnish government is actively encouraging investments i
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Tesi
invested in
Norsk e-Fuel
in 2025
in a Seed Stage deal