EUR 20m Series A funding for INERATEC to get production going
to expand more sustainable e-fuels / Engie, Safran and MPC as well
existing investors provide additional growth capital
(PHOTO)
Karlsruhe (ots) – INERATEC gains strategic investors to
Production capacities for synthetic fuels from CO2 and green
To increase hydrogen in the megaton range. Out with the new shareholders
of the energy, aviation and shipping industries, INERATEC creates the
Framework conditions for significant company growth.
As early as 2021, INERATEC in Emsland, Lower Saxony, will have the world’s so far
largest pilot plant for the production of sustainable e-kerosene opened. so
the company is planning one near Frankfurt Airport from 2022
industrial pioneer plant for the production of sustainable synthetics
fuels. From up to 10,000 tons of biogenic CO2 and renewable electricity
up to 4.6 million liters of INERATEC e-Fuels are to be produced annually.
The company will continue its leadership in the power-to-liquid space
Remove.
INERATEC makes a significant contribution to achieving the Paris climate goals by
Company a sustainable solution for aviation, shipping, the
automotive industry and the chemical industry. With sustainable
e-Fuels, these sectors can be defossilized. To get that vision into the
To make this a reality, the production capacities for CO2-neutral
Fuels and chemicals are rapidly being expanded.
United by the mission to achieve the climate goals
With Engie, Safran and MPC, INERATEC welcomes strategic partners from the
Industry, the existing investor portfolio, consisting of Extantia,
Planet A, High-Tech Gründerfonds, FO Holding and the Karlsruhe Institute for
complement technology. All partners are united by the mission to achieve the climate goals
reach. “This is a huge boost for our company. We will
provide sustainable, affordable e-fuels and materials for everyone”, says
Managing Director and INERATEC founder Dr.-Ing. Tim Boltken.
“Safran is focused on this important area to keep aviation up
to be carbon neutral by 2050. INERATEC’s cutting-edge technologies are
strengthen the technical know-how required for the development of a certified
process required for aviation,” said Eric Dalbiès, Senior
Executive Vice President, Strategy, Technology and Innovation at Safran. the
Safran’s investment demonstrates the company’s overall commitment to the
accelerated development of production capacities for sustainable
aviation fuels.
“We are proud to invest in a start-up company that
Combines innovation with the goal of making the transition to a zero-carbon
to speed up aviation. Hydrogen and e-fuels will play a key role
play in the decarbonization of heavy mobility, e.g. B. in ship,
rail and air transport,” adds Olivier Sala, Engie Vice-President, Research and
innovation, added. “This investment will be Engie’s ambitious strategy
support to produce 4 GW of green hydrogen by 2030.”
Jan Christoph Gras, Partner at Planet A Ventures, announces: “The existing
Investors are happy to invest further in INERATEC and the company
on its way to defossilize important industries. the
new investors bring the necessary expertise and international structures
at INERATEC to become a real global player for sustainable e-fuels
build up.”
“The way for synthetic fuels in the aviation industry is paved. With
this new round of investment, INERATEC will maintain its leading position in this
important segment to be decarbonized,” says Sebastian Heitmann,
Partner and co-founder of Extantia.
The financing consortium consists of the current investors High-Tech
Gründerfonds (HTGF), Extantia Capital, FO Holding and Planet A as well as the new ones
Partners Engie, Safran and MPC.
About
The ENGIE Group is a global player in the field of low-carbon energy and
Services. Together with our 170,000 employees, our customers,
partners and stakeholders, we are committed to making the transition to a
carbon-neutral world through lower energy consumption and
accelerate greener solutions. Inspired by our
Purpose of existence (“raison d’être”) we bring our economic performance with us
a positive impact on people and the environment by being consistent
on our key areas (gas, renewable energy, services)
build up to offer our customers competitive solutions.
Sales in 2020: 55.8 billion euros. The group is listed on the stock exchanges of
Listed in Paris and Brussels (ENGI) and in the main financial indices (CAC 40,
DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and
Non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris – Eurozone
120/ Europe 120/ France 20, MSCI EMU ESG, MSCI Europe ESG, Euro Stoxx 50 ESG,
Stoxx Europe 600 ESG and Stoxx Global 1800 ESG).
ENGIE New Ventures (ENV) is the corporate venture capital arm of ENGIE, the
global energy and service companies. ENGIE has set itself the goal
set, the energy transition towards a decarbonized, decentralized and
to lead the digitized world. ENV is a 180 million euro
endowed investment fund focusing on minority interests
innovative start-ups. Since 2014 ENV has over 164 million euros in
29 investments in disruptive start-ups that support the energy transition
lead and in the areas of renewable energy, hydrogen,
energy efficiency and flexibility as well as heating and cooling networks. eps
has offices in Paris, San Francisco, Singapore, Santiago and Tel Aviv
represent. Please visit: http://www.engieventures.com.
Safran is an international high-tech group specializing in aerospace and
Aerospace technology (engines, equipment and cabin parts) and defense.
Its mission: sustained commitment to a safer world in aviation
becomes even more ecological, more comfortable and more widely accessible. With 79,000
employees on all continents, the company generated one in 2020
Total sales of 16.5 billion euros and so, together with his
partners, its leading position in European and global markets
consolidate. Safran is investing as part of its technical innovation roadmap
instrumental in research and development programs to implement his
ecological priorities.
MPC Münchmeyer Petersen & Co. GmbH (“MPC Group”) is a family-run,
globally active group of companies with subsidiaries and holdings
in the areas of asset and investment management, shipping, shipbuilding, as well
Industrial services and project development especially in the field of
renewable energies. With its headquarters in Hamburg and a strong
international network, consisting of around 750 employees, MPC
Group on the technical and financial expertise for the implementation and the
Operation of complex industrial projects on an international scale.
Press contact:
INERATEC GmbH
Isabel Fish
mailto:[email protected]
M+49 1621852663
T + 49 72186484460
Engie SA
Nejma Djelloudi
mailto:[email protected]
T +33 (0) 6 64 85 03 39
Safran Group
Catherine MALEK
mailto:[email protected]
T +33 (0)1 40 60 80 28
MPC
Olivier Wagner
mailto:[email protected]
T +49 (40) 380 22 1220
Further material: http://presseportal.de/pm/161134/5126041
OTS: INERATEC GmbH