The Project comprises the construction of a 500 ktpa (kilo-tonnes per annum) production plant for advanced biofuels on the Promoter' s existing industrial site in Huelva, Spain. The fuels concerned are Hydrogenated Vegetable Oil (HVO) Biodiesel and Sustainable Aviation Fuels (SAF) requiring 600ktpa of feedstock, mainly consisting of Used Cooking Oil (UCO), animal fats and Palm Oil Mill Effluent (POME). The use of the produce facilitates reducing emissions from transport. The main targets are hard to decarbonise segments, such as aviation, but also road transport.
| InvestEU operation amount | EUR 450 million |
| Sector | Manufacturing |
| Subsector | Manufacture of chemicals and chemical products; Manufacture of other organic basic chemicals |
| Policy window | Sustainable Infrastructure (SIW) |
| Approval by the Investment Committee | 13 June 2024 |
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- Reference
- INVEU-ICR-0041-2024
- Project locations
- Spain
- Policy window
- Sustainable Infrastructure (SIW)
- Eligible areas
- Digital connectivity and infrastructure
- Implementing partner
- EIB