- The investment accelerates the journey to the final investment decision stage for the world’s first commercial eFuels production facility
- SWEN will propel development and commence FEED (Front End Engineering Design) for eFuels production sites
- Arcadia’s front running project in Vordinborg, Denmark, is scheduled to begin operation in 2026
Swen Infrastructure Fund for Transition 2 (Swift 2), a fund managed by SWEN Capital Partners, invested in Arcadia eFuels to provide development capital to accelerate reaching final investment decision (FID) stage for the world’s first commercial eFuels production facility.
Copenhagen-based Arcadia will utilise Swift 2’s investment to develop multiple eFuels production sites that it intends to own and operate, as well as market and sell eKerosene, eDiesel, and eNaphtha. Arcadia’s front running project in Vordinborg, Denmark, is scheduled to begin operation in 2026, potentially followed by two more plants per year in 2026-2027. The output of each plant has been approximated to 100MM litres per year or 75,000 metric tonnes of eFuels, according to SWEN Capital Partners.
“Decarbonising the hard-to-abate sectors such as heavy transport has been our mission since 2019,” said said Olivier Aubert, managing director at SWEN Capital Partners. “Although flying less must be a priority, we will keep on traveling long distances in the foreseeable future, it is therefore of outmost importance to produce sustainable aviation fuels with the lowest carbon footprint.”
Paris-based SWEN Capital Partners makes investments in European unlisted assets. The firm has approximately €7 billion in assets under management or advisory.