Iverson eFuels

company 1 Deal 2 Partners

Iverson eFuels AS is a Norwegian joint venture between Hy2gen AG and Trafigura Pte Ltd, established in 2023. It is developing a large-scale eFuels production facility in Aure, Norway, focused on producing sustainable aviation fuel (SAF) and e-Naphtha from green hydrogen and biogenic CO2.

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Founded 2023

eFuels DeveloperDeveloper

Strategic Overview

Focus on large-scale production of eFuels, including Sustainable Aviation Fuel (SAF) and e-Naphtha.
Leveraging green hydrogen produced from renewable electricity and biogenic CO2 for sustainable fuel synthesis.
Strategic joint venture between a green hydrogen developer (Hy2gen) and a global commodity trading firm (Trafigura) to accelerate market entry and scale.

Deal History (1)

Iverson eFuels terminates plans for green ammonia plant in Sauda, Norway

Developer Green Ammonia Norway Mar 6, 2026

Deal Activity from Public Sources

Hy2gen AG and Trafigura Pte Ltd establish Iverson eFuels AS to develop a large-scale eFuels production facility in Aure, Norway, with 240 MW renewable power input and 250,000 tonnes/year production capacity of green ammonia, SAF, and e-Naphtha.

Development Green Hydrogen, EFuels, Sustainable Aviation Fuel, Carbon Capture Norway January 2023 240 MW with Hy2gen AG

Investment Focus

Technologies

Green Ammonia1

Geography

Norway1

Track Record

Deals Completed

Years Active

Notable projects: Iverson eFuels production facility

Detailed Analysis

Technologies

eFuels (1 deal)Green Hydrogen (1 deal)Carbon Capture (1 deal)Renewable Energy (1 deal)

Sectors

Energy Transition (1 deal)Utilities (1 deal)

Geographies

Norway (1 deal)

Deal Stage

Greenfield

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