Norsk e-Fuel secures site in Imatra, Finland, for future expansion

Photo: Norsk e-Fuel

Norwegian project developer Norsk e-Fuel has secured exclusive access to approximately 19.7 hectares of land by signing a land-reservation agreement with the city of Imatra.  

The site is located in one of the country’s most important industrial regions in the southeastern Finland.  

While Project Imatra will take time to develop, Norsk e-Fuel said its strategic potential is “undeniable” and offers opportunity for the company to grow eFuels production in the future.  

This includes well-established infrastructure with strong rail and road connections and opportunities to expand the power grid.  

In addition, the potential for collaboration with other industrial companies in the area and the availability of additional 18.8 hectares of land for even further expansions make Project Imatra attractive. 

“The site in Imatra demonstrates our commitment to building a robust pipeline for future growth,” said Lars Bjørn Larsen, the chief commercial officer of Norsk e-Fuel. “Although the development here will take longer compared to predeveloped, industrial sites due to its greenfield nature, the site’s huge potential makes it a promising addition to our portfolio. We are excited to begin preparatory work next year and look forward to developing the site for future eFuels production.” 

Development work on the Imatra site will be started in 2025 and focus on tasks related to permitting, site preparation and infrastructure planning.  

As a greenfield location, the project will require careful and phased progress, the company said, adding that the extensive space and strategic location of the site present it with an “excellent opportunity to expand operations.” 

Matias Hilden, the mayor of Imatra, said, “We are very pleased to be able to take a step into the future together with Norsk-e-Fuel. The company has strong background, and we cannot think of a better partner to develop a new generation of industry in Imatra. Imatra has a long industrial history, and the electrification of the whole of Finland started from here a hundred years ago. [We are] very honored that Norsk e-Fuel has chosen Imatra as one of its partners in Finland.”  

Norsk e-Fuel said it remains committed to its mission of delivering renewable fuel solutions and advancing industrial-scale e-Fuel production.  

The Imatra site adds to the company’s growing portfolio of projects designed to drive the energy transition of the aviation industry and to provide its customer airlines with fossil-free fuels.