Liquid Wind
Liquid Wind AB was a Swedish eFuel facility developer producing eMethanol from green hydrogen and biogenic CO2 for shipping, aviation, and chemicals. It developed standardized, modular production facilities under an industrial symbiosis model and filed for bankruptcy in May 2026.
- Company typePrivate
- Founded2017
- HeadquartersGöteborg, Sweden
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Liquid Wind does
Liquid Wind AB was a Swedish eFuel facility developer founded in 2017 and headquartered in Gothenburg, focused on producing eMethanol — a fossil-free liquid fuel synthesized from green hydrogen (via electrolysis) and captured biogenic CO2 — for hard-to-abate sectors including shipping, aviation, and chemicals. The company's core technology stack combined four integrated modules: electrolysis for green hydrogen production, carbon capture from biogenic sources (biorefineries, CHP plants, pulp and paper mills), methanol synthesis, and a proprietary Digital Twin for facility replication. Its flagship differentiator was a standardized, modular facility design intended for rapid replication across multiple sites, paired with an industrial symbiosis model that co-located plants with biomass-fuelled CHP plants to capture waste heat and biogenic CO2.
The company operated a project developer model rather than a traditional product sales motion. Revenue mechanics were intended to flow from long-term offtake agreements with enterprise customers in shipping and aviation, complemented by project development fees, equity participation in completed facilities, and offtake rights retained by Liquid Wind. The company targeted direct enterprise sales (filing Expression of Interest submissions, participating in industry events) and engaged industrial CO2 providers (e.g., Övik Energi, Umeå Energi) as facility co-developers. At the time of its May 2026 bankruptcy filing in the Gothenburg District Court, Liquid Wind had not brought any facility into commercial operation; its five named projects (Sundsvall, Umeå/FlagshipTHREE, Örnsköldsvik/EFÖvik, Haapavesi, Naantali) remained in pre-construction stages, each targeting 100,000 tonnes of annual eMethanol output.
Liquid Wind firmographics
Firmographics- Name
- Liquid Wind
- Legal name
- Liquid Wind AB
- Website
- https://liquidwind.se
- Company type
- Private
- Founded year
- 2017
- Operating status
- Closed
- Headcount range
- 51–100 employees
- Short description
- Liquid Wind AB was a Swedish eFuel facility developer producing eMethanol from green hydrogen and biogenic CO2 for shipping, aviation, and chemicals. It developed standardized, modular production facilities under an industrial symbiosis model and filed for bankruptcy in May 2026.
- Ownership category
- akta.pro rank
Liquid Wind industry classification
Industry- Product category
- eFuel and eMethanol Production
- NAICS
- Other Basic Organic Chemical Manufacturing (32519)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane) (EUABAIAA)
- akta.pro secondary industry
- Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK)
Keywords
Where Liquid Wind is headquartered
LocationHeadquarters
- HQ city
- Göteborg
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Liquid Wind business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Technology or R&D, Operations, Personnel, Marketing or Sales, Supply Chain
Revenue model
- eMethanol Sales: Production and sale of eMethanol to hard-to-abate sectors including shipping, aviation, and chemicals. Long-term offtake agreements with industrial customers seeking to decarbonize operations.
- eFuel Facility Development: Development of large-scale eFuel production facilities in partnership with energy companies and industrial CO2 providers. Revenue generated through project development, financing, and equity participation in completed facilities.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Liquid Wind product offering
Product offeringCore offering
Liquid Wind develops standardised and modular eFuel production facilities that produce eMethanol from green hydrogen (via electrolysis using renewable electricity) and captured biogenic CO2. The company co-locates these facilities with industrial CO2 sources such as biorefineries, combined heat and power (CHP) plants, and pulp and paper mills, selling the resulting fossil-free eMethanol under long-term offtake agreements to shipping, aviation, and chemicals offtakers.
Product overview
Liquid Wind is a leading eFuel facility developer offering a portfolio of products centred on eMethanol — a fossil-free liquid eFuel produced from green hydrogen (via electrolysis) and captured biogenic CO₂. The portfolio comprises modular, standardised eFuel production facilities as the core product, supported by four technology modules: Electrolysis (green hydrogen production), Carbon Capture (biogenic CO₂ sourcing from biorefineries, CHP plants, and pulp and paper), Methanol Synthesis (gas-to-liquid conversion), and Digital Twin (data-driven facility replication). An eFuel Design & Performance Centre (DPC) add-on module accelerates the delivery of ready-to-build plants. The company has multiple named project facilities across Sweden (Sundsvall, Umeå/FlagshipTHREE, Örnsköldsvik/EFÖvik) and Finland (Haapavesi, Naantali), each targeting 100,000 tonnes of eMethanol per year capacity. The company filed for bankruptcy in May 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- eMethanol Fossil-free liquid eFuel produced from green hydrogen and captured biogenic CO2, sold to hard-to-abate sectors such as shipping, aviation, and chemicals under long-term offtake agreements.
- eFuel Facilities Standardised and modular eFuel production facilities designed for scalable project replication, producing eMethanol from green hydrogen and biogenic CO2 at industrial sites.
- Umeå Project (FlagshipTHREE) Large-scale eFuel production facility in Umeå, Sweden, developed in partnership with Umeå Energi, planned to produce up to 100,000 tons of eMethanol annually and capture 150,000 tons of biogenic CO2.
- Örnsköldsvik Project (EFÖvik) Full-scale eFuel facility in Örnsköldsvik, Sweden, integrated with Övik Energi's biomass-fuelled CHP plant, designed to produce over 100,000 tons of eMethanol annually.
- Sundsvall Project Large-scale eFuel facility project under development in Sundsvall, Sweden, targeting 100,000 tonnes of eMethanol per year capacity.
- Haapavesi Project eFuel production facility project under development in Haapavesi, Finland, targeting 100,000 tonnes of eMethanol per year capacity.
- Naantali Project eFuel production facility project under development in Naantali, Finland, targeting 100,000 tonnes of eMethanol per year capacity.
Quantifiable outcome
- Each facility produces 100,000 tons of eMethanol annually
- +2 more outcomes
Companies that use Liquid Wind
Customer profileSegments5 records
Ideal customer profiles3 records
Liquid Wind technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Liquid Wind partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered major and core.
- Umeå EnergimajorFinalized agreements to develop the FlagshipTHREE eFuel production facility in Umeå, Sweden. The facility will produce up to 100,000 tons of eMethanol annually and capture 150,000 tons of biogenic CO2.
- Övik EnergimajorIndustrial symbiosis partnership where the eFuel facility will integrate with Övik Energi's biomass-fuelled CHP plant in Örnsköldsvik, capturing approximately 150,000 tons of biogenic CO2 per year and utilizing waste heat.
- RISE (Research Institutes of Sweden)coreRISE coordinates the High Coast to West Coast Hydrogen Valley project, funded with nearly EUR 20 million through the EU's Horizon Europe programme, targeting to produce at least 4,000 tonnes of green hydrogen by 2030. Liquid Wind is a partner in this initiative covering Västernorrland and Western Sweden.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Liquid Wind competitors and assessment
Company assessmentDirect peers
- Carbon Recycling International: Icelandic commercial-scale eMethanol producer (George Olah plant) using captured CO2 and renewable electricity — the most direct operating peer to Liquid Wind's planned facilities.
- HIF Global: Developer of eFuels (e-methanol, e-gasoline) from green hydrogen and captured CO2 with projects in Chile, the US, and Australia — directly comparable project-developer model and offtaker-focused GTM.
- Elyse Energy: French eFuel/eMethanol/eSAF project developer; existing Liquid Wind shareholder via the 2022 Series A — comparable technology stack and industrial symbiosis approach.
- Infinium: US-based eFuels (eMethanol, eSAF, e-diesel) developer using green hydrogen and captured CO2 — directly comparable Project Pathfinder-style offtake business model.
- Norsk e-Fuel: Norwegian eSAF/eMethanol project developer targeting aviation offtake — same technology stack and Nordic geographic exposure as Liquid Wind.
- Sunfire: German electrolyser and eFuel technology company producing eMethanol, eSAF, and green hydrogen — comparable hard-to-abate sector focus with proprietary SOEC technology.
Broad incumbents
- Topsoe: Major methanol synthesis catalyst and process technology provider and existing Liquid Wind investor — comparable eMethanol value-chain position, but operates as a broad incumbent across refining/chemicals rather than a project developer.
- Uniper: European utility and Liquid Wind shareholder; broader renewable power and hydrogen portfolio and a credible offtaker/financier of eMethanol production at scale.
Others
- Siemens Energy: Electrolyser and power-equipment OEM and Liquid Wind investor — adjacent supplier relationship rather than a competing developer, providing the underlying electrolysis technology for eMethanol facilities.
- Ørsted: Offshore wind major that acquired and then cancelled Liquid Wind's FlagshipONE project rights; relevant as both historical counterparty and as a broader renewable developer evaluating the eFuel space.
Market position
Strengths3 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Liquid Wind social profiles
Digital presenceLiquid Wind financial estimates
Financial estimateRevenue estimate
Valuation estimate
Liquid Wind leadership team
Management profileNumber of profiles
Profiles1 record
Liquid Wind funding detail
Funding detailFunding overview
Funding rounds6 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Liquid Wind M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Liquid Wind
What does Liquid Wind do?
Liquid Wind develops standardised and modular eFuel production facilities that produce eMethanol from green hydrogen (via electrolysis using renewable electricity) and captured biogenic CO2. The company co-locates these facilities with industrial CO2 sources such as biorefineries, combined heat and power (CHP) plants, and pulp and paper mills, selling the resulting fossil-free eMethanol under long-term offtake agreements to shipping, aviation, and chemicals offtakers.
Is Liquid Wind a public or private company?
Liquid Wind is a private company. It is classified as venture growth investor backed and is currently closed.
When was Liquid Wind founded?
Liquid Wind was founded in 2017. It employs 51 to 100 people.
Where is Liquid Wind based?
Liquid Wind is headquartered in Göteborg, Sweden, in the Europe region.
How does Liquid Wind make money?
Two revenue lines are on record. eMethanol Sales are the primary driver. The others are eFuel Facility Development.
Who are Liquid Wind's main competitors?
Direct peers on record are Carbon Recycling International, HIF Global, Elyse Energy, Infinium, Norsk e-Fuel and Sunfire. Broad incumbents are Topsoe and Uniper. Others are Siemens Energy and Ørsted.
Does Liquid Wind have an API?
No public API is recorded for Liquid Wind.
What industry is Liquid Wind in?
Liquid Wind's product category is eFuel and eMethanol Production. Its primary akta.pro industry code is EUABAIAA, E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane), with a secondary code of EUAAAHAK, Biofuel Plant EPC, O&M & Process Technology Providers. Its NAICS code is 32519 and its SIC code is 2860.