Arcadia eFuels
Arcadia eFuels is a Copenhagen-based Power-to-Liquid producer, founded in 2021, that manufactures carbon-neutral eSAF, eDiesel, eNaphtha, and LPG from green hydrogen and captured CO2 via Fischer-Tropsch synthesis, serving airlines and fuel aggregators under EU, UK, and US synthetic-fuel mandates.
- Company typePrivate
- Founded2021
- HeadquartersCopenhagen, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Arcadia eFuels does
Arcadia eFuels is a Copenhagen-based private company founded in 2021 that designs, finances, and operates Power-to-Liquid (PtX) facilities producing carbon-neutral electrofuels (eFuels). The company combines green hydrogen (from renewable electricity) with captured CO2 and runs a Fischer-Tropsch synthesis chain to produce four output streams: electro sustainable aviation fuel (eSAF), eDiesel, eNaphtha, and LPG. The technical differentiator is a fully electrified FT reactor architecture designed to operate flexibly with intermittent renewable power, which is the central cost-and-carbon driver in PtX economics.
The flagship asset is Project ENDOR in Vordingborg, Denmark, designed for 80,000 tonnes per year of eFuels output with commercial production targeted from mid-2026. Two additional sites — Teesside in the UK and a Texas-based "Project ARC" in the US — extend the platform across three regulatory jurisdictions (EU ReFuelEU, UK SAF mandate, US federal incentives). The company is pre-revenue; the capital base to date is a mix of equity (SWEN Capital Partners, KGAL ESPF 6) and non-dilutive public grants (UK Department for Transport £12.3M in November 2023, US Department of Energy $14.6M in August 2024, EU Innovation Fund award in 2025).
The business model is B2B enterprise: Arcadia produces at industrial scale and sells into long-term offtake agreements with airlines (Norwegian Airlines is named as a partner) and fuel aggregators (ATOBA Energy, under an MoU for up to 150,000 tonnes over 10 years). Pricing is anchored to EU and UK SAF mandates rather than oil-indexed markets, providing a regulatory floor for demand. CEO Amy Hebert leads a team whose claimed track record includes $70B in delivered capital projects and 15+ plant implementations. EPC delivery for Vordingborg is contracted to Hitachi Energy, and the company is a founding member of the European eSAF Coalition, embedding it in the lobbying and standards-setting layer that governs eSAF market structure.
Arcadia eFuels firmographics
Firmographics- Name
- Arcadia eFuels
- Legal name
- Arcadia eFuels Vordingborg ApS
- Website
- https://arcadiaefuels.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Arcadia eFuels is a Copenhagen-based Power-to-Liquid producer, founded in 2021, that manufactures carbon-neutral eSAF, eDiesel, eNaphtha, and LPG from green hydrogen and captured CO2 via Fischer-Tropsch synthesis, serving airlines and fuel aggregators under EU, UK, and US synthetic-fuel mandates.
- Ownership category
- akta.pro rank
Arcadia eFuels industry classification
Industry- Product category
- Synthetic Sustainable Aviation Fuel (eSAF / Power-to-Liquid eFuels)
- NAICS
- Petroleum Refineries (32411), Petrochemical Manufacturing (32511)
- SIC
- Petroleum Refining (2911), Industrial Organic Chemicals (2860)
- akta.pro primary industry
- E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane) (EUABAIAA)
- akta.pro secondary industries
- Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD), E-fuels Storage & Blending (E-diesel, E-kerosene/SAF, E-gasoline) (EUAFAFAC)
Keywords
Where Arcadia eFuels is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices3 records
Markets served
Arcadia eFuels business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Technology or R&D, Personnel, Supply Chain, Operations
Revenue model
- eSAF (electro sustainable aviation fuel) sales: Revenue is generated from the sale of eSAF (e-kerosene) produced at commercial-scale plants. eSAF is sold directly to airlines and fuel suppliers under long-term offtake agreements, aligned with EU ReFuelEU Aviation mandates requiring synthetic fuel blending. The first commercial plant in Vordingborg, Denmark (Project ENDOR) will produce approximately 80,000 tonnes of eFuels annually.
- eDiesel sales: Revenue from production and sale of eDiesel (synthetic diesel) which meets ASTM D975 and EN15940 standards. Sold as a drop-in replacement for fossil diesel to transportation operators.
- eNaphtha and LPG sales: Production of eNaphtha and LPG as additional outputs from the eFuels synthesis process.
- EU Innovation Fund grant: Project ENDOR received support from the EU Innovation Fund, which provides capital and operating cost support to bridge the gap for first-of-a-kind projects. This is non-dilutive funding supporting project development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | No public pricing tiers available |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Arcadia eFuels product offering
Product offeringCore offering
Arcadia eFuels designs, builds, and operates commercial-scale Power-to-Liquid (PtX) plants that produce carbon-neutral electrofuels—primarily eSAF (electro sustainable aviation fuel), eDiesel, eNaphtha, and LPG—by combining captured CO2 with green hydrogen (produced via electrolysis from renewable electricity) and converting the resulting syngas through Fischer-Tropsch synthesis. Each plant is designed to produce 80,000 tonnes (100 million liters / 28 million gallons) of eFuels per year, utilizing 260,000 tonnes of CO2 annually, and the output is sold as drop-in fuel to airlines, fuel suppliers, and transportation operators via long-term offtake agreements.
Product overview
Arcadia eFuels produces carbon-neutral electrofuels (eFuels) including eSAF, eDiesel, eNaphtha, and LPG through a Power-to-Liquid (PtX) process. The company captures CO2 from air or industrial sources, combines it with green hydrogen produced via electrolysis from renewable electricity, and processes the syngas through Fischer-Tropsch synthesis to create drop-in fuels compatible with existing engines and infrastructure. The flagship Project ENDOR in Denmark targets 80,000 tonnes/year of eFuels production.
Differentiator
Problem solved
Functional benefit
Brands
- Project ENDOR: Flagship eSAF production facility in Vordingborg, Denmark - expected to produce 80,000 tonnes/year of eFuels
- Project ARC
- Project SkyPower
Products and services
- eSAF (Electro Sustainable Aviation Fuel) Carbon-neutral electro sustainable aviation fuel (eSAF) produced from captured CO2 and green hydrogen via electrolysis and Fischer-Tropsch synthesis. Complies with ASTM D7566 (FT-SPK) and can be blended up to 50% into fossil jet fuel for use in existing aircraft engines without modification. Targeted at commercial airlines and fuel suppliers seeking to comply with EU ReFuelEU Aviation and UK SAF Mandate blending requirements.
- eDiesel Carbon-neutral synthetic diesel produced via Arcadia's eFuels process. Meets ASTM D975 and European standard EN15940, serving as a drop-in replacement for conventional diesel without engine modifications. Targeted at transportation operators in hard-to-electrify sectors such as long-haul trucking and shipping.
- eNaphtha Electro-fuel naphtha produced from captured CO2 and green hydrogen for use in petrochemical and aviation sectors. A co-output of the Fischer-Tropsch eFuels synthesis process.
- LPG (Liquefied Petroleum Gas) Electro-fuel LPG produced as a byproduct of the eFuels synthesis process for various industrial and energy applications.
- Project ENDOR (Vordingborg eFuels Plant) Arcadia eFuels' flagship commercial-scale eSAF/eFuels production facility under construction in Vordingborg, Denmark. Designed to produce approximately 80,000 tonnes (100 million liters / 28 million gallons) of eFuels annually, utilizing 260,000 tonnes of CO2 per year. Production expected from mid-2026, supported by the EU Innovation Fund grant (signed March 2026) with FEED completed and environmental permits secured.
- Project ARC (Texas eFuels Plant) Arcadia eFuels eFuels production project in Portland / Corpus Christi, Texas, USA. Awarded $14.6 million in US Department of Energy funding in August 2024 for development of eSAF production capacity.
Quantifiable outcome
- 260,000 tonnes of CO2 emissions avoided per year per plant
- +5 more outcomes
Companies that use Arcadia eFuels
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Arcadia eFuels technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Arcadia eFuels partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and supporting.
- European eSAF Coalition (with INERATEC, Norsk e-Fuel, SkyNRG, ZAFFRA)coreArcadia eFuels joined INERATEC, Norsk e-Fuel, SkyNRG, and ZAFFRA to launch the European eSAF Coalition, calling on EU institutions, national governments, and NATO partners to make eSAF a strategic priority for energy security, industrial competitiveness, and defense readiness. Together they represent a multi-billion-euro eSAF opportunity across France, Germany, Nordics, Spain, and key aviation hubs.
- ATOBA EnergycoreArcadia eFuels signed a Memorandum of Understanding with ATOBA Energy to supply neat synthetic sustainable aviation fuel (eSAF). The agreement outlines that ATOBA would procure up to 150,000 tonnes of eSAF from each Arcadia eFuels project over 10 years, eliminating at least 400,000 tonnes of CO2. This is a major offtake partnership supporting project bankability.
- Hitachi EnergycoreHitachi Energy and Arcadia eFuels signed a definitive EPC (Engineering, Procurement, and Construction) agreement to provide the complete electrical infrastructure for the Vordingborg eSAF facility. Hitachi Energy provides battery energy storage system (BESS), full grid connection, system engineering, procurement, installation, and commissioning. The plant will operate entirely on renewable electricity.
- H2Global FoundationsupportingArcadia eFuels participated in the launch of the H2Global Solutions Lab, an initiative to adapt the double-auction mechanism to aviation, shipping, and chemicals sectors. Arcadia contributed suggestions on ensuring greater offtake certainty and price transparency via the double-auction mechanism.
- Blue Water ShippingsupportingArcadia eFuels partnered with Blue Water Shipping for CO2 transport for the eSAF facility in Vordingborg, Denmark. Blue Water handles the transport of liquid CO2 as part of the production supply chain.
- Project SkyPowercoreProject SkyPower is a coalition co-led by Arcadia CEO Amy Hebert that brings together the eSAF value chain. Arcadia contributed to Project SkyPower's formal response to the European Commission's EU Aviation Strategy consultation and supports the double-sided auction pilot mechanism. Arcadia's Project ENDOR is a centerpiece of the Project SkyPower Accelerators program.
- Technip Energies, Topsoe, Sasol, Veolia, BNP ParibassupportingNamed as invaluable partners in Arcadia's 2025 year-in-review, spanning technology providers (Technip Energies, Topsoe, Sasol), infrastructure (Veolia), and financial advisory (BNP Paribas). These partnerships support various aspects of project development, financing, and production.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Arcadia eFuels competitors and assessment
Company assessmentDirect peers
- Norsk e-Fuel: Norwegian Power-to-Liquid eSAF/eFuels developer building commercial-scale plants using captured CO2 and green hydrogen. Direct competitor to Arcadia in European eSAF capacity targeting the same ReFuelEU mandate.
- INERATEC: German e-fuels company developing containerized Power-to-Liquid plants producing synthetic fuels from CO2 and green hydrogen. Direct technology and product peer, fellow European eSAF Coalition member.
- HIF Global: Chile-headquartered e-fuels company developing commercial-scale eGasoline, eDiesel, and eSAF plants using green hydrogen. Direct peer in e-fuel category with similar technology stack and multi-region rollout ambitions.
- SkyNRG: Dutch sustainable aviation fuel company with deep airline offtake expertise and Project SkyPower co-leadership role. Comparable in SAF market positioning; overlapping in eSAF focus, though historically more bio-feedstock oriented.
- LanzaTech: Carbon-to-fuels company converting captured CO/CO2 into ethanol and SAF via gas fermentation. Competes in the carbon-to-fuel decarbonization narrative; complementary to Fischer-Tropsch PtX.
Broad incumbents
- Sasol ecoFT: Established Fischer-Tropsch technology leader and operator of commercial GTL facilities. Provides both technology and partnership capability to the eSAF value chain; Arcadia VP Janita Naidoo previously led FT catalyst business at Sasol.
- Topsoe: Major technology provider of Fischer-Tropsch catalysts and process know-how for synthetic fuels. Direct enabling incumbent for PtX-to-FT pathways and named Arcadia partner.
Emerging players
- Sunfire: German Power-to-Liquid and alkaline electrolyzer company developing eSAF and eDiesel projects. Comparable technology stack and European eSAF mandate focus, though primarily a technology/equipment provider.
- Zero Petroleum: UK-based synthetic fuel startup developing eSAF using direct air capture and renewable power. Comparable early-stage UK eSAF peer; former employer of Arcadia VP Corporate Development Prasanna Kannan.
Others
- ATOBA Energy: SAF offtake aggregator and intermediary connecting producers with airline demand. Named offtake partner to Arcadia under the 150,000-tonne MoU; functions as a key customer/distribution intermediary rather than direct producer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Arcadia eFuels social profiles
Digital presenceArcadia eFuels financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arcadia eFuels leadership team
Management profileNumber of profiles
Profiles15 records
Arcadia eFuels subsidiaries and ownership
Company hierarchySubsidiaries1 record
Arcadia eFuels funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arcadia eFuels 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 Arcadia eFuels
What does Arcadia eFuels do?
Arcadia eFuels designs, builds, and operates commercial-scale Power-to-Liquid (PtX) plants that produce carbon-neutral electrofuels—primarily eSAF (electro sustainable aviation fuel), eDiesel, eNaphtha, and LPG—by combining captured CO2 with green hydrogen (produced via electrolysis from renewable electricity) and converting the resulting syngas through Fischer-Tropsch synthesis. Each plant is designed to produce 80,000 tonnes (100 million liters / 28 million gallons) of eFuels per year, utilizing 260,000 tonnes of CO2 annually, and the output is sold as drop-in fuel to airlines, fuel suppliers, and transportation operators via long-term offtake agreements.
Is Arcadia eFuels a public or private company?
Arcadia eFuels is a private company. It is classified as venture growth investor backed and is currently operating.
When was Arcadia eFuels founded?
Arcadia eFuels was founded in 2021. It employs 11 to 50 people.
Where is Arcadia eFuels based?
Arcadia eFuels is headquartered in Copenhagen, Denmark, in the Europe region.
How does Arcadia eFuels make money?
Four revenue lines are on record. eSAF (electro sustainable aviation fuel) sales are the primary driver. The others are eDiesel sales, eNaphtha and LPG sales and EU Innovation Fund grant.
Who are Arcadia eFuels's main competitors?
Direct peers on record are Norsk e-Fuel, INERATEC, HIF Global, SkyNRG and LanzaTech. Broad incumbents are Sasol ecoFT and Topsoe. Emerging players are Sunfire and Zero Petroleum. ATOBA Energy is listed as an others.
Does Arcadia eFuels have an API?
No public API is recorded for Arcadia eFuels.
What industry is Arcadia eFuels in?
Arcadia eFuels's product category is Synthetic Sustainable Aviation Fuel (eSAF / Power-to-Liquid eFuels). 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 EUABAJAD, Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass). Its NAICS code is 32411 and its SIC code is 2911.