GreenSinnergy and Axens Ink MoU to Boost SAF Projects in Argentina and the Region

GreenSinnergy and Axens Ink MoU to Boost SAF Projects in Argentina and the Region

William Faulkner 17-Jun-2025

GreenSinnergy and Axens have signed an MOU to develop sustainable aviation fuel (SAF) projects in Argentina and Latin America. The partnership combines GreenSinnergy's development leadership and Axens' clean fuel technologies, beginning with the Eco-Refinerías del Sur project in Argentina. The alliance aims to scale low-carbon aviation fuel production across the region.

GreenSinnergy GmbH, a developer of environmentally focused infrastructure projects, and Axens, a global leader in technologies and services for cleaner fuel production, have signed a Memorandum of Understanding (MOU) to advance sustainable aviation fuel (SAF) initiatives across Argentina and Latin America. This partnership aims to combine GreenSinnergy’s project development expertise with Axens’ technological capabilities to address the increasing demand for decarbonized aviation fuel solutions in the region.

Under the terms of the MOU, GreenSinnergy will spearhead the project planning and execution, while Axens will provide the licensed technologies crucial to SAF production. These include CO2 capture, hydrogen purification, Fischer-Tropsch synthesis, and the upgrading of final products like kerosene and naphtha. The joint efforts will initially center on the Eco-Refinerías del Sur project, a flagship SAF initiative in Chubut, Argentina. This will serve as a model for subsequent projects across Latin America.

The collaboration will focus on identifying and engaging potential stakeholders, ensuring regulatory compliance, acquiring required permits, establishing feedstock supply chains, and finalizing SAF offtake agreements. Additionally, the partners will work together to develop thorough cost assessments, covering capital expenditures (CAPEX) and operational expenditures (OPEX).

Carlos Villalba, Co-founder of GreenSinnergy, emphasized the transformative potential of the partnership, stating, “This strategic alliance with Axens marks a pivotal moment in our mission to convert the wind resources of Argentine Patagonia into next-generation sustainable aviation fuel. This move is vital in decarbonizing aviation, one of the most difficult sectors to transition. Axens' position as a global leader in clean fuels and carbon management brings unparalleled technical strength to this and future projects.”

Frédéric Balligand, Vice President of Renewables at Axens, added, “We are equipping GreenSinnergy with a comprehensive set of technologies, ranging from CO2 capture to SAF production, thereby eliminating technological uncertainties. With our global experience in energy transition projects, we are committed to supporting GreenSinnergy from the early planning stages through to final investment decisions and operational launch. This collaboration reflects our belief that partnerships are key to overcoming the complex challenges in advancing clean energy.”

The alliance highlights both companies’ shared vision to accelerate the development and deployment of sustainable, low-carbon fuel alternatives in the aviation sector, contributing meaningfully to the region’s broader energy transition goals.

Axens Group provides a comprehensive portfolio of solutions for transforming oil and biomass into cleaner fuels. Their offerings also include the production and purification of key petrochemical intermediates, plastic chemical recycling, natural gas processing and conversion, water treatment, and carbon capture technologies.

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