Nacero will transition its multi-billion USD facility in Texas to SAF Facility

30 March 2023

Nacero will transition its current pre-construction, multi-billion USD facility in Texas, designed to produce low carbon gasoline to the production of sustainable aviation fuel (SAF) and lower carbon aviation fuel (LCAF).  When fully completed, Nacero’s facility in Texas will be the largest commercial scale facility in the US for producing SAF and LCAF utilizing TOPSOE’s MTJet™ technology.

[update May 2023] Nacero, Inc. announced today that its Nacero TX subsidiary has been invited by the U.S. Department of Energy (DOE) to submit a Part II application for a loan guarantee through the Loan Programs Office’s (LPO) Title XVII Innovative Clean Energy Loan Program for 75% of the capital needed for its multi-billion-dollar flagship SAF facility in Texas. When Nacero’s facility is completed, it will be the largest single commercial-scale methanol-to-jet facility in the world.

“Receiving an invitation to Part II of the DOE’s Title XVII Loan Program through the LPO is a major milestone towards achieving Final Investment Decision (FID) for Nacero’s flagship facility,” said Jess Cole, CFO of Nacero. “We have benefited greatly from the DOE’s guidance and have been impressed by the Department’s commitment to the decarbonization of the aviation industry through their support for the development of commercial-scale facilities. Part II success will contribute meaningfully to the overall financeability of our first project under a platform that aims to commercialize new technologies within the clean energy space to reduce emissions in hard-to-abate industries.”

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