Eni's Enilive and easyJet Join Forces for SAF Supply in Italy [Yahoo! Finance]
ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
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Source: Yahoo! Finance
The collaboration aligns with the companies' mutual ambition to decarbonize the aviation sector. Per the terms of the first agreement, Enilive will supply easyJet with SAF for flights from Milan Malpensa Airport, supporting routes to Norway (Oslo and Tromso) during the winter season. This SAF, comprising 20% pure SAF blended with conventional jet fuel, aligns with SEA's SAF Support Program 2024, which provides financial incentives of €800 per ton of SAF. Almost €500,000 has been allocated via the program to promote sustainable fuel usage at Milan's airports this year. Enilive and easyJet have also signed a Letter of Intent for an additional supply of approximately 30,000 tons of pure SAF between 2025 and 2030. This fuel will be used across multiple Italian airports where easyJet operates, further cementing the airline's commitment to sustainable aviation. Enilive's biorefineries in Italy primarily process waste feedstocks, such as used cooking oil and animal fats, to produce SAF
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- 12/11/24 - Form 6-K
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