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From Pellets to Carbon-Negative SAF

February 24, 2025

BY Anna Simet

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EBRD considers providing $135 million loan to SAF project in Morocco

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The European Bank for Reconstruction and Development is considering providing a senior secured loan of up to $135 million to a sustainable aviation fuel (SAF) project under development in Morocco by Green Sky Capital Manara Ltd.

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Shell Aviation on Nov. 2 announced it has signed a long-term offtake agreement for sustainable aviation fuel (SAF) with Green Sky Manara LLC, a subsidiary of Green Sky Capital that is developing a proposed biorefinery in Morocco.

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The Massachusetts Port Authority (Massport) joined Delta Air Lines, elected officials, Shell Aviation and aviation stakeholders on Oct. 29 to mark a major milestone in sustainable aviation with the first barge delivery of SAF to Massachusetts.

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