Haffner Energy, a technology provider for clean fuels production from biomass, is seeking strategic and financial partners for its SAF-focused business, with the intent of spinning it off in a new entity named SAF Zero, of which Haffner Energy wants to remain a shareholder.
The firm is selling the SAF-related intellectual property behind two gas-producing technologies as well as a growing list of SAF project opportunities for the right strategic partner, Marcella Franchi, head of SAF at Haffner, said in an interview.
The biomass–to–SAF production sequence requires three or more steps, and the firm believes that those steps could take place under one company, Franchi said.
The spin-off will refocus Haffner Energy as a technology provider for the renewable hydrogen, syngas, and methanol markets.
As such, SAF Zero‘s portfolio will also include Haffner Energy’s ongoing project developments in France, Iceland, and additional as-yet undisclosed locations, Franchi said.
The IP for sale includes Haffner Energy’s thermolysis unit, which converts biomass to hydrogen-rich syngas and char; and its gasiliner, which converts char into more syngas.
The company said in a news release that the new entity will have an unfettered technology license in exchange for an upfront fee and royalties. Haffner would remain a shareholder in SAF Zero and provide support services.
