SG Preston Northeast SAF Facility
USA
Unknown
Overview
Status
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Unknown
Region
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North America
Geography
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USA
State
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Pennsylvania
Equity Owner
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Proponent
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SGP BioEnergy (formerly known as SG Preston)
Output
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Renewable diesel
Sustainable aviation fuel
Type of electricty
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Capacity
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120 million gallon/year
Financing
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Technology
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Technical Advisors
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Advisors
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Project Contact
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Randy Delbert Letang, CEO of SG Preston
Lawyers
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Project Cost
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$ 400m
Offtaker
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JetBlue, 10 years, 670 million gallons
Commercial Operations Date
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2023
Decommission Date
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FID
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Description
A facility in the Northeast to produce SAF at a large scale.
SGP BioEnergy’s HEFA- (hydro-processed esters and fatty acids) based renewable jet fuel will be sustainably produced from waste fats, oils, greases, and non-food oilseeds.
In September 2021, JetBlue announced plans an offtake agreement with SGP BioEnergy, with expected delivery by the end of 2023. The offtake agreement is over a 10-year period, during which SGP BioEnergy is expected to deliver at least 670 million gallons of blended SAF to JetBlue to fuel its flight operations at JFK, LGA and EWR.
JetBlue expects to invest more than $1 billion in purchasing SAF over the term of this agreement.