BioEnergies Subfund
Financing waste, biomass and agricultural residues conversion into advanced fuels.
Biofuels as an immediate answer to climate change
The subfund targets industries processing waste, agricultural residues and biomass into 2nd and 3rd generation biofuels.
Target sectors
- BioDiesel / HVO
- Bio Jet Fuel / SPK / SAF
- Feedstock production and land rehabilitation
- Algae and advanced biomass facilities
Investment thesis
The fund aims to build a network of biofuel refineries through acquisition, creation of new sites and upgrade of fossil oil refineries into biofuel refineries.
Part of the investment strategy supports agricultural activities linked to carbon sequestration and biomass production.
Fund details

Market and technology
Advanced biofuels can be produced from animal fat, used cooking oil, biomass waste, fast-growing plants and algae. They contribute to a neutral carbon cycle and avoid competing directly with food value chains.
- HVO / Green Biodiesel
- SPK / Sustainable Aviation Fuel
- Green Naphtha for bioplastics
Bioenergies industry
Biomass and organic residues can be converted into crude bio-oil and refined into HVO, SPK and other sustainable products compatible with existing infrastructure and engines.
