The Endor project in Vordingborg, Denmark, developed by Arcadia eFuels, has signed a long-term purchase agreement for sustainable synthetic aviation fuel (eSAF) with the energy company Uniper. Uniper will purchase 40,000 tonnes of eSAF annually over more than ten years – half of the planned annual production. The secured contract is one of the largest eSAF offtake agreements announced to date in Europe. The Energy Transition fund KGAL ESPF 6 is involved in the Endor project.
Deliveries are scheduled to begin in the early 2030s, as soon as the production facility has started commercial operations. The agreed delivery volume corresponds to the annual fuel requirement of around 1,000 flights of a Boeing 787-9 between Düsseldorf and Abu Dhabi.
"This is an important milestone for Project Endor and one of the first offtake agreements of this magnitude for eSAF in Europe," says Thomas Engelmann, Head of Energy Transition at KGAL Investment Management. "The agreement with Uniper brings the project a big step closer to financial close."
Long-term purchase creates investment security
Project Endor is expected to produce up to 80,000 tons or around 100 million liters of eSAF annually. The starting materials are renewable electricity, locally produced green hydrogen and captured carbon dioxide. Compared to conventional kerosene, the fuel can reduce greenhouse gas emissions by up to 98 percent over the entire life cycle. The eSAF is designed to meet the requirements of the EU regulation ReFuelEU Aviation as well as the criteria for renewable fuels of non-biogenic origin (RFNBO).
"With Uniper, Endor gains an experienced energy partner and a long-term customer. The agreement confirms our concept and brings us much closer to industrial-scale production. Europe needs additional eSAF capacities – together with Uniper, we are creating a concrete basis for this," says Amy Hebert, CEO of Arcadia eFuels.
Further milestones in project development
The offtake agreement follows further key development steps. Arcadia eFuels received environmental approval for the plant in 2025 and signed a funding agreement from the EU Innovation Fund in March 2026. The long-term offtake agreement now strengthens the commercial basis for financing, construction and commissioning.
KGAL ESPF 6 has been involved in Project Endor since 2023. The Article 9 SFDR Fund is aimed at institutional investors and invests in Energy Transition projects in the European Union and the United Kingdom.
