Mizuho successfully supported SkyNRG with the financing of Europe’s first plant dedicated solely to the production of Sustainable Aviation Fuel.
London, 11 February 2026: Mizuho EMEA, part of Mizuho Financial Group, one of the largest financial institutions in the world, today announces that it successfully supported SkyNRG with the financing of Europe’s first facility dedicated solely to the production of Sustainable Aviation Fuel (SAF).
Acting as Mandated Lead Arranger for the SkyNRG Delfzijl (DSL01) project financing facilities, Mizuho demonstrates its commitment to supporting the decarbonisation of the aviation industry.
Salvatore Ciccarelli, Co-Head of Infrastructure and Advisory, said: “We are pleased to support the SkyNRG Delfzijl project and continue our track record in first-of-a-kind financings for Energy Transition.
Financing DSL01 underlines Mizuho’s commitment to practical, scalable solutions for hard-to-abate sectors. By backing this facility, which leverages strong industry partnerships, we are helping to accelerate the supply of SAF and drive measurable emissions reductions across aviation.
Congratulations to Dexter Maitland, Head of Power and Energy Transition and the deal team here at Mizuho EMEA.””
DSL01 will be located at the Delfzijl chemical park in the north of the Netherlands. With the support of partners including Macquarie Asset Management, APG and KLM Royal Dutch Airlines, the facility will produce 100,000 tonnes of SAF each year.
SAF can reduce lifecycle GHG emissions by around 80% compared with fossil jet fuel.
SAF is a key driver for decarbonisation of the aviation industry in Mizuho’s transition plan. To promote SAF adoption worldwide, Mizuho is a founding member of the World Economic Forum’s “Green Fuel Forward” in APAC and first financial institution to join ACT FOR SKY in Japan.
The ReFuelEU Aviation Regulation aims to scale up SAF use across the EU, starting at 2% by2025 and rising to a minimum of 70% by 2050 to reduce aviation emissions.
About Mizuho EMEA
Mizuho EMEA provides corporates and institutions in the region with unparalleled access and expertise in Japan and Asia, and supports clients with their corporate and investment banking, and asset management needs. Headquartered in London and with a strong presence throughout the region, our client base includes leading corporations, financial institutions and state owned entities. Mizuho is deeply committed to serving client needs, enabling our people to flourish, and helping to improve society and communities where we do business.
Mizuho’s presence in EMEA is an integral part of the Japan-based Mizuho Financial Group, Inc. Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services through its subsidiaries. The group has over 900 offices and 60,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA, and Asia. As of 31 March2025, its total assets were US$2 trillion.
