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HIF Global receives environmental permit authorizing, construction and operation at first U.S. eFuels facility

HIF Global, the world’s leading eFuels company, today announced receipt of the Texas Commission on Environmental Quality (TCEQ) Air Quality Permit authorizing the construction and operation of the HIF Matagorda eFuels facility in Matagorda County, Texas. The permit completes the review of the facilities design and proposed operation which when operated under the permit parameters demonstrates compliance with the U.S. Environmental Protection Agency (EPA) regulations on Standards of Performance for New Stationary Sources.

When operational, the HIF Matagorda eFuels Facility will produce carbon-neutral shipping fuel and gasoline that can be dropped-in to vehicles in use today without any modification to existing engines or the infrastructure on which they depend.

Meg Gentle, Executive Director of the Board of HIF Global said, “In December our eFuels facility in southern Chile began production of eGasoline, showing the world that carbon-neutral eFuels go straight into existing car engines to decarbonize the infrastructure we use every day. In Texas, we are taking eFuels to the next level of commercial scale, and we are now permitted to construct themlargest eFuels facility in the world, to produce approximately 200 million gpy of shipping fuel and eGasoline, the equivalent of decarbonizing over 400,000 cars on the road today.”

The carbon-neutral shipping fuel and gasoline will be produced by utilizing approximately 2 million tons of recycled carbon dioxide and combining it with approximately 300,000 tons of green hydrogen separated from water using renewable electricity. HIF Global expects to produce approximately 200 million gpy of carbon-neutral shipping fuel and eGasoline by 2027, with the potential to decarbonize over 400,000 vehicles. HIF Global estimates creating approximately 4,500 direct jobs during the construction phase, which is expected to begin in 2024, and more than 100 permanent operating jobs.

Renato Pereira, CEO of HIF USA, said, “eFuels are decarbonizing the transportation sector now and will reach commercial scale at the HIF Matagorda eFuels Facility. We thank the TCEQ for maintaining a thorough and efficient regulatory review process. Receipt of this initial authorization enables HIF to begin construction in Texas as soon as the engineering, commercial contracting, and financing are complete, which we expect in 2024.”

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