SWEN Capital completed an investment in ETFuels.

SWEN Capital, an asset management firm, completed an investment in ETFuels, an off-grid green fuel production model. Financial terms were not disclosed. “Decarbonising the hard-to-abate sectors such as heavy transport has been our mission since 2019. We are strong believers in the ETFuels team's ability to deliver an ambitious pipeline of projects to decarbonize the shipping industry. We are delighted to team up with ETFuels which has assembled strong expertise under Lara Naqushbandi’s leadership and is leading the way of sustainable shipping fuels,” Olivier Aubert, SWEN Capital Managing Director.