STOCK TITAN

Sustainable Aviation Buyers Alliance Members Back Next-Generation Sustainable Aviation Fuel Production with Long-Term Purchase Commitments

Long-term SAF certificate commitments support Infinium’s Project Atlas and position American Airlines as the physical offtaker for ultra-low carbon aviation fuel.

(Neutral)
(Positive)
Tags

American Airlines (AAL) will serve as physical offtaker for sustainable aviation fuel from Infinium's planned Project Atlas facility.

Members of the Sustainable Aviation Buyers Alliance have entered into binding, multi-year commitments to purchase sustainable aviation fuel certificates (SAFc) tied to Project Atlas, a Texas-based eSAF plant expected to produce approximately 100,000 metric tons of SAF per year. Contracted volumes are expected to support more than 212,000 mtCO2e of greenhouse gas abatement. SABA has now aggregated $500 million in SAFc demand from over 35 companies, providing long-term offtake signals that can help Infinium reach final investment decision and secure financing to build the facility, while American manages fuel delivery and logistics.

Loading...
Loading translation...

Positive

  • Project Atlas eSAF capacity expected at approximately 100,000 metric tons of SAF annually
  • Contracted volumes expected to abate over 212,000 mtCO2e of emissions
  • $500 million in aggregated SAFc demand from more than 35 SABA member companies
  • Binding, multi-year offtake agreements improve Infinium’s ability to reach final investment decision and secure financing
  • American Airlines designated as physical offtaker and logistics manager for SAF under this deal

Negative

  • Sustainable aviation fuel supply remains limited and priced at a significant premium to conventional jet fuel

News Explained

Binding SAFc commitments support financing efforts, but Project Atlas remains before final investment decision and financing.

SABA members' binding, multi-year SAFc commitments give Infinium contracted demand for Project Atlas, but the facility remains planned and still needs a final investment decision and financing.

Under the release's book-and-claim model, buyers purchase SAFc and claim the associated environmental benefits even when the fuel does not flow into their employees' or freight's planes; American Airlines takes physical delivery and facilitates allocation of the related Scope 3 reductions.

Market Context

The Aug 06 Infinium eSAF flight announcement was followed by a -3.32% 24-hour reaction; that directl...
Analysis

The Aug 06 Infinium eSAF flight announcement was followed by a -3.32% 24-hour reaction; that directly relevant precedent involved a completed flight, while this announcement concerns Project Atlas offtake commitments.

Key Figures

Aggregated SAFc demand: $500 million Participating member companies: over 35 member companies Project Atlas production: approximately 100,000 metric tons annually +1 more
Aggregated SAFc demand
$500 million
SABA demand aggregated to date
Participating member companies
over 35 member companies
SABA demand aggregation
Project Atlas production
approximately 100,000 metric tons annually
Expected sustainable aviation fuel production
Greenhouse gas abatement
over 212,000 mtCO2e
Expected abatement from contracted volumes

Historical Context

1 past event · Latest: Aug 06
1 event
  1. Aug 06

    eSAF flight milestone

    24h Move
    -3.3%

    Completed first U.S. commercial-airport delivery of non-biobased eSAF for an American flight

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

book and claim model, scope 3, rfnbo
3 terms
book and claim model technical
"SABA procurements use a book and claim model"
A book and claim model is a tracking system that separates physical goods from certificates documenting attributes like renewable origin, emissions reductions, or sustainability credentials. Producers register certificates in a ledger (“book”) and buyers purchase those certificates (“claim”) to legally assert the associated attribute without taking physical delivery. Investors care because these certificates affect corporate reporting, compliance, and reputation—similar to buying a receipt that proves an environmental claim even when the actual product comes from a different source.
scope 3 technical
"allocation of the associated Scope 3 emission reductions"
Scope 3 describes all greenhouse gas emissions that occur upstream and downstream of a company’s direct operations—things like emissions from suppliers, transportation, product use, and disposal. Think of it as the hidden carbon footprint tied to everything a business buys, sells, or enables; it matters to investors because these indirect emissions can drive regulatory costs, supply-chain disruption, consumer preference shifts, and long-term valuation risk that aren’t visible on a company’s factory floor or utility bill.
rfnbo regulatory
"sell RFNBO compliant eSAF from the facility into European regulatory markets"
RFNBO stands for renewable fuels of non‑biological origin, meaning energy carriers made by using renewable electricity (for example, green hydrogen or synthetic fuels) rather than plant or animal feedstocks. Investors should care because RFNBOs sit at the intersection of clean‑energy policy, subsidies and industrial demand: they can change a project’s eligibility for incentives, affect carbon profiles and create new markets, so they influence revenue potential, permitting risk and long‑term asset value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Advance purchase commitments from AVEVA, Bain & Company, Google, McKinsey, and others support Infinium's Project Atlas, a Texas-based planned facility expected to produce up to 100,000 metric tons of high-integrity sustainable aviation fuel per year.

WASHINGTON, Sept. 22, 2026 /PRNewswire/ -- The Sustainable Aviation Buyers Alliance (SABA) today announced commitments from members to purchase sustainable aviation fuel certificates (SAFc) associated with Infinium Energy's Project Atlas, an eSAF facility expected to produce approximately 100,000 metric tons of SAF annually, providing the long-term structured contracts that are catalytic to securing project financing.

The groundbreaking results of SABA's latest procurement were supported by leading member organizations, including AVEVA, Bain & Company, Google, McKinsey, and others, and mark an important addition to SABA's market model. Through exclusive focus on supporting projects toward final investment decision, this procurement represents a first-ever application of SABA's approach to drive new production of highly scalable, high-integrity SAF. Infinium submitted its winning proposal jointly with American Airlines, which will take physical delivery of the fuel and oversee fuel logistics. Contracted volumes under these agreements are expected to support greenhouse gas abatement of over 212,000 mtCO2e, equivalent to the emissions of over 3,500 JFK to LAX commercial flights.

"Reducing emissions from business travel is an important part of our sustainability efforts," said Isabelle Schuhmann, Global Director of Environmental Sustainability at McKinsey. "By supporting next-generation sustainable aviation fuel, this purchase helps advance a promising solution for decarbonizing aviation at scale, while enabling the travel that is essential to serving our clients."

Aviation currently accounts for approximately 2-3% of global greenhouse gas emissions, yet SAF supply remains limited and at a significant premium to conventional jet fuel. Infinium, which was selected through SABA's procurement process earlier this year, produces ultra-low carbon eSAF at commercial scale using waste CO₂ and renewable energy, converting captured carbon into drop-in aviation fuel compatible with existing aircraft and infrastructure. 

"We're proud to partner with SABA members including AVEVA, Bain & Company, Google, McKinsey, and others, as well as American Airlines to bring Infinium Energy's next world scale eSAF facility to life," said Robert Schuetzle, CEO at Infinium. "Their commitment reflects a shared conviction that decarbonizing aviation requires real investment in next-generation supply."

"The companies purchasing SAF certificates through this agreement are demonstrating the leadership needed to help scale a critical solution for aviation," said American's Chief Sustainability Officer Jill Blickstein. "Their commitments broaden participation in the SAF market, support investment in new production and show how customers can work alongside airlines and fuel producers to advance aviation decarbonization."

SABA procurements use a book and claim model that allows corporate customers to invest in SAF and claim the associated environmental benefits, even when the fuel does not flow directly into the planes their employees or freight fly on. Participating companies purchase SAFc, while the corresponding fuel is delivered to an aircraft operator. American Airlines will serve as the physical offtaker for the SAF purchased through this deal and facilitate the allocation of the associated Scope 3 emission reductions to SABA's participating members.

"Next-generation sustainable aviation fuels have tremendous potential to transform aviation," said Sam Israelit, Chief Sustainability Officer at Bain & Company. "High-integrity market mechanisms can help translate corporate demand into the long-term investment signals needed to bring these technologies to commercial scale."

While the SAF market is growing rapidly, more investment is needed, especially for the next generation technologies the aviation sector requires to meet its long-term decarbonization goals. SABA helps accelerate future supply by aggregating SAF demand from corporate buyers and channeling it into offtake agreements with SAFc suppliers who meet rigorous sustainability criteria. SABA's next generation SAF procurement was specifically designed to drive investment into the innovative new technologies needed to bring scalable supply to the market in the years to come.

"Long-term, bankable offtake is often the missing puzzle piece that keeps new SAF plants from getting financed and built," said Kim Carnahan, GMA CEO and Head of SABA Secretariat. "We're thrilled to be working with our SABA members, Infinium, and American Airlines to fill this need and help get more ultra-low carbon aviation fuel to the market."

"We already know innovation can take us much further, faster, but only if we create the conditions for it to scale," said Jon Creyts, CEO of RMI. "Novel technologies are critical to meeting future demand for sustainable aviation fuel, but they will not be operational in time without investments made today. This procurement demonstrates how aggregated, long-term demand can help take promising eSAF projects from idea to reality."

To date, SABA has aggregated $500 million in demand for SAFc from over 35 member companies, driving needed investment toward sustainable aviation fuels. SABA's procurements are supported by robust market infrastructure, including the SAFc Registry, SAFc Accounting and Reporting Guidance, and SABA's Sustainability Framework. Combined, these tools ensure high-integrity transactions across the market. Recent guidance from standard setting organizations, including the Science-based Targets initiative, has recognized environmental attribute certificates from book and claim systems, like SAFc, as a legitimate tool for decarbonizing hard-to-abate value chain emissions.

With the binding, multi-year offtake agreements from SABA customers in hand, Infinium is well positioned to advance to final investment decision and secure financing to build the facility. In addition to serving voluntary customers, Infinium also plans to sell RFNBO compliant eSAF from the facility into European regulatory markets.

"eFuels represent one of the most sustainable pathways to help decarbonize aviation — but they are more expensive to produce," said Fred Krupp, president of Environmental Defense Fund. "Deals like this one prove that high-integrity e-SAF is investable today, not just in theory. The next test is turning early demand signals like SABA's into the long-term policy and financing conditions that will enable e-SAF suppliers to scale beyond a single project."

Plans for SABA's next procurement are already underway, offering future opportunities for companies to purchase and apply SAFc to their climate targets.

Media inquiries please contact:

Alison Greene, Communications Manager alison.greene@gmacenter.org 

About the Sustainable Aviation Buyers Alliance (SABA)
The Sustainable Aviation Buyers Alliance (SABA) is a joint initiative of Environmental Defense Fund, the Center for Green Market Activation (GMA) and RMI focused on accelerating the path to net-zero aviation by driving investment in, and adoption of, high-integrity sustainable aviation fuel (SAF) and supporting companies, airlines, and freight customers in achieving their climate goals. More information on SABA can be found at www.flysaba.org or follow us on LinkedIn.

About Infinium
Infinium is reimagining how the world powers, moves, and computes. Through Infinium Energy™, the company transforms waste carbon into ultra-low carbon eFuels that decarbonize aviation, industry, and transport. Through Infinium Edge™, Infinium advances next-generation thermal infrastructure for data centers, removing heat as a constraint to enable more efficient, high-performance computing. Grounded in deep chemistry and energy systems expertise, Infinium's platforms turn carbon and heat from limits into opportunities.

About American Airlines Group (NASDAQ: AAL)
American Airlines is a premium global airline connecting more of the U.S. to the world. With roots tracing back to an air mail carrier in the Midwestern United States in 1926, American now operates more than 6,000 daily flights to more than 350 destinations in more than 60 countries and serves more than 200 million customers annually. Powered by a proud and talented team of 130,000 aviation professionals, American's team lives out the airline's purpose of caring for people on life's journey every day.

The world's largest airline proudly celebrates its centennial year in 2026, reaching a milestone that reflects a century of innovation and the Forever Forward℠ spirit that changed the industry and the world. American introduced the first scheduled air cargo service, the first airport lounge and the first airline loyalty program and continues to reinvent the customer experience today. The airline is also a founding member of the oneworld alliance, whose members serve more than 900 destinations around the globe.

Get the latest about American at news.aa.com and @AmericanAir.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sustainable-aviation-buyers-alliance-members-back-next-generation-sustainable-aviation-fuel-production-with-long-term-purchase-commitments-302885484.html

SOURCE Sustainable Aviation Buyers Alliance

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Infinium’s Project Atlas and where will it be located?

Project Atlas is a planned Infinium Energy eSAF facility in Texas that is expected to produce approximately 100,000 metric tons of ultra-low carbon sustainable aviation fuel per year. It will use waste CO₂ and renewable energy to produce drop-in aviation fuel compatible with existing aircraft and infrastructure.

How does SABA’s sustainable aviation fuel certificate (SAFc) model work?

SABA uses a book-and-claim system in which corporate customers buy sustainable aviation fuel certificates, while the corresponding fuel is delivered to an aircraft operator. This allows buyers to claim associated environmental benefits even when the fuel does not flow into the planes their employees or freight fly on, with American Airlines serving as the physical offtaker and allocating Scope 3 emission reductions to participating members.

How does SABA support future sustainable aviation fuel supply growth?

SABA aggregates SAF demand from corporate buyers and channels it into offtake agreements with SAFc suppliers that meet defined sustainability criteria. The next-generation procurement for Project Atlas was specifically designed to support projects approaching final investment decision, using long-term, bankable offtake commitments to help unlock project financing and expand scalable, high-integrity SAF supply.

What role will Infinium’s eSAF play in regulatory markets?

In addition to serving voluntary SAFc customers, Infinium plans to sell RFNBO-compliant eSAF from Project Atlas into European regulatory markets, alongside the volumes associated with SABA member demand.

Keep reading