What is HIF Global?
HIF Global is at the forefront of producing Highly Innovative Fuels (e-Fuels) derived from renewable energy, green hydrogen, and captured CO₂. The company's mission is to enable immediate decarbonization of the planet. With a vision to become the world's largest e-Fuels producer by 2035, HIF Global aims to produce 150,000 barrels per day, capture over 25 million tons of CO₂, and impact the usage of 5 million vehicles. Its operations are structured through wholly owned subsidiaries including HIF Chile, HIF USA, HIF Latam, HIF Asia Pacific, and HIF EMEA, with HIF Chile already operational in its Haru Oni plant.
How much funding has HIF Global raised?
HIF Global has raised a total of $296M across 2 funding rounds:
Other Financing Round
$260M
Private Equity
$36M
Other Financing Round (2022): $260M with participation from AME, Baker Hughes, Gemstone Investment, Porsche, and EIG
Private Equity (2024): $36M led by The Japan Oil, Gas and Metals National
Key Investors in HIF Global
The Japan Oil, Gas and Metals National
The Japan Oil, Gas and Metals National Corporation (JOGMEC) plays a crucial role in ensuring a stable supply of energy and mineral resources, aligning with HIF Global's mission to develop sustainable fuel solutions.
Porsche
Porsche, a renowned luxury automotive manufacturer, is investing in HIF Global, signaling a strategic interest in the future of sustainable mobility and e-Fuels technology.
EIG
EIG, a research and design company, is participating in HIF Global's funding round, indicating a focus on innovative solutions within the energy sector.
What's next for HIF Global?
The recent major strategic investment signals HIF Global's transition into a scaling phase, likely focusing on expanding its production capacity and global project pipeline. This capital will be instrumental in achieving its ambitious targets for e-Fuels production and CO₂ capture. The company's focus on securing significant enterprise-level funding indicates a strategic move towards large-scale industrial deployment, aiming to solidify its position as a dominant player in the sustainable fuels market and accelerate the global shift towards cleaner energy alternatives.
See full HIF Global company page
