VIENNA, Feb. 5, 2026 /PRNewswire/ — The OPEC Fund for International Development (The OPEC Fund) committed a record US$3.2 billion to development operations in 2025, the highest annual volume in the institution’s history, and a 39 percent increase year-on-year. Delivered through 76 operations worldwide, the results reflect strong delivery amid elevated demand for development financing as the OPEC Fund enters its 50ᵗʰ anniversary in 2026.

The record performance underscored the OPEC Fund’s expanding role in supporting partner countries to strengthen economic resilience, close critical infrastructure gaps, enhance food security, facilitate energy access and address climate-related challenges.

OPEC Fund President Abdulhamid Alkhalifa said: “As we mark our 50th year, the OPEC Fund does so from a position of strength. Our 2025 results demonstrate not only increased scale, but the maturity of our institution, the trust of our partners and the confidence of our member countries and investors. Building on five decades of experience, we are focused on financing that responds quickly, reaches further and delivers lasting impact for people and communities.”

In 2025, the OPEC Fund signed 35 public-sector operations, 26 private-sector operations and 15 grants across its financing windows. Public sector commitments supported government-led reforms, infrastructure investment and the delivery of essential services and global trade. Private-sector operations channeled through financial institutions and corporate lending promoted private sector growth, job creation and trade finance. Grant financing amounted to about US$7 million, supporting humanitarian assistance, energy access and priority social sectors.

Financing in 2025 was concentrated in sectors with high development impact. Transport and infrastructure accounted for the largest share, with approximately US$900 million committed to improving connectivity and logistics. Policy-based lending totaled US$865 million, supporting macroeconomic stability and reform implementation. Trade finance and financial sector operations together exceeded US$800 million, facilitating access to finance for small and medium-sized enterprises (SMEs) and the flow of essential goods. Additional investments supported agriculture and food systems, energy, water and sanitation, health and education, reflecting the OPEC Fund’s multisector mandate and strategic priorities.

The OPEC Fund’s 2025 commitments also reflected broad geographic reach with a strong focus on regions facing the most acute development needs. Sub-Saharan Africa accounted for the largest share, with combined commitments to Eastern and Southern Africa and West and Central Africa totaling approximately US$1.2 billion, or around 36 percent of total financing, and supporting infrastructure, economic resilience and essential services.

The Middle East, Europe and Central Asia received approximately US$849 million (around 26 percent), reflecting continued engagement in infrastructure investment and policy-based operations. Latin America and the Caribbean accounted for roughly US$556 million (about 17 percent), while Asia and the Pacific received approximately US$491 million (around 15 percent). The remaining commitments supported multiregional and global operations.

Entering the Golden Jubilee year

The 2025 results mark the start of the OPEC Fund’s Golden Jubilee year, to be commemorated throughout 2026 under the theme “Where Partnership Powers Progress.” The milestone year reaffirms five decades of development cooperation with partner countries and the OPEC Fund’s enduring mandate to support inclusive growth, resilience and tangible improvements in people’s lives around the world.

About the OPEC Fund

The OPEC Fund for International Development (the OPEC Fund) is a globally mandated development institution that provides financing from member countries to non-member countries exclusively. The organization works in cooperation with developing country partners and the international development community to stimulate economic growth and social progress in low- and middle-income countries around the world. The OPEC Fund was established in 1976 with a distinct purpose: to drive development, strengthen communities and empower people. Our work is people-centered, focusing on financing projects that meet essential needs, such as food, energy, infrastructure, employment (particularly relating to MSMEs), clean water and sanitation, healthcare and education. To date, the OPEC Fund has committed more than US$32 billion to development projects in over 125 countries with an estimated total project cost of more than US$240 billion. The OPEC Fund is rated AA+/Outlook Stable by Fitch and AA+, Outlook Stable by S&P. Our vision is a world where sustainable development is a reality for all.

Contact

The OPEC Fund for International Development, P.O. Box 995, 1011 Vienna, Austria – Telephone: +43-1-515 64-0, Fax: +43-1-513 92 38, www.opecfund.org

Logo – https://mma.prnewswire.com/media/2877053/The_OPEC_Fund_Logo.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/opec-fund-marks-50-anniversary-with-record-us3-2-billion-in-development-financing-302679424.html

SOURCE The OPEC Fund for International Development

LONDON, Feb. 4, 2026 /PRNewswire/ — Credence Research has released a new market intelligence report highlighting exceptional growth in the global Sustainable Aviation Fuel (SAF) Market. The market is projected to expand from USD 1.43 billion in 2024 to USD 53.63 billion by 2032, registering a remarkable CAGR of 57.33% during the forecast period. This rapid rise reflects the aviation industry’s urgent shift toward low-carbon fuel alternatives amid tightening global climate regulations.

Credence Research Logo

Sustainable aviation fuel has moved from pilot programs to large-scale commercial deployment as airlines seek to reduce lifecycle emissions without compromising engine performance or safety. Certified SAF blends enable carriers to decarbonize existing fleets while avoiding costly aircraft redesigns, positioning SAF as a critical lever in aviation’s net-zero roadmap.

Regulatory Pressure and Airline Commitments Driving Growth

Global regulatory frameworks continue to shape SAF demand. Governments across North America and Europe have introduced blending mandates, tax incentives, and carbon-credit mechanisms to accelerate adoption. Airlines respond with long-term procurement strategies and multi-year offtake agreements that support production scale-up and supply stability.

“Sustainable aviation fuel is no longer an optional sustainability initiative,” said Rohit Sharma, senior analyst at Credence Research. “It has become a strategic necessity for airlines facing strict emission targets and investor scrutiny. Regulatory alignment and airline commitments are creating a clear runway for large-scale SAF commercialization.”

Major carriers actively integrate SAF into fuel strategies, supported by government-backed incentives and growing public demand for cleaner travel. These factors collectively strengthen confidence across the aviation fuel value chain.

Browse the report and understand how it can benefit your business strategy  – https://www.credenceresearch.com/report/sustainable-aviation-fuel-market

Technology Innovation and Investment Momentum

Advanced fuel pathways play a central role in market expansion. HEFA technology dominates due to proven performance and wide feedstock availability, while alcohol-to-jet and gasification pathways gain momentum through improved efficiency and scalability. Power-to-liquid and synthetic fuel routes further expand long-term growth potential by reducing dependence on agricultural inputs.

Investment activity remains strong as public funding and private capital flow into new biorefineries and modular production facilities. Energy companies, airlines, and technology providers collaborate to accelerate deployment while reducing production costs.

“Investment confidence in SAF has strengthened significantly,” the analyst added. “Capital is flowing toward scalable technologies, multi-feedstock platforms, and regional fuel hubs that can support sustained global supply.”

Regional Market Performance

North America leads the Sustainable Aviation Fuel Market with an estimated 45% share, supported by early policy adoption, strong airline commitments, and expanding biorefinery capacity. Europe follows with approximately 30%, driven by strict emission mandates and coordinated airport-level SAF integration.

Asia Pacific holds nearly 20% of the market and continues to expand rapidly as airlines modernize fleets and governments promote green aviation initiatives. The Middle East and Africa represent a smaller share but show the fastest growth, backed by energy diversification strategies and large-scale infrastructure investment. Latin America strengthens its position through abundant biomass resources and growing interest in bio-jet production.

Read this report in different languages too-

https://www.credenceresearch.com/es/report/mercado-de-combustible-de-aviacion-sostenible

https://www.credenceresearch.com/fr/report/marche-des-carburants-daviation-durables

https://www.credenceresearch.com/de/report/markt-fur-nachhaltigen-flugkraftstoff

https://www.credenceresearch.com/ja/report/sustainable-aviation-fuel-market-ja

https://www.credenceresearch.com/ar/report/sustainable-aviation-fuel-market-ar

Competitive Landscape and Strategic Outlook

The Sustainable Aviation Fuel Market remains highly competitive, with producers, energy majors, and technology developers racing to secure long-term airline partnerships. Companies focus on expanding certified production capacity, improving lifecycle emission performance, and strengthening logistics networks near major aviation hubs.

Looking ahead, SAF adoption is expected to accelerate as airlines scale long-term commitments, governments tighten blending mandates, and digital carbon-tracking systems improve transparency. Expansion of synthetic fuel technologies, regional fuel hubs, and cross-sector partnerships will further shape the market through 2032.

Key players operating in the market include 

  • SkyNRG B.V.
  • Fulcrum BioEnergy
  • Gevo
  • Aemetis Inc.
  • AVFUEL CORPORATION
  • Preem AB
  • Sasol Limited
  • TotalEnergies
  • LanzaTech
  • Neste
  • World Energy, LLC

Recent Developments:

  • In February 2025, Neste and DHL Group collaborated to assess renewable fuel solutions, including HVO100 renewable diesel and sustainable aviation fuel. The initiative supported DHL’s net-zero emissions target for 2050. The partners aimed to establish a commercial model for procuring nearly 300,000 tons of unblended SAF annually by 2030.
  • Also in February 2025, Gevo and Axens expanded their partnership to accelerate SAF production through the ethanol-to-jet pathway. The collaboration combined Axens’ Jetanol technology with Gevo’s ethanol-to-olefins platform to speed commercialization.
  • In January 2025, Shell partnered with Yilkins to integrate proprietary technologies for improved sustainable aviation fuel production efficiency.
  • During January 2025, Topsoe signed an agreement with Chuangui New Energy Company. The deal covered technology licensing and services for producing SAF and renewable diesel.
  • In December 2024, Neste and Air New Zealand finalized an agreement to supply 30 million liters of unblended Neste MY Sustainable Aviation Fuel. This marked Air New Zealand’s largest SAF purchase to date. The fuel supply supports flights at Los Angeles and San Francisco airports through February 2026.
  • In January 2024, Lufthansa Group and TotalEnergies announced a strategic partnership to produce and supply up to 2 million tons of SAF annually by 2030. The agreement represented one of the aviation sector’s largest long-term SAF commitments.
  • In March 2024, AltAir Fuels completed the acquisition of World Energy. The transaction expanded AltAir’s production capacity to 110 million gallons per year, positioning the company among the largest SAF producers in the United States.
  • In May 2024, European Union Aviation Safety Agency approved the use of SAF derived from hydroprocessed esters and fatty acids across all aircraft engine types. This decision significantly expanded commercial SAF adoption beyond biofuel-specific aircraft.
  • In April 2025, Shell and Air New Zealand signed a memorandum of understanding to collaborate on SAF production and supply for domestic routes. The agreement targeted a reduction of airline carbon emissions by up to 20% by 2030.
  • In November 2025, LanzaJet began commercial operations at its Freedom Pines Fuels ATJ facility in Georgia. The plant produces 10 million gallons annually, supplying SAF to Delta Air Lines and Microsoft.
  • In July 2025, Indian Oil Corporation inaugurated a 10,000-ton-per-year SAF demonstration plant in Panipat. The project marked India’s first domestic sustainable aviation fuel production facility.

Segments:

Fuel Type

  • Biofuel
  • Hydrogen Fuel
  • Power-to-Liquid
  • Gas-to-Liquid

Technology

  • HEFA-SPK
  • FT-SPK
  • ATJ-SPK
  • Others (HFS-SIP, CHJ, Co-processing)

Application

  • Commercial Aviation
  • Business and General Aviation
  • Military Aviation
  • Unmanned Aerial Aviation / UAV

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Reasons to Purchase this Report:

  • Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion).
  • Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region.
  • Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years.
  • Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning.
  • Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions.
  • Benefit from Porter’s Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics.
  • Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years.

Browse the report and understand how it can benefit your business strategy  – https://www.credenceresearch.com/report/sustainable-aviation-fuel-market

Discover additional reports tailored to your industry needs

IoT In Aviation Market https://www.credenceresearch.com/report/iot-in-aviation-market
Aviation IoT Market https://www.credenceresearch.com/report/aviation-iot-market
Aviation MRO Software Market https://www.credenceresearch.com/report/aviation-mro-software-market
Aviation Asset Management Market https://www.credenceresearch.com/report/aviation-asset-management-market
Aviation Cloud Market https://www.credenceresearch.com/report/aviation-cloud-market
Aviation Crew Management System Market https://www.credenceresearch.com/report/aviation-crew-management-system-market
Aviation High Speed Motor Market https://www.credenceresearch.com/report/aviation-high-speed-motor-market
Aviation MRO Market https://www.credenceresearch.com/report/aviation-mro-market
Aviation Fuel Market https://www.credenceresearch.com/report/aviation-fuel-market
Domestic Aviation Market https://www.credenceresearch.com/report/domestic-aviation-market
General Aviation Engines Market https://www.credenceresearch.com/report/general-aviation-engines-market
5G Market in Aviation Market https://www.credenceresearch.com/report/5g-market-in-aviation-market
Multi-Mode Receiver Market https://www.credenceresearch.com/report/multi-mode-receiver-market
Head-Up Display (HUD) Market https://www.credenceresearch.com/report/head-up-display-market
Air Taxi Market https://www.credenceresearch.com/report/air-taxi-market
Power By The Hour Market https://www.credenceresearch.com/report/power-by-the-hour-market
Ground Power Unit (GPU) Market https://www.credenceresearch.com/report/ground-power-unit-gpu-market

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Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives.

Contact Us
Credence Research Inc, 
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Vishal Nahar, Pimple Nilakh,
Haveli,
Pune – 411027, India
Europe – +44 7453 598 606
North America – +1 304 308 1216
Australia – +61 4192 46279
Asia Pacific – +81 5050 50 9250
+64 22 017 0275
India – +91 6232 49 3207 
sales@credenceresearch.com 
www.credenceresearch.com

Logo: https://mma.prnewswire.com/media/2562161/Credence_Research_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/sustainable-aviation-fuel-market-to-surge-past-usd-53-6-billion-by-2032-as-airlines-accelerate-net-zero-commitments–credence-research-302679719.html

SOURCE Credence Research Inc.

LONDON, Feb. 4, 2026 /PRNewswire/ — Credence Research has released a new market intelligence report highlighting exceptional growth in the global Sustainable Aviation Fuel (SAF) Market. The market is projected to expand from USD 1.43 billion in 2024 to USD 53.63 billion by 2032, registering a remarkable CAGR of 57.33% during the forecast period. This rapid rise reflects the aviation industry’s urgent shift toward low-carbon fuel alternatives amid tightening global climate regulations.

Credence Research Logo

Sustainable aviation fuel has moved from pilot programs to large-scale commercial deployment as airlines seek to reduce lifecycle emissions without compromising engine performance or safety. Certified SAF blends enable carriers to decarbonize existing fleets while avoiding costly aircraft redesigns, positioning SAF as a critical lever in aviation’s net-zero roadmap.

Regulatory Pressure and Airline Commitments Driving Growth

Global regulatory frameworks continue to shape SAF demand. Governments across North America and Europe have introduced blending mandates, tax incentives, and carbon-credit mechanisms to accelerate adoption. Airlines respond with long-term procurement strategies and multi-year offtake agreements that support production scale-up and supply stability.

“Sustainable aviation fuel is no longer an optional sustainability initiative,” said Rohit Sharma, senior analyst at Credence Research. “It has become a strategic necessity for airlines facing strict emission targets and investor scrutiny. Regulatory alignment and airline commitments are creating a clear runway for large-scale SAF commercialization.”

Major carriers actively integrate SAF into fuel strategies, supported by government-backed incentives and growing public demand for cleaner travel. These factors collectively strengthen confidence across the aviation fuel value chain.

Browse the report and understand how it can benefit your business strategy  – https://www.credenceresearch.com/report/sustainable-aviation-fuel-market

Technology Innovation and Investment Momentum

Advanced fuel pathways play a central role in market expansion. HEFA technology dominates due to proven performance and wide feedstock availability, while alcohol-to-jet and gasification pathways gain momentum through improved efficiency and scalability. Power-to-liquid and synthetic fuel routes further expand long-term growth potential by reducing dependence on agricultural inputs.

Investment activity remains strong as public funding and private capital flow into new biorefineries and modular production facilities. Energy companies, airlines, and technology providers collaborate to accelerate deployment while reducing production costs.

“Investment confidence in SAF has strengthened significantly,” the analyst added. “Capital is flowing toward scalable technologies, multi-feedstock platforms, and regional fuel hubs that can support sustained global supply.”

Regional Market Performance

North America leads the Sustainable Aviation Fuel Market with an estimated 45% share, supported by early policy adoption, strong airline commitments, and expanding biorefinery capacity. Europe follows with approximately 30%, driven by strict emission mandates and coordinated airport-level SAF integration.

Asia Pacific holds nearly 20% of the market and continues to expand rapidly as airlines modernize fleets and governments promote green aviation initiatives. The Middle East and Africa represent a smaller share but show the fastest growth, backed by energy diversification strategies and large-scale infrastructure investment. Latin America strengthens its position through abundant biomass resources and growing interest in bio-jet production.

Read this report in different languages too-

https://www.credenceresearch.com/es/report/mercado-de-combustible-de-aviacion-sostenible

https://www.credenceresearch.com/fr/report/marche-des-carburants-daviation-durables

https://www.credenceresearch.com/de/report/markt-fur-nachhaltigen-flugkraftstoff

https://www.credenceresearch.com/ja/report/sustainable-aviation-fuel-market-ja

https://www.credenceresearch.com/ar/report/sustainable-aviation-fuel-market-ar

Competitive Landscape and Strategic Outlook

The Sustainable Aviation Fuel Market remains highly competitive, with producers, energy majors, and technology developers racing to secure long-term airline partnerships. Companies focus on expanding certified production capacity, improving lifecycle emission performance, and strengthening logistics networks near major aviation hubs.

Looking ahead, SAF adoption is expected to accelerate as airlines scale long-term commitments, governments tighten blending mandates, and digital carbon-tracking systems improve transparency. Expansion of synthetic fuel technologies, regional fuel hubs, and cross-sector partnerships will further shape the market through 2032.

Key players operating in the market include 

  • SkyNRG B.V.
  • Fulcrum BioEnergy
  • Gevo
  • Aemetis Inc.
  • AVFUEL CORPORATION
  • Preem AB
  • Sasol Limited
  • TotalEnergies
  • LanzaTech
  • Neste
  • World Energy, LLC

Recent Developments:

  • In February 2025, Neste and DHL Group collaborated to assess renewable fuel solutions, including HVO100 renewable diesel and sustainable aviation fuel. The initiative supported DHL’s net-zero emissions target for 2050. The partners aimed to establish a commercial model for procuring nearly 300,000 tons of unblended SAF annually by 2030.
  • Also in February 2025, Gevo and Axens expanded their partnership to accelerate SAF production through the ethanol-to-jet pathway. The collaboration combined Axens’ Jetanol technology with Gevo’s ethanol-to-olefins platform to speed commercialization.
  • In January 2025, Shell partnered with Yilkins to integrate proprietary technologies for improved sustainable aviation fuel production efficiency.
  • During January 2025, Topsoe signed an agreement with Chuangui New Energy Company. The deal covered technology licensing and services for producing SAF and renewable diesel.
  • In December 2024, Neste and Air New Zealand finalized an agreement to supply 30 million liters of unblended Neste MY Sustainable Aviation Fuel. This marked Air New Zealand’s largest SAF purchase to date. The fuel supply supports flights at Los Angeles and San Francisco airports through February 2026.
  • In January 2024, Lufthansa Group and TotalEnergies announced a strategic partnership to produce and supply up to 2 million tons of SAF annually by 2030. The agreement represented one of the aviation sector’s largest long-term SAF commitments.
  • In March 2024, AltAir Fuels completed the acquisition of World Energy. The transaction expanded AltAir’s production capacity to 110 million gallons per year, positioning the company among the largest SAF producers in the United States.
  • In May 2024, European Union Aviation Safety Agency approved the use of SAF derived from hydroprocessed esters and fatty acids across all aircraft engine types. This decision significantly expanded commercial SAF adoption beyond biofuel-specific aircraft.
  • In April 2025, Shell and Air New Zealand signed a memorandum of understanding to collaborate on SAF production and supply for domestic routes. The agreement targeted a reduction of airline carbon emissions by up to 20% by 2030.
  • In November 2025, LanzaJet began commercial operations at its Freedom Pines Fuels ATJ facility in Georgia. The plant produces 10 million gallons annually, supplying SAF to Delta Air Lines and Microsoft.
  • In July 2025, Indian Oil Corporation inaugurated a 10,000-ton-per-year SAF demonstration plant in Panipat. The project marked India’s first domestic sustainable aviation fuel production facility.

Segments:

Fuel Type

  • Biofuel
  • Hydrogen Fuel
  • Power-to-Liquid
  • Gas-to-Liquid

Technology

  • HEFA-SPK
  • FT-SPK
  • ATJ-SPK
  • Others (HFS-SIP, CHJ, Co-processing)

Application

  • Commercial Aviation
  • Business and General Aviation
  • Military Aviation
  • Unmanned Aerial Aviation / UAV

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Reasons to Purchase this Report:

  • Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion).
  • Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region.
  • Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years.
  • Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning.
  • Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions.
  • Benefit from Porter’s Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics.
  • Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years.

Browse the report and understand how it can benefit your business strategy  – https://www.credenceresearch.com/report/sustainable-aviation-fuel-market

Discover additional reports tailored to your industry needs

IoT In Aviation Market https://www.credenceresearch.com/report/iot-in-aviation-market
Aviation IoT Market https://www.credenceresearch.com/report/aviation-iot-market
Aviation MRO Software Market https://www.credenceresearch.com/report/aviation-mro-software-market
Aviation Asset Management Market https://www.credenceresearch.com/report/aviation-asset-management-market
Aviation Cloud Market https://www.credenceresearch.com/report/aviation-cloud-market
Aviation Crew Management System Market https://www.credenceresearch.com/report/aviation-crew-management-system-market
Aviation High Speed Motor Market https://www.credenceresearch.com/report/aviation-high-speed-motor-market
Aviation MRO Market https://www.credenceresearch.com/report/aviation-mro-market
Aviation Fuel Market https://www.credenceresearch.com/report/aviation-fuel-market
Domestic Aviation Market https://www.credenceresearch.com/report/domestic-aviation-market
General Aviation Engines Market https://www.credenceresearch.com/report/general-aviation-engines-market
5G Market in Aviation Market https://www.credenceresearch.com/report/5g-market-in-aviation-market
Multi-Mode Receiver Market https://www.credenceresearch.com/report/multi-mode-receiver-market
Head-Up Display (HUD) Market https://www.credenceresearch.com/report/head-up-display-market
Air Taxi Market https://www.credenceresearch.com/report/air-taxi-market
Power By The Hour Market https://www.credenceresearch.com/report/power-by-the-hour-market
Ground Power Unit (GPU) Market https://www.credenceresearch.com/report/ground-power-unit-gpu-market

Follow Us:

https://www.linkedin.com/company/credenceresearch/

https://x.com/CredenceResearc

https://www.facebook.com/CredenceResearch

About Us:

Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives.

Contact Us
Credence Research Inc, 
Tower C-1105 , S 25, Akash Tower,
Vishal Nahar, Pimple Nilakh,
Haveli,
Pune – 411027, India
Europe – +44 7453 598 606
North America – +1 304 308 1216
Australia – +61 4192 46279
Asia Pacific – +81 5050 50 9250
+64 22 017 0275
India – +91 6232 49 3207 
sales@credenceresearch.com 
www.credenceresearch.com

Logo: https://mma.prnewswire.com/media/2562161/Credence_Research_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/sustainable-aviation-fuel-market-to-surge-past-usd-53-6-billion-by-2032-as-airlines-accelerate-net-zero-commitments–credence-research-302679719.html

SOURCE Credence Research Inc.

LONDON, Feb. 4, 2026 /PRNewswire/ — Credence Research has released a new market intelligence report highlighting exceptional growth in the global Sustainable Aviation Fuel (SAF) Market. The market is projected to expand from USD 1.43 billion in 2024 to USD 53.63 billion by 2032, registering a remarkable CAGR of 57.33% during the forecast period. This rapid rise reflects the aviation industry’s urgent shift toward low-carbon fuel alternatives amid tightening global climate regulations.

Credence Research Logo

Sustainable aviation fuel has moved from pilot programs to large-scale commercial deployment as airlines seek to reduce lifecycle emissions without compromising engine performance or safety. Certified SAF blends enable carriers to decarbonize existing fleets while avoiding costly aircraft redesigns, positioning SAF as a critical lever in aviation’s net-zero roadmap.

Regulatory Pressure and Airline Commitments Driving Growth

Global regulatory frameworks continue to shape SAF demand. Governments across North America and Europe have introduced blending mandates, tax incentives, and carbon-credit mechanisms to accelerate adoption. Airlines respond with long-term procurement strategies and multi-year offtake agreements that support production scale-up and supply stability.

“Sustainable aviation fuel is no longer an optional sustainability initiative,” said Rohit Sharma, senior analyst at Credence Research. “It has become a strategic necessity for airlines facing strict emission targets and investor scrutiny. Regulatory alignment and airline commitments are creating a clear runway for large-scale SAF commercialization.”

Major carriers actively integrate SAF into fuel strategies, supported by government-backed incentives and growing public demand for cleaner travel. These factors collectively strengthen confidence across the aviation fuel value chain.

Browse the report and understand how it can benefit your business strategy  – https://www.credenceresearch.com/report/sustainable-aviation-fuel-market

Technology Innovation and Investment Momentum

Advanced fuel pathways play a central role in market expansion. HEFA technology dominates due to proven performance and wide feedstock availability, while alcohol-to-jet and gasification pathways gain momentum through improved efficiency and scalability. Power-to-liquid and synthetic fuel routes further expand long-term growth potential by reducing dependence on agricultural inputs.

Investment activity remains strong as public funding and private capital flow into new biorefineries and modular production facilities. Energy companies, airlines, and technology providers collaborate to accelerate deployment while reducing production costs.

“Investment confidence in SAF has strengthened significantly,” the analyst added. “Capital is flowing toward scalable technologies, multi-feedstock platforms, and regional fuel hubs that can support sustained global supply.”

Regional Market Performance

North America leads the Sustainable Aviation Fuel Market with an estimated 45% share, supported by early policy adoption, strong airline commitments, and expanding biorefinery capacity. Europe follows with approximately 30%, driven by strict emission mandates and coordinated airport-level SAF integration.

Asia Pacific holds nearly 20% of the market and continues to expand rapidly as airlines modernize fleets and governments promote green aviation initiatives. The Middle East and Africa represent a smaller share but show the fastest growth, backed by energy diversification strategies and large-scale infrastructure investment. Latin America strengthens its position through abundant biomass resources and growing interest in bio-jet production.

Read this report in different languages too-

https://www.credenceresearch.com/es/report/mercado-de-combustible-de-aviacion-sostenible

https://www.credenceresearch.com/fr/report/marche-des-carburants-daviation-durables

https://www.credenceresearch.com/de/report/markt-fur-nachhaltigen-flugkraftstoff

https://www.credenceresearch.com/ja/report/sustainable-aviation-fuel-market-ja

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Competitive Landscape and Strategic Outlook

The Sustainable Aviation Fuel Market remains highly competitive, with producers, energy majors, and technology developers racing to secure long-term airline partnerships. Companies focus on expanding certified production capacity, improving lifecycle emission performance, and strengthening logistics networks near major aviation hubs.

Looking ahead, SAF adoption is expected to accelerate as airlines scale long-term commitments, governments tighten blending mandates, and digital carbon-tracking systems improve transparency. Expansion of synthetic fuel technologies, regional fuel hubs, and cross-sector partnerships will further shape the market through 2032.

Key players operating in the market include 

  • SkyNRG B.V.
  • Fulcrum BioEnergy
  • Gevo
  • Aemetis Inc.
  • AVFUEL CORPORATION
  • Preem AB
  • Sasol Limited
  • TotalEnergies
  • LanzaTech
  • Neste
  • World Energy, LLC

Recent Developments:

  • In February 2025, Neste and DHL Group collaborated to assess renewable fuel solutions, including HVO100 renewable diesel and sustainable aviation fuel. The initiative supported DHL’s net-zero emissions target for 2050. The partners aimed to establish a commercial model for procuring nearly 300,000 tons of unblended SAF annually by 2030.
  • Also in February 2025, Gevo and Axens expanded their partnership to accelerate SAF production through the ethanol-to-jet pathway. The collaboration combined Axens’ Jetanol technology with Gevo’s ethanol-to-olefins platform to speed commercialization.
  • In January 2025, Shell partnered with Yilkins to integrate proprietary technologies for improved sustainable aviation fuel production efficiency.
  • During January 2025, Topsoe signed an agreement with Chuangui New Energy Company. The deal covered technology licensing and services for producing SAF and renewable diesel.
  • In December 2024, Neste and Air New Zealand finalized an agreement to supply 30 million liters of unblended Neste MY Sustainable Aviation Fuel. This marked Air New Zealand’s largest SAF purchase to date. The fuel supply supports flights at Los Angeles and San Francisco airports through February 2026.
  • In January 2024, Lufthansa Group and TotalEnergies announced a strategic partnership to produce and supply up to 2 million tons of SAF annually by 2030. The agreement represented one of the aviation sector’s largest long-term SAF commitments.
  • In March 2024, AltAir Fuels completed the acquisition of World Energy. The transaction expanded AltAir’s production capacity to 110 million gallons per year, positioning the company among the largest SAF producers in the United States.
  • In May 2024, European Union Aviation Safety Agency approved the use of SAF derived from hydroprocessed esters and fatty acids across all aircraft engine types. This decision significantly expanded commercial SAF adoption beyond biofuel-specific aircraft.
  • In April 2025, Shell and Air New Zealand signed a memorandum of understanding to collaborate on SAF production and supply for domestic routes. The agreement targeted a reduction of airline carbon emissions by up to 20% by 2030.
  • In November 2025, LanzaJet began commercial operations at its Freedom Pines Fuels ATJ facility in Georgia. The plant produces 10 million gallons annually, supplying SAF to Delta Air Lines and Microsoft.
  • In July 2025, Indian Oil Corporation inaugurated a 10,000-ton-per-year SAF demonstration plant in Panipat. The project marked India’s first domestic sustainable aviation fuel production facility.

Segments:

Fuel Type

  • Biofuel
  • Hydrogen Fuel
  • Power-to-Liquid
  • Gas-to-Liquid

Technology

  • HEFA-SPK
  • FT-SPK
  • ATJ-SPK
  • Others (HFS-SIP, CHJ, Co-processing)

Application

  • Commercial Aviation
  • Business and General Aviation
  • Military Aviation
  • Unmanned Aerial Aviation / UAV

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Reasons to Purchase this Report:

  • Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion).
  • Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region.
  • Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years.
  • Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning.
  • Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions.
  • Benefit from Porter’s Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics.
  • Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years.

Browse the report and understand how it can benefit your business strategy  – https://www.credenceresearch.com/report/sustainable-aviation-fuel-market

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SOURCE Credence Research Inc.

BOSTON, Feb. 4, 2026 /PRNewswire/ — Boston Legacy FC today announced a multi-year agreement with Hyundai Motor America as the club’s sleeve partner. As part of this sponsorship, the Hyundai brand will appear on the right sleeve of the club’s primary and secondary jerseys for all regular season and postseason matches starting in 2026. The announcement coincides with National Girls and Women in Sports Day, underscoring the club’s commitment to advancing women’s sports.

This marks Boston Legacy FC’s first-ever sleeve partnership and the first time that Hyundai Motor America, the U.S. subsidiary of Hyundai Motor Group, has partnered with a club in the National Women’s Soccer League to sponsor a jersey. The brand will also receive use of marks across authentic jerseys sold through various retail channels, as well as game day and social media integrations.

“Our partnership with Hyundai goes beyond a business deal – it is a validation of where our team, league and women’s sports as a whole are headed,” said Jennifer van Dijk, team president, Boston Legacy FC. “When you have influential national brands like Hyundai Motor America wanting to be an integral part of our growth, it demonstrates the commercial power of women’s professional soccer. We are incredibly proud to build this relationship and create new opportunities for our players, fans and community.”

“We are excited to partner with Boston Legacy FC as their inaugural sleeve sponsor, continuing Hyundai’s 25-year legacy of supporting women’s soccer,” said Sean Gilpin, chief marketing officer, Hyundai Motor America. “Our investment in Boston Legacy FC reflects our ‘Progress for Humanity’ vision and our commitment to growing women’s sports at every level. We believe in soccer’s power to unite communities and inspire the next generation and we’re looking forward to continuing to support the game as the official Mobility partner of the historic 2026 FIFA World Cup.”

For this announcement, Boston Legacy FC partnered with American racing driver Lia Block for an adrenaline-fueled showcase of style and grit. Lia took to the track in Hyundai’s IONIQ 5 N displaying the club’s iconic swan wings and crest, delivering high-performance driving demonstrations, while Boston Legacy FC players Annie Karich and Barb Olivieri showcased their talent alongside the action.

Hyundai Motor America has long championed women’s sports, making history as the first official sponsor of the Women’s United Soccer Association (WUSA). Its global parent company, Hyundai Motor Group, has shared this dedication since 1999 through its ongoing sponsorship of the FIFA World Cup.

Boston Legacy FC will reveal its kit ahead of the 2026 NWSL season. For the latest team news, upcoming jersey unveiling, ticket sales and match schedule information, visit bostonlegacyfc.com or follow along on social @bostonlegacyfc.

Excel Sports Management’s Properties division sourced and negotiated the partnership between Boston Legacy FC and Hyundai Motor America’s agency of record, INNOCEAN USA.

Hyundai Motor America
Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, several cutting-edge R&D facilities and more than 855 independent dealers. These operations are part of Hyundai Motor Group, which is investing $26 billion in the U.S. from 2025 to 2028. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

About Boston Legacy FC
Boston Legacy FC will add to Boston’s winning legacy as the 15th team in the National Women’s Soccer League (NWSL) starting play in 2026. Founded and led by women, the club is committed to creating a home for the greatest female athletes of our time, building upon the supercharged legacy of Boston’s historic sports teams, cultivating a community of fans with impact at its core, and forging new connections across our city through sport. For more information, please visit bostonlegacyfc.com or its social media platforms – LinkedIn, Instagram, Twitter (X), TikTok, Bluesky, Facebook

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SOURCE Hyundai Motor America

2026 Kia EV9 named “Best 3-Row Electric Vehicle” for value, range, design and technology

IRVINE, Calif., Feb. 4, 2026 /PRNewswire/ — For the third consecutive year, the Kia EV9 is once again the “Best 3-Row Electric Vehicle” according to the experts at Kelley Blue Book. In making their decision, the editors highlighted EV9’s compelling combination of price, power, range, design and available technology.

“That the EV9 has been named the “Best 3-Row Electric Vehicle” for the third straight year by Kelley Blue Book is an honor and validates that our engineering, design and technology check all the boxes for automotive industry experts,” said Eric Watson, vice president, sales operations, Kia America. “But with seating for up to seven passengers, fast charging capability and room for your gear, the EV9 continues to exceed our customers expectations as well.”

The Best Buy Awards is a comprehensive recognition program that spotlights the standout cars, trucks and SUVs Kelley Blue Book recommends to new-car shoppers across a variety of segments. Now in its 12th year, the program continues to adapt to the dynamic automotive landscape with evolving categories that reflect advances in technology, safety and efficiency, providing buyers with expert advice on the best car for their needs.

“The Kia EV9 is a spacious midsize SUV with more than 300 miles of range. It’s a true family hauler that also happens to be fully electric,” said Brian Moody, executive editor at Kelley Blue Book.

About Kelley Blue Book’s Best Buy Awards

Now in its 12th year, the Best Buy Awards recognize the top new vehicles across key segments based on a full year of expert testing and comprehensive data analysis—including pricing, transaction trends, 5–Year Cost to Own, consumer reviews, and sales insights.

Kia America – about us

Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World’s Most Sustainable Companies of 2024. Kia serves as the “Official Automotive Partner” of the NBA and WNBA and offers a range of gasoline, hybrid, plug-in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several SUVs proudly assembled in America*. 

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert 

* Select trims of the all-electric EV6 and EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts. 

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SOURCE Kia America

2026 Kia EV9 named “Best 3-Row Electric Vehicle” for value, range, design and technology

IRVINE, Calif., Feb. 4, 2026 /PRNewswire/ — For the third consecutive year, the Kia EV9 is once again the “Best 3-Row Electric Vehicle” according to the experts at Kelley Blue Book. In making their decision, the editors highlighted EV9’s compelling combination of price, power, range, design and available technology.

“That the EV9 has been named the “Best 3-Row Electric Vehicle” for the third straight year by Kelley Blue Book is an honor and validates that our engineering, design and technology check all the boxes for automotive industry experts,” said Eric Watson, vice president, sales operations, Kia America. “But with seating for up to seven passengers, fast charging capability and room for your gear, the EV9 continues to exceed our customers expectations as well.”

The Best Buy Awards is a comprehensive recognition program that spotlights the standout cars, trucks and SUVs Kelley Blue Book recommends to new-car shoppers across a variety of segments. Now in its 12th year, the program continues to adapt to the dynamic automotive landscape with evolving categories that reflect advances in technology, safety and efficiency, providing buyers with expert advice on the best car for their needs.

“The Kia EV9 is a spacious midsize SUV with more than 300 miles of range. It’s a true family hauler that also happens to be fully electric,” said Brian Moody, executive editor at Kelley Blue Book.

About Kelley Blue Book’s Best Buy Awards

Now in its 12th year, the Best Buy Awards recognize the top new vehicles across key segments based on a full year of expert testing and comprehensive data analysis—including pricing, transaction trends, 5–Year Cost to Own, consumer reviews, and sales insights.

Kia America – about us

Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World’s Most Sustainable Companies of 2024. Kia serves as the “Official Automotive Partner” of the NBA and WNBA and offers a range of gasoline, hybrid, plug-in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several SUVs proudly assembled in America*. 

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert 

* Select trims of the all-electric EV6 and EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts. 

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SOURCE Kia America

Continuation Vehicle Transactions Raise Questions Regarding Process, Pricing and Governance

Replacement of Conflicted Transaction Counsel with Litigation Counsel Does Not Cure Process Failures

Mason Calls for Good Faith Engagement by the Board to Address Minority Investor Rights

NEW YORK, Feb. 4, 2026 /PRNewswire/ — Mason Capital Management LLC (“Mason”), a significant, long-standing investor in Ascent Resources, LLC (“Ascent” or the “Company”), today announced that it has sent a letter to litigation counsel for Ascent’s Board of Managers (the “Board”) reiterating substantial concerns regarding the Board’s conduct to facilitate the sale of interests in Ascent to continuation vehicles managed by The Energy & Minerals Group LP (“EMG”) and First Reserve Corporation (“First Reserve”) despite superior available alternatives.

In the letter, Mason expands upon its concerns regarding the transactions led by EMG and First Reserve, which Mason believes had the effect of suppressing price, deterring other bidders and advantaging affiliated sponsors at the expense of minority stakeholders. The letter notes that the Board has refused to engage altogether on these concerns with stakeholders such as Mason whose contractual and economic rights are directly affected by the transactions. Absent prompt, substantive engagement by the Board focused on maximizing value for all stakeholders, Mason will evaluate all available options to compel the Board to discharge its obligations.

The full text of the letter follows:

January 30, 2026

Andrew J. Rossman
Quinn Emanuel
295 5th Avenue
New York, NY 10016

Re: Ascent Resources, LLC

Andrew,

We acknowledge your letter of January 28th and Quinn Emanuel’s appearance for Ascent.

As an initial matter, please confirm that Kirkland & Ellis is no longer advising the Ascent Board of Managers in any capacity—whether formal or informal—including with respect to strategic alternatives, governance, or transactions involving EMG or affiliated parties.

We have reason to believe that, in the face of imminent fund terminations that would have resulted in distributions to LPs and/or a sale to third parties, First Reserve and EMG acted in concert to retain control. The transaction history speaks for itself. First Reserve recently executed a CV transaction transferring approximately 35% of the Company. EMG has now pursued a second CV transaction of roughly the same magnitude. This sequencing was not incidental.

A contemporaneous acquisition of these interests—aggregating approximately 70%—would have constituted a control transaction, necessitating a control premium. By staggering the transactions to create the appearance that neither party was a seller, EMG and First Reserve retained control while intentionally suppressing the price, avoiding any meaningful market check and forcing minority holders into materially discounted outcomes. Delaware law treats such conduct as a conflicted controller transaction in substance, regardless of form.

Furthermore, the Board’s silence and inaction toward minority investors, together with the active suppression of meaningful available alternatives by controllers, is inconsistent with good-faith conduct.

The motive is evident: serial CV transactions that suppress price, deter other bidders, and advantage an affiliated sponsor constitute self-dealing, requiring action by the Board. The failure by the Board to act, as required by Delaware law, is not exculpable, not insurable, and not protected by the business judgment rule. Managers who knowingly facilitate conflicted control transactions face personal liability for bad faith and loyalty breaches. See In re Nine Systems Corp. S’holders Litig., 2014 WL 4383127 (Del. Ch. Sept. 4, 2014).

That exposure extends to the entire period during which Kirkland & Ellis advised the Board in connection with this scheme. The presence of conflicted counsel does not cleanse the conduct; it compounds it.

Turning to engagement, our January 12th correspondence addressed specific contractual and economic rights held by Mason Capital through CNR.

To be clear:

  • Mason holds enforceable contractual and economic interests through CNR that are being directly affected by the Board’s actions and refusal to act.
  • The Board’s decision to decline engagement altogether – while selectively engaging with other stakeholders – raises tortious interference and related claims that are not subject to arbitration and would proceed publicly.
  • Your letter inexplicably asserts that Ascent is evaluating strategic opportunities “through appropriate channels and processes”. Our client has repeatedly indicated a willingness to engage constructively, including in connection with bona fide strategic alternatives. That willingness has been met with silence.

In fact, the Company has declined to engage with Mason or Kimmeridge, while routing communications exclusively through litigation counsel. Delaware law is clear that good faith requires more than silence. A conscious failure to engage with materially affected investors constitutes bad faith. In re Walt Disney Co. Derivative Litig., 906 A.2d 27, 67 (Del. 2006).

As you know, Quinn Emanuel serves as litigation counsel, not transaction counsel, and does not replace a good-faith strategic or deal process. Board duties are non-delegable and cannot be discharged by litigation advisors. In re Rural Metro Corp. S’holders Litig., 88 A.3d 54, 82–85 (Del. Ch. 2014).

We also reject any suggestion that Mason’s correspondence being made public was improper. Where a board advances conflicted control transactions while refusing engagement, transparency is necessary to protect contractual rights and inform affected stakeholders.

Mason has not waived, and does not waive, any rights or remedies.

Before proceeding further, our client is prepared to allow a short window for a substantive discussion focused narrowly on (i) CNR’s contractual position and (ii) a path forward that avoids unnecessary litigation and public discovery. Absent that, Mason will evaluate all available options.

Please produce a complete and current copy of CNR’s operating agreement by Monday, February 2nd at 5:00 P.M. ET, and advise by close of business on Wednesday, February 4th whether Ascent is prepared to engage on that basis.

Regards,

James C. Woolery, Esq.
Founding Partner
Woolery & Co PLLC

CC. Kenneth M. Garschina
Managing Member
Mason Capital Management LLC

About Mason Capital Management LLC

Mason Capital Management LLC is an absolute return focused investment firm that combines deep fundamental analysis with hard catalysts to drive value creation. Founded in July 2000 by Ken Garschina and Mike Martino, Mason’s strategies range from event-driven investing to corporate carve-outs and control acquisitions. Mason’s control investments include CB&I, the world’s foremost designer and builder of storage facilities, tanks and terminals for energy and industrial markets.

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SOURCE Mason Capital Management

Agencies encouraged to apply by April 3 for funding that strengthens emergency response capabilities

CAMDEN, N.J., Feb. 4, 2026 /PRNewswire/ — New Jersey American Water today announced the opening of its 2026 Volunteer Fire and EMS Grant Program, providing funding for volunteer fire departments and emergency response organizations across its service area.

Now in its 16th year, the program underscores New Jersey American Water’s ongoing commitment to supporting the firefighters and EMS professionals who protect their communities every day. Eligible organizations include volunteer fire departments, ambulance squads and fire aid units located within the company’s service areas.

“As firefighters and EMS professionals, these men and women are on the front lines daily, and it’s essential that they have the equipment and training necessary to keep our communities safe,” said Edward J. Scanlon, Utility Mechanic for New Jersey American Water, member of the company’s Fire Grant Committee and Deputy Chief of the Strathmere Fire and Rescue. In his role with the company, Scanlon works closely with field operations and infrastructure maintenance, giving him a firsthand understanding of the critical partnership between water utilities and emergency responders. “Their unwavering dedication inspires us to continue strengthening local emergency response capabilities through this grant program.”

Applications are open beginning today and will be accepted through April 10, 2026, allowing departments additional time to align requests with budgeting and equipment needs. A committee composed of New Jersey American Water employees—many of whom also serve as volunteer emergency responders—will review submissions to help ensure funding supports real‑world needs in the field.

Since the program’s launch in 2011, New Jersey American Water has awarded 332 grants totaling more than $451,000 to 207 volunteer fire departments and emergency response units.

Grants of up to $2,500 may be used for personal protective gear, communications equipment, first aid supplies, firefighting tools, vehicle maintenance and other operational needs. Reimbursement for specific training courses, including the costs of training manuals and instructional materials, is also eligible.

Organizations can apply online at www.newjerseyamwater.com/community under News & Community > Community Involvement. Departments selected for funding will receive notification in early May, and New Jersey American Water will announce the full list of awardees later in the month.

About New Jersey American Water 
New Jersey American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing safe, clean, reliable and affordable water and wastewater services to approximately 2.9 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on LinkedIn, Facebook, X, and Instagram.

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SOURCE American Water

Nonprofit relief society strengthens training, service delivery, and communications to better support the Coast Guard community nationwide.

WASHINGTON, Feb. 4, 2026 /PRNewswire/ — Coast Guard Mutual Assistance (CGMA) has received a $4 million grant from Lilly Endowment Inc. to strengthen its capacity to support Coast Guard members, families, and the broader Coast Guard community as demand for assistance grows and the Service expands.

The grant is one of 18 awarded by Lilly Endowment to military and veterans service organizations nationwide to help build organizational capacity and enhance direct support for service members, veterans, and their families.

CGMA will use this funding to improve the training and effectiveness of its volunteer CGMA representatives and to modernize communications and outreach, ensuring Coast Guard members and leaders know where to turn for help when they need it most.

Improving service delivery and training for CGMA representatives
CGMA’s small operations team works alongside more than 600 volunteer CGMA representatives embedded across hundreds of Coast Guard units worldwide. This grant will help standardize onboarding and ongoing training, reducing variability and strengthening the quality, consistency, and speed of support as case volume continues to grow.

Planned investments include developing standardized training materials; launching a Learning Management System (LMS) for onboarding and refresher training; hosting recurring virtual town halls and an annual training conference; piloting a more secure eligibility verification process; adding surge case-management support; and strengthening program evaluation and impact measurement.

Modernizing CGMA’s communications, marketing, and outreach
The grant also supports the creation of a dedicated communications and marketing function to increase awareness of CGMA’s services, strengthen donor engagement, and ensure Coast Guard members learn about CGMA early in their careers, before financial stress becomes a crisis.

Planned initiatives include hiring a Chief of Communications and Marketing; expanding creative and digital support; producing video content; redesigning CGMA’s website; increasing visibility through sponsorships and community events; and using automation and AI to improve stakeholder communications and donor engagement.

“This investment strengthens CGMA’s ability to serve Coast Guard families with greater consistency, speed, and care—while building the infrastructure we need for the future,” said Brooke Millard, retired Coast Guard commander and CEO of CGMA. “It ensures we remain ready to Help Our Own, at the speed of need, for generations to come.”

About Coast Guard Mutual Assistance
Coast Guard Mutual Assistance (CGMA) is the official aid society of the U.S. Coast Guard, strengthening financial security across the Coast Guard community. Guided by its vision of eliminating financial worry through shared resources and trusted support, CGMA turns today’s challenges into tomorrow’s stability. In 2024, CGMA fulfilled more than 6,000 requests for financial help and provided over $8.5 million in support.
For more information, visit https://mycgma.org/ or follow @myCGMA on Facebook and Instagram.

About Lilly Endowment Inc.
Lilly Endowment Inc. is an Indianapolis-based private foundation created in 1937 by J.K. Lilly, Sr. and his sons Eli and J.K. Jr. through gifts of stock in their pharmaceutical business, Eli Lilly and Company. Although the gifts of stock remain a financial bedrock of the Endowment, it is a separate entity from the company, with a distinct governing board, staff, and location. In keeping with the founders’ wishes, the Endowment supports the causes of community development, education, and religion.

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SOURCE Coast Guard Mutual Assistance

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