Interview with Aina Hegrestad, CFO of Nordic Electrofuel AS

In this interview, Aina Hegrestad, CFO of Nordic Electrofuel AS, shares how the company is advancing green aviation with its innovative electro-based sustainable aviation fuel (eSAF). Headquartered in Norway, Nordic Electrofuel is developing a patented reactor technology that converts water, CO₂, and renewable electricity into drop-in compatible jet fuel, meaning it can be used in today’s aircraft without new infrastructure. With €15M raised, a €40M EU Innovation Fund grant, and 100% off take agreements already secured for its first commercial-scale pilot plant, the company is on track to begin fuel production by late 2027. As it prepares for global expansion, Nordic Electrofuel sees the EIC Scaling Club as key to increasing visibility, connecting with investors, and reinforcing its position as a European leader in clean aviation fuel.