Freija is materially advancing one of Europe’s largest eMethane production projects in Tampere, Finland, as part of a phased multi-plant growth strategy to meet demand driven by tightening European transport decarbonization regulations from 2030. Progress is underpinned by signed term sheets for long-term clean fuel offtake volumes exceeding the capacity of the first plant by three times.

“Europe’s transport transition requires scalable, resilient solutions leveraging existing infrastructure to deliver real emissions reductions. Freija is moving rapidly from the planning stage to a build and operate project with customers committed to buying our clean fuel, the permitting process underway, key inputs secured and strong backing from the Finnish authorities”, said Kristian Hauglum, CEO of Freija.

Development highlights

• The German government recently stepped-up renewable fuel of non-biological origin (RFNBO) blending mandates for road transport to 8% post-2040, with binding interim milestones from 2030 – triggering accelerated Freija offtake dialogues
• Signed non-binding term sheets for 10-year offtake with five undisclosed customers, with additional agreements progressing towards completion
• Submission of Environmental Impact Assessment (EIA) for all three clean fuel production phases (plants) at Tampere, a key regulatory de-risking milestone
• Permitting ongoing for first Tampere plant with front-end engineering and design (FEED) studies set to commence shortly
• Planned production start in 2030, matching demand growth driven by implementation of EU RED III and German RFBNO blending mandates
• Additional sites secured across Finland for further scale-up of production to meet demand growth based on a repeatable, cost competitive facility design
• Signed exclusive, highly competitive biogenic CO₂ agreement with local CO₂ emitter
• Awarded EUR 111 million tax credit under the Finnish Government’s large clean transition investment program

“These operational and commercial milestones significantly reduce risk and puts us at the forefront of providing the clean fuel required to meet surging European demand from 2030 driven by the implementation of EU and German clean fuel blending mandates”, Hauglum added.

Freija will produce eMethane (synthetic natural gas) from green hydrogen and biogenic CO₂. Flexible production optimization enabling lower power cost, a plant design based on standardized modules, and distribution through the existing natural gas network will enable delivery of highly cost-competitive clean fuel solutions.

Signed term sheets currently cover approximately three times the capacity of the first Tampere plant, with recent agreements reflecting improving commercial terms. Freija expects to complete additional term sheets in coming months, with conversion into binding offtake agreements ahead of the plant’s planned final investment decision in 2027.

eMethane is a ready-to-use renewable fuel of non-biological origin and a direct replacement for fossil gas, using existing technology and infrastructure with direct injection into the European natural gas grid. It is highly suitable for hard-to-abate, heavy duty transport and shipping. Today, transport represents over 20% of global CO₂ emissions. A single Freija clean fuel plant can avoid approximately 140,000 tons of CO₂ annually by clean-fueling close to 1,000 heavy trucks powered by gas engine.  

The German clean-fuel blending requirement alone equals approximately 8 TWh of demand from 2030, equal to the supply from 9 standard Freija plants, before increasing to 45 TWh or over 50 Freija plants from 2040. This provides long-term policy-backed visibility on eMethane demand which is set to grow faster than the expected production capacity roll-out in Europe.

The Tampere project is planned in three phases, each equaling one standard plant with 0.85 TWh, equal to approximately 58,000 tons, annual renewable eMethane capacity. Freija has access to biogenic CO₂, renewable power supply, strong local partners and proximity to export ports and the national gas grid.

During 2025, Freija secured further undisclosed sites across Finland, ideal for replicating the Tampere project design and leveraging the Finland’s supportive and predictable operating conditions and highly qualified workforce for clean fuel production.

‍Contact:

Kristian Hauglum, CEO,Freija, +47 417 51 290, kristian.hauglum@freija.no

Lasse Bergerud-Wichstrøm, CCO Freija, +47 450 46 201 lasse.wichstrom@freija.no

Reidar Strande, Co-founder and COO, Freija, +47 909 97 454, reidar.strande@freija.no

About Freija

Freija develops industrial scale clean fuel production and distribution enabling zero-emission European transport. The company is advancing one of Europe’s largest eMethane production plants at Tampere, Finland, as the cornerstone of a phased multi-plant growth plan. Leveraging cost-efficient clean power and biogenic CO₂, Freija’s modular and repeatable production platform enables efficient scale-up for delivery of competitive synthetic natural gas into existing energy distribution systems to support material emissions reductions in hard-to-abate transport sectors.

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