Fueling our world
with renewable energy

OUR SUSTAINABILITY JOURNEY 2023​

It is my pleasure to share with you our sustainability journey.

As we grow our company, we are building a foundation of practices consistent with our vision of producing e-Fuels to accelerate our partners' journey to net zero now.

Our multicultural team of more than 150 talented professionals with presence in five continents are driving forward the development of our projects in the United States, Chile, Uruguay and Australia.

We have been safely operating the Haru Oni e-Fuels Facility in southern Chile for 16 months and are preparing to replicate our experience around the world as we develop a portfolio of e-Fuels projects all the sites for our facilities were carefully chosen to minimize environmental and social impacts, and to safeguard a sustainable and efficient use of resources.

Looking ahead, we will continue to build a thriving ecosystem for this new industry and seek support from significant market movers who also share our vision.

“We are creating sustainable solutions that lead the way to net zero now. This is our contribution to the world.”

César Norton, President & Chief Executive Officer

About HIF Global

We are the world’s leading e-Fuels company, led by a multicultural, multinational executive team with deep market knowledge, supported by highly experienced technical teams and backed by world-class shareholders. Those shareholders are renewable energy developer AME, high-performance sports car manufacturer Porsche, energy investment firm EIG, energy technology firm Baker Hughes and family office investment firm Gemstone Investments.


Our name, HIF, represents our vision of producing Highly Innovative Fuels to accelerate our partners' journey to net zero now.

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Our Values

Commitment
Innovation
Integrity
Long-term relationships
Respect
Resilience
Safety
Sustainability
Transparency
A company with
a global presence

Highly Innovative Fuels (HIF) was founded in 2020 in Santiago, Chile. In 2021, HIF Global LLC was formed in the United States as the parent company for the HIF Global group. HIF Chile, HIF Uruguay, HIF USA, HIF Asia Pacific (APAC) and HIF Europe, Middle East and Africa (EMEA) are wholly owned subsidiaries of HIF Global.

HIF Chile is already producing e-Fuels at our Haru Oni e-Fuels Facility in the Magallanes Region, and we have an additional project pipeline to drive accretive long-term growth.

Timeline

OUR APPROACH

Contributing to a more sustainable world

At HIF Global, our Purpose is fueling our world with renewable energy.

Our production of e-Methanol, e-LG and e-Gasoline offers an existing and viable solution to the global challenge of climate change that can be implemented now. At its core, our business can accelerate decarbonization and contribute towards a more sustainable world.

Priority Areas

  • Health and Safety

    Safety comes first: beyond a priority, it is an absolute. We consider potential natural and social safety and health risks when choosing our site locations. Different internationally recognized risk analyses to control risks are conducted at the concept engineering, construction, commissioning and operational stages of our facilities.

    Clean Power

    We will directly generate wind power in Chile and purchase additional renewable energy through power purchase agreements (PPAs) at our other locations in order not to compete with the existing electricity supply to local grids. Battery energy storage systems (BESS) and steam turbines fed by biomass boilers will provide renewable grid stability services to facilities.

  • Carbon dioxide

    Our business displaces new CO₂ emissions. We initially seek to capture CO₂ from existing industrial and biogenic sources.

    In the medium term, our aim is to source CO₂ with direct air capture (DAC).

    Water

    Climate change has brought to the fore considerations about water security. We ruled out water-stressed areas when selecting project sites. The facility designs prioritize the reduction of our water footprint and maximize water reuse. Water treatment plants at all our industrial facilities will enable us to recycle process water and wastewater. Discharges are minimized with some facilities committing to zero liquid discharges.

  • Community benefits

    An important challenge is to ensure that local communities benefit from our presence. Our focus is on education, training and skills development which in turn will promote local businesses and jobs.

    We aim to develop decarbonization and R&D hubs at all our locations in alliance with local universities, training centers and schools.

    Regulatory framework

    We are creating an entirely new industry and are in the midst of market formation. While this represents a significant opportunity, it also carries regulatory risks as we need to ensure the industry is governed by clear, stringent policies and rules. As such, we are paying significant attention to regulatory developments to ensure we are building our operations to abide by the most exacting regulations.

Innovation, Process and Technology

Bringing reliable technology together to produce novel e-Fuels

We are pioneer in an industry with huge growth potential and we constantly evaluate which solutions best respond to our unique needs. We employ and combine tested technologies where possible to reduce technical risk and drive reliable innovation, using that technology in a different way to produce e-Fuels. We innovate with greenfield solutions when there are no answers to our exceptional requirements, and we remain technology agnostic when it comes to solutions and providers.

The Process

Our unique process brings a number of proven engineering techniques together to turn renewable energy, carbon dioxide (CO₂) and water into sustainable, transportable e-Fuels.

  • 1

    Green hydrogen production

    With renewable power, such as wind or solar, we produce green hydrogen through a process called electrolysis which separates the water molecule (H₂O) to obtain oxygen and hydrogen.

  • 2

    CO₂ Capture

    CO₂ can be captured from industrial and biogenic sources and from the air with direct air capture (DAC) equipments.

  • 3

    Synthesis and Further processing

    We combine the hydrogen with the CO₂ through a process called synthesis, obtaining e-Methanol, an e-Fuel that could be used as the final product (shipping fuel), or converted into other e-Fuels, such as e-Gasoline, e-Diesel, e-SAF (sustainable aviation fuel) or to make plastics.

e-FUELS APPLICATIONS

  • Commercial shipping companies - accounting for about 3% of global carbon emissions - have begun ordering containership vessels equipped with dual fuel engines to be able to use
    e-Methanol, which is considered a safe, proven, more environmentally friendly and cost-competitive marine fuel compared to the heavy fuel oil used in most ships. e-Methanol can help the shipping industry meet planned emissions regulations. Besides significantly lowering CO₂ emissions, it can reduce sulphur oxides (SOx) and particulate matter (PM) emissions by up to 95% and nitrogen oxide (NOx) emissions by up to 80%.

  • The proprietary methanol-to-gasoline (MtG) technology at the Haru Oni facility is provided by ExxonMobil, one of the world’s largest publicly traded energy companies. The synthetic gasoline (e-Gasoline) produced can displace conventional fossil fuels with no modifications required to engines or infrastructure and is being used by Porsche on its automobiles.

  • e-Liquified Gas (e-LG) originates as a by-product during the synthetic MtG production process. As of October 2023, this gas, previously flared during the gasoline production process at Haru Oni, can be captured and stored thanks to a partnership between HIF Global and Chilean gas company Empresas Gasco. At a future date, the e-LG will be able to be blended with traditional liquefied gas for subsequent commercialization.

  • The e-Methanol can also be processed into a light olefin stream, using technology from industry solutions provider Honeywell’s methanol-to-olefins process, which is then oligomerized, hydrogenated and fractionated to produce synthetic sustainable aviation fuel
    (e-SAF). Use of this
    e-SAF can reduce CO₂ emissions by up to 8 8% when compared to conventional jet fuel, and when blended with conventional jet fuel, e-SAF can be used immediately to existing jet engines with no modifications required.

“If we do the same as what others have been doing, then we’ll have no change. And change means we’re allowed to make mistakes. You have to takesome risks to change the game.”

Rolf Schumacher. Chief Innovation Officer, HIF Global

Haru Oni

HARU ONI e-FUELS FACILITY

Clear proof that producing
e-Fuels is possible to decarbonize the planet

Haru Oni is the world’s first operating e-Fuels facility that provides highly innovative fuels to make decarbonization possible now. It was built in the Chilean Patagonia to harness the region’s powerful winds and transform them into transportable energy in the form of e-Fuel. It comprises a 3.4 MW wind turbine to generate renewable energy, an electrolyzer to convert water into green hydrogen, a synthesizer to combine recycled carbon dioxide and the green hydrogen to create e-Methanol, and a plant that converts the e-Methanol into e-Gasoline and e-LG.

The facility produced its first liters of e-Gasoline in December 2022. It was successfully tested in a Porsche 911 with no modifications required to the car’s engine or infrastructure.

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Our e-Fuels laboratory was developed together with Magallanes University and Empresas Gasco. The laboratory is operated by six local professionals and is used for Haru Oni-related research, development and innovation, with daily samples collected from the facility to test e-Gasoline blends. The laboratory also works with university students for knowledge transfer and graduate studies, ensuring local development of the human capital needed to drive the e-Fuels industry.

“When I was a child, windy days used to bother me. No longer - now it means we have e-Fuels production that’s contributing to a better future.”

— Silvana Cárdenas studied chemical engineering at Magallanes University and, as HIF Chile's process engineer, is in charge of ensuring the right e-Gasolineblend to meet Porsche's exacting specifications. As our modern-day “alchemist,” she works to turn wind, water and carbon dioxide into e-Fuels.

Projects

CORPORATE GOVERNANCE

A board that drives our vision

Our Corporate Governance drives the agility we need to trailblaze in creating the emerging e-Fuels market.

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OUR PEOPLE

Pioneers of a new industry

Our highly experienced management team leads a talented, diverse and creative workforce that is unafraid to take on the challenges needed to trailblaze the nascent e-Fuels sector.

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HEALTH AND SAFETY

Safety is an absolute not a priority

At HIF Global, we are committed to applying high standards of health and safety at all our operations, projects and offices. We aim to ensure all our employees and contractors return home safe and well every day.

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COMMUNITIES

A trusted and present neighbor

At HIF Global, we believe in open, respectful and direct communication with the communities where our businesses are located. It is essential to create networks and partnerships that foster strong relationships and thriving communities.

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ENVIRONMENT

Sustainable design underpins our environmental performance

At HIF Global, our environmental practices reflect our commitment to address climate change through the production of e-Fuels. We seek to use natural resources efficiently and prevent or minimize any negative impacts to ensure the long-term health of the environment and sustainable development of host communities.

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CLIMATE CHANGE

e-Fuels: our contribution to solving a global challenge

At HIF Global, we believe our production of e-Fuels can make a significant contribution to addressing climate change. The technology binds captured carbon dioxide with green hydrogen to produce e-Fuels; when used the e-Fuels emit the captured CO₂ back into the atmosphere in a recycling process that displaces new CO₂ emissions from existing fossil fuels.

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“At HIF Global, we are uniting the world’s best technologies, developers and financiers to create a new industry, which can act immediately to produce e-Fuels and replace fossil fuels. We are already delivering with our Haru Oni facility in southern Chile and seek to scale up in 2024 with the start of construction of our fully commercial e-Methanol facility in the United States.”

Clara Bowman, HIF Global COO