HIF Global Receives Environmental Location Feasibility Approval for E-Fuels Project

HIF Global, the world's leading e-Fuels company, announced that Uruguay's Ministry of Environment has granted Environmental Location Feasibility (VAL) approval for the e-Fuels facility the company plans to build in Paysandú.

The project involves an investment of over $5.3 billion (€5.6 billion) and the creation of more than 300 permanent jobs once operational.

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The VAL confirms that the selected site is environmentally suitable and authorizes the company to submit the Environmental Prior Authorization (AAP) and the Environmental Impact Assessment (EIA), which will be evaluated under the High Complexity procedure. This process requires a comprehensive assessment by various government agencies, considering environmental, social, and cultural aspects.

Martin Bremermann, CEO of HIF Uruguay, says: "This is a key milestone in the environmental evaluation process and allows us to stay on track with our development timeline. HIF Paysandú would be the first commercial e-Fuels facility in Latin America, a great opportunity for the region and a step that positions Uruguay as a leader in innovation, sustainability, and the energy transition."

In the next phase, the company will move forward with submitting the required technical documentation. The resolution establishes that the EIA must include specific evaluations related to water, terrestrial and aquatic ecosystems, air quality, waste management, noise, vibrations, odors, landscape, soil impact, and potential social and cultural impacts.

About HIF Global

HIF Global is the world's leading e-Fuels company, developing projects to fight climate change by producing carbon-neutral fuels with green hydrogen and recycled CO₂.