Key Advantages Make Finland The Optimal Location
- Low-Cost Green Power
- Low-Cost Homogenous Biomass Feedstock
- Supportive Government
- Heavy Industry Site
- Excellent Infrastructure
- Regulatory Tailwinds
- Surging Market Demand
- Limited Quality Supply
- De-Risked Low CAPEX
- Phased Rollout Strategy
- Incorporating Proven TRL9 Technology with Performance Guarantees
Transforming forest waste and renewable power into ultra-low-cost green fuels.
Flagship Project - lisalmi Finland
Project Site — Secured by Purchase Agreement
- Methanol and SAF integration with Green Hydrogen improves efficiencies and Carbon profile.
- The low-cost of renewable power in Finland (for Hydrogen) is a significant advantage
A Two-Phase Rollout – Designed for Capital Efficiency Reduces Execution Risk
A Flexible, De-Risked Clean Fuels Solution
Dual-Pathway Platform
45% bio / 55% eMethanol and eSAF from forestry waste + green power
Adaptive Power Design
Operates with or without high renewable capacity
Proven TRL9 Technologies
Deployed globally, backed by performance guarantees
CAPEX Phased Rollout
Methanol-first strategy reduces risk & lowers costs, optional SAF upside
Modular & Scalable
Globally replicable with fast-to-deploy tech
Lowest-Cost LCOF
eMethanol at lowest quartile cost over 3 modules
Flagship Finland Project
- Industrial site secured in Finland
- Homogeneous feedstock secured
- Access to low-cost green electricity
- Proven technology with performance guarantees
- Producing methanol at 1st quartile costs
Phase 1
- 178K tpa methanol
Phase 2
- 536K tpa methanol, or
- 320K tpa SAF
Executive Summary
Series A Capital Raise - £25M to FID
Flying Forest is launching a £25 million Series A funding round at a £50 million pre-money valuation – to drive the project to Final Investment Decision (FID) by Q4 2026.
Targeting a strategic investor/offtaker to take a lead position in the Series A.
£25M Series A Round Now
FID Q4 2026 Est. Valuation £150M+
USE OF FUNDS
| Item | Amount/£m |
|---|---|
| Pre-FEED | 1.5 |
| Permit process | 0.7 |
| FEED | 10.7 |
| Offtake agreements | 0.5 |
| Legal support | 1.0 |
| Team costs/Board/advisors | 1.5 |
| Travel/subsistence | 0.5 |
| Costs - securing technology partners | 1 |
| EPC | 1 |
| Development of other projects | 1.5 |
| FID documentation & support | 0.3 |
| Final site payments | 3 |
| Contingency | 1.8 |
| Total | 25M |
Production Cost Comparison
Production Cost Comparison
Market Certainty with Methanol Demand - SAF Upside Kicker as Market Develops
Why Now ?
Global fuel demand is shifting.
Aviation and maritime sectors face strict decarbonisation mandates.
Methanol is now the marine fuel of choice and sustainably sourced biomass is emerging as one of the most viable and scalable homogeneous feedstocks.
Why Flying Forest ?
Flying Forest has design flexibility to meet the market and is well positioned to lead this shift.
Methanol First + SAF to Follow = Derisked Project
Delivering a modular clean fuel solution powered by low-cost forest waste and renewable energy, using proven (TRL9) technology, integrated with Green Hydrogen, for >90% emissions reduction. Built in Finland. Designed to scale globally.
International Maritime Organisation (IMO) Approves Global Carbon Fee = Ships Face $380/ton CO2 Penalties for Exceeding Limits
April 2025
Scaling global SAF production to meet 2050 targets requires $1.45 trillion in capital investment
Opportunity
Market Certainty with Methanol Demand SAF Upside Kicker as Market Develops
Why Now ?
Global fuel demand is shifting.
Aviation and maritime sectors face strict decarbonisation mandates.
Methanol is now the marine fuel of choice and sustainably sourced biomass is emerging as one of the most viable and scalable homogeneous feedstocks.
Why Flying Forest ?
Flying Forest has design flexibility to meet the market and is well positioned to lead this shift.
Methanol First + SAF to Follow = Derisked Project
Delivering a modular clean fuel solution powered by low-cost forest waste and renewable energy, using proven (TRL9) technology, integrated with Green Hydrogen, for >90% emissions reduction. Built in Finland. Designed to scale globally.
Execution
Low-cost process to transform waste biomass into Green Methanol & SAF
Location & Secure Feedstock
- Strategic Finnish location
- Secured biomass supply,
- Industrial-zoned site, and supportive policy environment
- Project includes 3 modular lines – with enough feedstock for 10 lines.
Engineering Expertise
- Engineering execution de-risked through
- Devaltec's specialised gasification and MTJ expertise,
- Process and performance guarantees from technology partners
Green Methanol Production
- Initial 140,000 tpa methanol production – Phase 1
- Option to extend to Phase 2 – total 423,000 tpa green methanol – split 55% eMethanol & 45% bioMethanol
- 92% Carbon Reduction
Sustainable Aviation Fuel – SAF
- SAF MoU offtake agreement with Atoba – target beginning 2028
- 180,000 tpa SAF on completion of Module 3 – split 55% eSAF & 45% bioSAF
- 90% Carbon Reduction
Finland Advantage
Renewable Low-Cost Power, Secure Abundant Feedstock, Regulatory Support & Market Proximity
Planned Roadmap & Timeline to FID & Operations Q3 - 2025
Technology Providers – Selection to Pre-FEED
H2 2025 - 2029
Pre-FEED to FID & Start of Operations
