Oct 25, 2024

HIF Global and Antarctica21 promote sustainable tourism with e-Fuels

Punta Arenas, Chile – October 25th, 2024. HIF Global, the world’s leading e-Fuels company, and Antarctica21, the pioneer of Antarctic air-cruise, announced a collaboration to promote sustainable tourism in the Magallanes Region and Antarctica by using e-Fuels for marine transport and aviation.

Ten Zodiac boats that transport tourists from the “Magellan Explorer” cruise ship in Antarctica will utilize e-Gasoline produced at the HIF Haru Oni e-Fuels facility in Punta Arenas, Chile this year. Antarctica21 is also evaluating Synthetic Marine Diesel (e-MGO) to power the cruise ship’s main engines and synthetic jet fuel (e-SAF) for its air operations.

The HIF Global – Antarctica21 collaboration provides for the first use of sustainable gasoline in Antarctic tourism and forms an alliance to evaluate e-Fuels for this industry. The agreement was executed in a ceremony at Muelle Prat, Punta Arenas in the presence of various authorities and representatives of both companies.

Victor Turpaud, CEO of HIF Latam said, “HIF Global’s collaboration with Antarctica21 is one example of our commitment to sustainability for Magallanes and our planet. e-Fuels are making a difference today for regional tourism, adding a green badge to the epic trips to the White Continent.”

Antarctica21's President, Jaime Vasquez, stated: “We are delighted to be at the forefront of the quest for alternative energy solutions. The strategic partnership between Antarctica21 and HIF aligns with our ongoing sustainability initiatives, which encompass energy-efficient practices and a comprehensive carbon offsetting and certification program. By integrating e-Fuel into our operations, we are paving the way toward a more sustainable future for Antarctic tourism, while helping drive innovation in marine fuel alternatives.”

The HIF Haru Oni facility, inaugurated in December 2022, produces e-Fuels from green hydrogen and recycled CO2, harnessing wind energy from Magellanic winds. These fuels are sustainable and can be used in any transportation without the need to modify engines or current infrastructure

 

 

About HIF Global

HIF Global is the world's leading e-Fuels company, developing large infrastructure projects to recycle captured CO2 and produce synthetic hydrocarbons for existing engines. The name HIF represents the mission of the company: to provide Highly Innovative Fuels that advance global energy sustainability. HIF is producing e-Fuels today at its HIF Haru Oni e-Fuels facility in southern Chile and is developing commercial-scale e-Fuels facilities in United States, Uruguay, Australia, and Chile. For more information, visit www.hifglobal.com

About Antarctica21

Antarctica21 is the leading operator of air-cruise expeditions to Antarctica, founded in 2003 by adventurers looking for a better way to travel to this continent. Based in Punta Arenas, Chile, the company operates fly-cruise expeditions on boutique vessels with a maximum of 76 passengers, offering an exclusive and flexible experience. Antarctica21 has been recognized for four consecutive years as one of the “Best Chilean Companies” according to Deloitte's ranking and has been a CarbonNeutral® certified company since 2019, reaffirming its commitment to sustainability. For more information, please visit https://www.antarctica21.com/

CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS: Information in this press release includes various statements that are forward-looking statements within the meaning of the U.S. federal securities laws. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as “can,” “expect,” potential,” “to be,” “will,” and similar expressions are used to identify forward-looking statements and convey the uncertainty of future events or outcomes. Forward-looking statements in this press release relate to, among other things, the expectations of our plans, strategies, and objectives, including with respect to the timing and other aspects of the HIF e-Fuels facilities. Such statements are based on management’s current expectations and assumptions and are subject to known and unknown risks and uncertainties that may cause actual results or events to differ materially from expectations expressed or implied in the forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include (without limitation): our ability to timely obtain or maintain necessary permits to construct and develop the HIF e-Fuels facilities; our ability to execute operational objectives on a timely and successful basis; legislative, policy, fiscal and regulatory developments; the outcome of commercial negotiations; our ability to raise financing; consumer preferences or demand; and various economic, business, and competitive factors affecting our business. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this paragraph. HIF Global urges you to carefully review and consider the cautionary statements made in this press release and cautions you not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. HIF Global undertakes no obligation (and expressly disclaims any such obligation) to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Press contact:

Eva Bandola |  [email protected] | +1 630 956 1776