A&O Shearman advises KLM on its groundbreaking sustainable aviation fuel offtake with SkyNRG

This collaboration marks a major milestone for KLM in achieving its decarbonisation and sustainability goals in the Netherlands, Europe and globally, making KLM one of the first airlines in Europe to make such a substantial commitment towards developing the SAF sector. 

Commenting on the partnership, KLM's CEO Marjan Rintel stated: “We are proud of our collaboration with SkyNRG, where, as co-founder and co-investor, we have been at the foundation of the first complete SAF factory in the Netherlands. With this factory, we are taking a concrete step to accelerate the production of SAF in the Netherlands so that we can strengthen our international leading position in the field of SAF.”

Alexander Chenery commented: “We are proud to have contributed to this landmark transaction, which represents a significant step towards KLM achieving its decarbonisation goals and a critical advancement of the sustainable aviation fuel sector in Europe. We are proud to have been able to galvanise our strong multidisciplinary and cross-jurisdictional capabilities to advise KLM across all aspects of this partnership with SkyNRG.”

The multi-jurisdictional A&O Shearman team was led by London-based partner Alexander Chenery and senior associate Marjet van Bezooijen from Amsterdam, assisted by Zeeger de Jongh, Cees van Ginneken, Eveline Jansen, and Simon Heerschop.