ABOUT US
ETFuels is pioneering a new model to disrupt current approaches to decarbonisation and provide Europe with a pathway to energy security.
We are building a platform to unleash the full potential of renewable energy at scale, by transforming how energy is produced and distributed, and ultimately how fuels are created and consumed.
Our ambitions are immense, and our model is scalable. We can build our energy production facilities off-grid, anywhere, and we can do so in a commercially viable manner, independent of subsidies or regulation.
We will develop 10M tonnes of annual green fuel production within 10 years. The resulting CO2 reduction will equate to 5% of the UK’s CO2 emissions every year.
Our model will decarbonise entire economies and supply chains - this is how you deliver net zero, in a way that benefits everyone.
Team
Founding team combines deep technical, project development, financing and commercial expertise across the hydrogen value chain.
Lara Naqushbandi
CEO
Almost 2 decades experience financing and developing capital intensive infrastructure projects, commodities and sustainability at Goldman Sachs, Climate Change Capital and Rio Tinto. Previous roles include CFO of Rio Tinto’s Shipping & Commercial Group, CFO of Google UK, Google UK Sustainability Lead and Google UK Retail Director
Felix Leworthy
CCO
15+ years experience in energy, advising C-suites in the energy and utilities sectors. Former Director energy transition at Guidehouse - strategy and sustainability consulting firm, advising large integrated energy companies on hydrogen and supply chain strategy. Expert in the energy markets and regulatory landscape, business development and transaction structuring.
Anthony Wang
CTO
Recognised expert in the field of hydrogen technologies and author of numerous industry-shaping reports on the topic. Experienced across the full engineering lifecycle - from concept evaluation to Front-End Engineering and execution. Former Consultant at Guidehouse, Project Manager European H2 Backbone, and Engineer at a nuclear energy consultancy.
We have bold ambitions and we are actively looking for the best talent to join us on our journey. Please do get in touch.
Our value proposition
Largest and lowest cost producer
Pioneering development model due to our differentiated off-grid approach enables us to be the largest scale and lowest cost green fuels producer, validated by our comprehensive first-of-its-kind technical study
Sophisticated commercial capabilities
Our unrivalled understanding of carbon regulation, customer motivations and financial structuring enables us to navigate across this complex, emergent value chain and create commercially viable partnerships that benefit all parties
Execution at speed and scale
Multiple site options across multiple geographies, multiple CO2 offtake partners, multiple technical partners and a world class team ready to go means we are well-placed to execute while both managing risks and creating optionality
Our values
Speed and scale
We believe the world needs to do more, now, and faster than ever
Partnerships
We believe that leveraging expertise from multiple player is the best way to tackle the massive challenge of decarbonisation
Shared benefits
We believe in delivering systemic solutions with long-term sustainable impact, sharing benefits with local communities where we operate and acting respectfully and inclusively with all stakeholders
Clean slate
We believe pure system change is required to achieve net zero, without being hampered by how things have been done before