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August Debouzy advises Airbus on the joint venture project with Technip Energies, Safran and Tereos to develop sustainable aviation fuel production in France
Communiqué IT and Data Protection M&A Contract Engineering And Strategic Partnerships | 17/06/26 | 1 min. | Jean-Damien Boulanger Coralie Foucault Alexandra Berg-Moussa Florence Chafiol
Aeronautics & Defense Energy
August Debouzy advised Airbus, a global leader in aerospace, in connection with the agreement entered into with Technip Energies, Safran and Tereos to create Rebound, a joint venture aimed at developing an industrial-scale sustainable aviation fuel, or SAF, production project at the Port of Dunkirk.
The Rebound project aims to develop production capacity of approximately 160,000 tonnes of SAF per year using Alcohol-to-Jet technology. It would be one of the largest facilities of its kind in Europe and forms part of broader efforts to decarbonise the aviation sector, strengthen European energy sovereignty and develop a French industrial value chain dedicated to sustainable aviation fuels.
During this development phase, the partners have committed to funding the engineering studies and other work required to consider a final investment decision. Technip Energies will act as lead project developer and engineering services provider, while Airbus and Safran will contribute as industrial partners, notably by helping secure commercial offtake and as potential SAF buyers. Tereos, a leading European ethanol producer, will participate in the project with a view to contributing to the supply and securing of the advanced ethanol required for the project.
The creation of the joint venture remains subject to customary closing conditions and approvals and is expected to be completed in the second half of 2026.
The August Debouzy team advising Airbus comprised Jean-Damien Boulanger (partner) and Coralie Foucault on corporate/M&A matters, Alexandra Berg-Moussa (partner) on contractual matters, and Florence Chafiol (partner) on data matters.