In this episode of The SAF Podcast, host Oscar sits down with Chris Chaput — a former Northwest Airlines executive, Morgan Stanley investment banker, and airline restructuring specialist — to unpack how DG Fuels is not just developing a SAF project, but a SAF platform.

We cover:

• DG Fuels' gasification-to-Fischer-Tropsch technology and their patented 97–98% carbon conversion efficiency
• How strategically building your partners (Johnson Matthey, Honeywell, NextChem) and EPC (Samsung & Black & Veatch) underwrites bankability and execution.
• Why their Louisiana facility on the Mississippi River is strategically positioned for both US and European markets
• Long-term offtake agreements already signed with Delta, Air France, and KLM — and why demand outpaces what one facility can produce
• How ~25% of their output may qualify as eSAF under EU RefuelEU regulations, unlocking premium pricing
• The IRA tax credit landscape (45V, 45Q, 45Y), RINs, LCFS, and how DG Fuels' revenue stack holds up under policy uncertainty
• A $750M equity raise, FID targets for 2025, and what it means to build a SAF platform — not just a project
• Why resilience has been their biggest challenge, and their greatest achievement

This is a fascinating discussion and highlights how both strategy and strong identity makes a strong prospect in SAF.