Southwest Airlines Acquires SAFFiRE Renewables

Conestoga Energy Acquires SAFFiRE Renewables

August 14, 2025

Renewable Energy

Conestoga Energy has acquired SAFFiRE Renewables, LLC from Southwest Airlines Renewable Ventures LLC, obtaining SAFFiRE’s IP, certain technologies, a proposed pilot production facility, and key technical staff. The acquisition gives Conestoga access to SAFFiRE’s DMR pretreatment technology to produce ultra-low carbon intensity ethanol for sustainable aviation fuel (SAF) and supports plans for a co-located pilot in Liberal, Kansas and future commercial-scale production.

Kingswood Capital Acquires Safran Passenger Innovations (RAVE Aerospace)

February 5, 2026

Aerospace & Defense

Kingswood Capital Management has completed the acquisition of Safran Passenger Innovations from Safran and the business has been renamed RAVE Aerospace. Headquartered in Brea, California, RAVE Aerospace provides in‑flight entertainment and connectivity solutions for airlines, lessors and OEMs; Kingswood says it will invest to accelerate growth, expand globally, and develop new technologies.

Macquarie Asset Management Invests in SkyNRG

November 16, 2023

Renewable Energy

Macquarie Asset Management, via its Macquarie GIG Energy Transition Solutions (MGETS) Fund, will make an initial investment of up to €175 million in SkyNRG to support the company’s expansion of sustainable aviation fuel (SAF) production capacity. The funding will help SkyNRG develop dedicated SAF facilities in Europe and the US and accelerate its growth as a major SAF producer alongside existing partners such as KLM and Boeing.

ArcLight Launches SkyVest Renewables and Acquires 160 MW Wind Farm in Texas

July 29, 2024

Renewable Energy

ArcLight Capital Partners launched SkyVest Renewables, an operating-focused renewables platform, with an initial $500 million capital commitment and concurrently acquired a 160 MW operating wind farm in the Midland Basin, Texas (commercial operations 2020). SkyVest will operate and optimize utility-scale wind and solar assets across North America, leveraging ArcLight's operational resources to drive near-term cash flow and brownfield development.

Curtiss-Wright Acquires Safran Aerosystems Arresting Company for $240M

July 5, 2022

Aerospace & Defense

Curtiss-Wright Corporation completed the acquisition of the Safran Aerosystems Arresting Company (SAA) for $240 million in cash. SAA, a designer and manufacturer of fixed‑wing aircraft emergency arresting systems with operations in Aston, Pennsylvania and Merpins, France, generated approximately $70 million of sales in 2021, employs nearly 140 people, and will operate within Curtiss‑Wright’s Naval & Power segment.

World Fuel Services Corporation Acquires Flyers Energy Group

January 3, 2022

Energy

World Fuel Services Corporation has completed the acquisition of Flyers Energy Group, expanding its scale and geographic footprint in the North American land fuel segment. The acquisition adds Flyers' national cardlock network, commercial fleet fueling, lubricants distribution and wholesale fuel capabilities to World Fuel's platform and is expected to be accretive to earnings and cash flow.