Infranode enters the Danish biogas sector in a partnership with Renegas
Introduction
Infranode has agreed to acquire a 49% stake in the two biogas plants Thorsø Biogas Anlæg and Foersom Bioenergi. The acquisition marks Infranode’s first entry into the biogas sector, representing a new strategic direction in line with the fund’s focus on sustainable infrastructure investments.
Oaklins’ team in Denmark was engaged by Infranode as strategic and financial advisor in this transaction.
Oaklins’ support throughout the acquisition process played a key role in achieving a satisfactory result for all parties involved.SILAS HARBO, HEAD OF INVESTMENTS DENMARK – INFRANODE
About Renegas
Renegas, located in Lyngby, Denmark, owns and operates the two biogas plants. Additionally, the group has competencies and track-record throughout the value chain from project development, engineering, and gas & certificates trading. Foersom Bioenergi, located near Tarm, Denmark, is a greenfield biogas plant developed by Renegas. The plant produced its first gas in December 2022, and aims to be the first Danish biogas plant to operate without subsidies. Thorsø Biogas, located between Silkeborg and Randers, Denmark, is a brownfield plant initially developed in 1994 and continuously updated since then.
With the new partnership, Renegas is now able to realise a significant expansion plan for its two plants, aiming to double their capacity by 2026 from the current 160 GWh/year. Moreover, the partnership establishes Renegas as a platform for acquiring additional biogas plants.
Read more about Renegas: www.renegas.com
About Infranode
Infranode, headquartered in Stockholm, Sweden, is a long-term infrastructure investor with a particular focus on the Nordic countries. Infranode invests in energy and renewables, digital infrastructure, transport and social infrastructure. Infranode has offices in Stockholm, Helsinki, Copenhagen and Oslo, and a strong infrastructure investment team with extensive local and international experience. Infranode manages about EUR 1.8 billion in committed capital on behalf of its institutional investors.
Read more about Infranode: www.infranode.eu
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