Sustainable Development Capital (SDCL) and CarbonAMS have closed an investment to finance the construction of a biomethane production facility in Duleek, County Meath, Ireland.
The SDCL-managed €650 million ($748 million) Green Energy Transition Fund (GETF) will provide the capital investment needed to deliver the 40-gigawatt-hour facility, which will produce and sell renewable energy to Alexion Pharmaceuticals, supporting the decarbonization of Ireland’s gas grid.
The new facility is expected to be the most advanced artificial intelligence (AI)–controlled biomethane production facility in the world, leveraging a strategic relationship with the founders of rhobot.ai and their work with Siemens to deploy edge-native AI virtual sensors and intelligent agents purpose built to maximize sustainability, efficiency and performance for biomethane production.
SDCL and CarbonAMS will both be shareholders in the project, with CarbonAMS also playing a central role in