Copenhagen Infrastructure Partners (CIP), through its Advanced Bioenergy Fund I (ABF I), has reached final investment decision (FID) on what will be one of Spain’s largest biogas plants, Cobirgy, located in La Sentiu de Sió, Catalonia. The Cobirgy plant is ABF I’s fifth investment and its third outside Denmark. ABF I is thus well on track to deploy the fund’s €727 million ($830 million) of committed capital.
With an estimated annual biomethane production of more than 230 gigawatt hours, Cobirgy is expected to have the highest biomethane output of any biogas plant in Spain to date, along with the production of approximately 150,000 tons of soil improver and organic fertilizer products per year. Using state-of-the-art technology, the plant will contribute significantly to reducing greenhouse gas emissions and local nitrate pollution.
The Cobirgy biogas plant has been designated a Strategic Business Project by the Government of Catalonia and is supported with a C