Partners Group has agreed to acquire a biogas and biomethane energy platform in Germany from Energiedenker Group. Financial terms were not disclosed.
The platform operates a 60-megawatt portfolio of 35 biogas plants and 10 biomethane plants across northeast Germany.
Biogas is produced through bacteria digesting feedstock, such as crops, food waste or agricultural waste, and can be used as clean fuel to generate electricity. The carbon dioxide in biogas also can be filtered out to create biomethane, a separate substance that is sold as a full substitute to natural gas.
The production of biogas and biomethane is a next-generation infrastructure theme in Europe that is experiencing multiple tailwinds, including regulatory support for clean energy sources, industrial decarbonization goals and a heightened focus on energy independence. Germany has the largest biogas and biomethane markets within Europe, as well as ambitious production targets.
After a rebrand,
