CIP buys Anaergia’s Envo Biogas in Denmark
Copenhagen Infrastructure Partners (CIP) has bought the Envo Biogas project in Denmark’s Tønder from the Canadian company Anaergia.
PHOTO: The Envo Biogas plant in Tønder, Denmark, has been sold to Copenhagen Infrastructure Partners (CIP) Advanced Bioenergy Fund I. Anaergia
Envo Biogas is expected to become one of Europe's largest biogas plants by 2025. It will process about 900,000 mt of organic waste to produce renewable natural biogenic carbon dioxide that will be used by European Energy to produce green e-methanol for fuelling container ships.
“We are very pleased to have made our first investment into a large-scale and modern biogas project in Denmark, creating not just green energy, but also jobs and investments in the local community,” Thomas Dalsgaard, a partner at CIP said in a statement.
The CIP-managed Advanced Bioenergy Fund I plans to produce green gas and fuels from organic waste in Europe and North America.
By Debarati Bhattacharjee
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