Vesthimmerland Biogas in Denmark. Image by Lundsby Biogas A/S on Linkedin.
Danish investment firm Copenhagen Infrastructure Partners (CIP) said that it has secured two sites in Catalonia, Spain, to build a pair of industrial-scale biogas plants.
The investment is coming out of CIP’s new fund, the CI Advanced Bioenergy Fund I (CI ABF I), which reached second close of EUR 500 million (USD 518.7m) in September 2022. The fund has a target size of EUR 1 billion aimed at supporting investments in advance bioenergy plants in Europe and North America.
In Catalonia, CIP will work alongside Spanish RNG project developer Connect Bioenergy to develop the two projects, named La Sentiu and Linyola. Danish biogas technology provider Lundsby Biogas A/S will participate in the development as a minority shareholder.
The Catalan government gave La Sentiu the status of “a project of strategic importance”, a designation that comes with a fast-tracked permitting procedure, CIP said.
The biogas plants will use pig manure from local farms, slaughterhouse waste and other industrial organic waste as feedstock. They will churn out biomethane that will be injected into the natural gas grid and organic materials. The organic materials will be recirculated as nutrients, such as fertiliser, and produce biogenic CO2 for industrial use or for power-to-X projects.
CIP expects to reach the final investment decision on the projects in 2024.
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