Weekly renewables M&A round-up (Aug 8-12)
Aug 12, 2022 17:43 CESTJanuary 7 (Renewables Now) - Danish renewables developer European Energy A/S today said that in a joint venture with Maigaard & Molbech it has acquired Danish biogas producer Vinkel Bioenergi as a first step in creating a “circular bioeconomic group.”
The joint venture with family office Maigaard & Molbech, which is acting on behalf of private investor Bo Bendtsen, is called BioCirc ApS.
According to Maigaard & Molbech managing director Bertel Maigaard, the BioCirc group will focus on recycling, waste-to-energy, renewable energy and Power-to-X.
European Energy said Vinkel Bioenergi will support the production of e-methanol. Its chief executive Knud Erik Andersen commented that biogenic carbon dioxide (CO2) is an important component of decarbonising e-fuels for sectors such as heavy transportation and aviation. European Energy plans to use the CO2 from the production of biogas at Vinkel Bioenergi in the production of e-methanol to be supplied to companies such as Circle K and Maersk, he added.
Weekly renewables M&A round-up (Aug 8-12)
Aug 12, 2022 17:43 CESTUK hits 25.5 GW of wind power capacity
Aug 12, 2022 17:15 CESTRWE to make over EUR 5bn in green investments in 2022
Aug 12, 2022 17:11 CESTTurkish renewables firm Kalyon Enerji sells 50% stake to Abu Dhabi's IHC for 477 mln euro
Aug 12, 2022 16:27 CESTDEME installs substation at Fecamp wind farm offshore France
Aug 12, 2022 15:59 CESTUnit of Malaysia's TNB gets more time to reach fin close for 50-MW solar project
Aug 12, 2022 15:30 CEST