In Italy, Suma Capital has successfully closed its first international deal by acquiring 100% of CH4T, a company based in Verona (Italy) specialized in the management of biomethane plants for energy use.
Through this transaction, Suma Capital advances its growth strategy in international markets. After opening its first international office in Paris in 2023, and hiring Jérôme Petitjean as its first international partner, the firm is now focusing on Italy, where it expects to continue to grow in the field of sustainable infrastructures.
CH4T is a company composed of professionals with more than 20 years of experience in the energy and agriculture sector in Italy and focuses on the acquisition and transformation of biogas plants into biomethane plants. It currently has 10 plants in advanced stage of negotiation in Northern Italy and plans to complete the acquisition of the first 3 plants in the first weeks of this year, representing an initial investment of close to €15 million.
CH4T’s medium-term goal is to acquire between 10 and 15 biogas plants, transforming them into biomethane plants. The company will take advantage of the 2022 Royal Decree, which allocates 4.5 billion for the promotion of biomethane as a substitute energy for fossil natural gas, in line with the Italian government’s targets of reaching 2.3bcm by 2026, seven times the current production.
Tags: CH4T, Italy, Suma Capital
Category: Fuels
