RWE buys 23% of UK’s Future Biogas

In the UK, Future Biogas announced that its majority owner, 3i Infrastructure plc (“3i Infrastructure”) has signed an agreement to syndicate c.23% of its stake in Future Biogas to RWE Energy Transition Investments (“RWE”), an investment vehicle of RWE Supply & Trading GmbH, the energy trading arm of global renewable energy company RWE AG. Completion took place on September 27, 2024.

Future Biogas is one of the largest anaerobic digestion plant developers and operators in the UK. Since 3i Infrastructure’s investment in 2023, the company has successfully transitioned from being a third-party plant operator to an asset owner and developer; most recently announcing an acquisition of 51% of a portfolio of six AD facilities from JLEN Environmental Assets Group Limited in August 2024.

Given RWE’s far-reaching experience in the broader energy industry, their investment provides support to the company’s strategy and highlights the potential of the platform following the JLEN acquisition. An RWE representative will join the Future Biogas board of directors.

The proceeds will be used to repay 3i Infrastructure’s funding of the aforementioned acquisition. The remaining funds will stay in Future Biogas which continues to see a strong pipeline of future growth opportunities.