In the UK, CycleØ has acquired Biogasclean, a leading Danish supplier of biological methanation and desulphurisation systems. A prominent, pan-European biomethane platform, CycleØ develops, builds, owns and operates renewable natural gas (RNG) projects in Europe and Latin America.
Ara Partners, a private equity and infrastructure investment firm at the forefront of industrial decarbonization, provided additional capital to facilitate the transaction.
This strategic acquisition is a significant milestone for CycleØ and the biomethane sector in general. It will enable more efficient and fully circular green gas solutions by capturing the biogenic CO2 contained in biogas and converting it into e-methane—a sustainable, synthetic gas derived from green hydrogen that can be stored or used as an alternative to fossil natural gas.
The ability to capture naturally occurring CO2 and convert it into e-methane increases the efficiency of biomethane sites, further reducing greenhouse gas emissions and increasing green gas production by ~70%.
Tags: Biogasclean, CycleØ, UK
Category: Fuels
