In Denmark, KK Invest, DBC Invest and Copenhagen Infrastructure Partners have entered into an agreement regarding the acquisition of the majority of the shares in Sindal Biogas. The ambition is to build a flagship plant for bioenergy in Denmark and thereby contributing positively to the green transition in Hjørring Municipality and Denmark.
Copenhagen Infrastructure Partners (CIP) and the plant’s current owners will invest in the ongoing expansion of the sustainable bioenergy sector in Hjørring in Northern Jutland, Denmark. The current owners include a local investment company with roots in agriculture, KK Invest (owned by the Glenthøj Kirketerp family), and DBC Invest (a sister company to Danish Bio Commodities). The purpose is to jointly develop, expand and operate the existing biogas plant as a continued hub for sustainable bioenergy in Northern Jutland.
CIP’s investment is made through its CI Advanced Bioenergy Fund I (CI ABF I), whose investors include several of the largest Danish pension funds. The investment into Sindal Biogas is well aligned with the investment strategy of CI ABF I, as Sindal utilizes industrial and agricultural waste to produce green gas, thereby helping to solve multiple environmental challenges.
Tags: Danish consortium, Denmark, Sindal Biogas
Category: Fuels
