In the UK, ENGIE has acquired Ixora Energy Ltd, a leading biomethane producer based in the UK since 2017. The acquisition, secured for £64.8 million, was made from the responsible investment manager, Downing LLP.
This strategic move marks the addition of three new production units to ENGIE’s portfolio, which are located in Devon and Somerset, collectively generating c. 160 GWh of biomethane annually. It also consolidates its pipeline of projects in this crucial market.
As a leading producer of biomethane in France, with an installed production capacity of 670 GWh as of 30 June 2023, ENGIE continues its expansion in Europe and accelerates its development in the United Kingdom, a fast-growing market.
