Heygaz Biomethane buys Ireland’s Ormonde Organics

In Ireland, Heygaz Biomethane, a portfolio company of funds managed by InfraVia Capital Partner, reached an agreement this week to purchase the leading Irish biogas and biomethane producer, Ormonde Organics (Ormonde). The Ormonde Organics management team will remain at the helm. They will join the Heygaz executive team and will continue to have an equity participation in the business. The transaction is subject to customary clearance from the competent Irish authorities.

Ormonde Organics operates two anaerobic digestion plants at Portlaw, County Waterford and Youghal, County Cork in the South of Ireland with a total production capacity of 60 GWh annually. Full planning permission has been secured for a third facility which is expected to become operational at the end of 2025. Currently, most of the biogas produced by those plants is used to generate renewable electricity. A small portion of the biogas is upgraded to biomethane delivered as bio CNG (compressed natural gas). Ormonde is developing, in conjunction with GNI (Gas Network Ireland), a facility to inject biomethane directly into Ireland’s national gas grid from its Portlaw site, which will allow the commercialization of biomethane within the integrated EU market. Ormonde plans to increase biomethane production and to promote its use in transport and industrial applications thus enabling decarbonization and improving security of supply.