In Poland, SUEZ is acquiring a 51% controlling stake in ARA Cursus (ARA), a developer and operator of biogas plants based in Poland. The group thus reinforces its position as a major player in the European market for anaerobic digestion of waste and production of renewable energy from waste
Alongside SUEZ, EIFFEL, through its fund EIFFEL GAZ VERT, which already financed ARA projects, is acquiring a 24.5% stake in ARA. BOURGOGNE, former majority owner of ARA, retains a 24.5% stake in ARA.
ARA, a Polish developer and operator of anaerobic digestion plants has developed a portfolio of 9 agricultural biogas projects in the country, with the support of key technology and project partners. Each project is designed to produce around 1 MW electrical renewable energy, with one project currently in operation. The next group of projects is due to start construction from 2024. The projects also involve the production of digestate as an agricultural fertilizer, and the drying of wood for commercial customers.
Tags: biogas, Poland, SUEZ
Category: Fuels
