Suma Capital acquires 80% of ATH Bioenergy

In Spain, Suma Capital has acquired 80% of the share capital of ATH Bioenergy, a company focused on the production and commercialization of biomethane. This is a pioneering initiative aimed at transforming the energy and waste recovery landscape in the Canary Islands towards a more sustainable and competitive future. The remaining 20% of the capital will remain in the hands of the promoter, the Swiss company Tibanna AG.

ATH Bioenergy aims to build four biomethane and fertilizer production plants with an investment of approximately 100 million euros. The construction schedule, which will start in stages in the summer of 2024, will cover the Gran Canaria plant in Puerto de Arinaga, followed by facilities in Tenerife, Fuerteventura and finally Lanzarote.
The innovative essence of ATH Bioenergy lies in its revolutionary approach to the management and valorization of organic waste, including hotel and supermarket waste, pruning waste and organic matter. These materials will be transformed into biogas and biomethane, reintegrated into hotels and marketed to other industries committed to decarbonizing their energy consumption.