Biométhanisation Partenaires, a joint venture between French biogas plant developer, owner, and operator Evergaz and independent investment firm Meridiam, is strengthening its presence in France by acquiring the Methaneo subsidiary of the Albioma Group, an independent renewable energy producer with bioenergy and solar photovoltaic assets.
With a combined power capacity of 3.2 MWe, the three agricultural anaerobic digestion (AD) units operated by Methaneo – Tiper, Capter, and Sainter – are located in the French regions of Nouvelle-Aquitaine and the Loire. The value of the transaction has not been disclosed.
The three Methaneo units, commissioned since 2013, represent an annual output of around 20 GWh. This level was achieved thanks to the involvement of the teams and the improvements in the industrial processes implemented by Albioma. Today, we are delighted by Evergaz and Meridiam through Biométhanisation Partenaires’ stake in Methaneo, which will allow the creation of a key player in the development of the anaerobic digestion sector in France, said Frederic Moyne, CEOC of Albioma
With these acquisitions, Evergaz’s French portfolio now includes nine AD units, including one under construction. By adding Germany and Belgium, Evergaz now owns and operates 14 biogas plants, for 28 MWe, or 7 000 Nm3/h of biomethane and 626 GWh gross calorific value produced each year.
By 2022, Evergaz is aiming for an annual biomethane energy production target of 120 million Nm3, an installed capacity of 64 MWe and the processing of more than 1 million tonnes of organic waste per year.
These acquisitions are perfectly in line with Evergaz’s vision of building a platform of specialised expertise in the ownership and management of biogas plants in France and Europe. Evergaz looks forward to working with the local partners of the three units to ensure that these sites fully meet the economic, environmental and social challenges of the territories in which they operate, said Alain Planchot, CEO of Evergaz.
