Bioenergy DevCo acquires BTS Biogas to expand anaerobic digestion technology
US-headed Bioenergy Development Company (Bioenergy DevCo), a leading global developer of anaerobic digestion (AD) facilities has announced that it has acquired Italy-headed biogas technology specialists BTS Biogas Srl, which will operate as an affiliate and enable new operation and expansion of AD in North America.
Headquartered in Bruneck, Italy, BTS Biogas Srl is a European pioneer in the field of anaerobic digestion with a 20-year history in the industry and over 200 plants located around the world. By transforming organic waste into natural gas and an organic soil amendment, anaerobic digestion (AD) reduces landfill waste, as well as carbon and greenhouse gas (GHG) emissions.
According to Bioenergy DevCo, the acquisition enables the company to increase BTS Biogas’ technology footprint in North America, working closely with municipalities and companies to help them efficiently, cleanly and affordably dispose of organic waste while producing renewable natural gas (RNG) – also called biomethane or green gas – that can be used by utilities.
Almost three years ago, our team began working with BTS Biogas to expand the use of large-scale, modular anaerobic biodigesters. By building relationships with cities and towns throughout the United States, we are confident that this proven technology will become an essential tool in reducing pollution from waste and fighting climate change as the world aims to transition to a low-carbon economy. While operating as affiliated entities, we aim to shift mindsets by demonstrating how this proven technology can change organic waste from being a pollution problem to a renewable energy solution, said Shawn Kreloff, founder and CEO of Bioenergy DevCo.
Organic waste is traditionally either incinerated and emitted as an environmental pollutant or left in a landfill where it decomposes releasing methane (CH4), a harmful greenhouse gas (GHG) that contributes to climate change. Through the use of anaerobic digester technology, BioenergyDevCooffers an environmentally smart, proven technology to produce two important products at an industrial scale.
First is renewable natural gas (RNG), which can be burned cleanly on-site for local heat and/or power generation or injected into the gas grid for distribution. It can also be used as a transportation fuel in compressed or liquefied form – bio-CNG and bio-LNG respectively. Secondly, the digestate, an organic soil amendment with the same organic and stormwater management capability as compost.
With this investment, we are pleased to support expansion into North America as we continue to work independently in Europe to advance the adoption of this technology, expand anaerobic digestion know-how and strengthen the financial soundness of waste-to-energy projects. This affiliation between the two companies is an evolution that allows us to offer the North American market not only the most advanced technological solutions for bioenergy and renewable natural gas production from organic waste but also enables us to support projects of great strategic and economic value with developers throughout the world, said Jeff Henslin, CEO of BTS Biogas.
The value of the transaction has not been disclosed