Finland-headed gas- and energy major Gasum Oy has announced that it has signed a share purchase agreement for 100 percent of the shares in Hærup Biogas ApS, which owns and operates a biogas plant in the northern part of mainland Denmark.
Currently, Hærup Biogas mainly uses manure to produce approximately 40 GWh of biogas per annum which is used for power and heat production at the biogas plant and by the local district heating company Klejtrup Varmeværk.
Gasum is looking forward to continuing the long-term relationship with Klejtrup Varmeværk.
Further, Gasum plans to invest in a biogas upgrading unit and a gas grid connection for the biogas plant to fully utilize the existing permitted production capacity.
This acquisition is one step towards Gasum’s strategic goal of significantly increasing our biogas offering. We are both making investments into increasing our own production as well as sourcing more from trusted European partners. Acquiring Hærup Biogas allows us access and deeper insight into the Danish biogas market. Denmark is an attractive location for biogas production because of its strong agricultural sector: manure feedstock availability is good, fertilizer demand is high, and transport distances are short, said Mika Wiljanen, CEO of Gasum.
Ambitious increase in biogas availability
The acquired operation will be Gasum’s first biogas plant in Denmark, Europe’s fourth largest biogas producer with over 8,000 GWh produced annually.
Gasum’s strategic goal is to bring seven terawatt hours (7 TWh) of renewable gas to the Nordic market yearly by 2027. Part of this plan is to construct five new large-scale biogas plants in Sweden.
The first of these plants will start production in early 2025, the second is under construction.
