Hive Energy acquires 50 percent stake in DBG Group

According to a statement, this partnership marks Hive Energy’s latest progression in its mission to create transformational change for a cleaner future through partnering with world-class circular economy companies.

Hive Energy is determined to drive transformational change to prevent climate change. I am delighted to be partnering with the DBG Group as they have an exciting, achievable, and ambitious plan, which will prevent an industrial waste stream from being incinerated, and instead process it to produce organic fertilizers and green biogas- two important commodities that the world needs as it moves to Net Zero Carbon, said Giles Redpath, CEO of Hive Energy.

DBG Group has a proprietary enzymatic conversion technology to process organic residues into biogas and biofertilizers. The company is already working with partners in the Netherlands to secure a port-based site for its first commercial-scale waste-to-energy to process industrial organic residues into liquefied biomethane (bioLNG) and biofertilizers.

The plan is to process 270 000 tonnes per annum of industrial waste into 4 500 Nm3/hr of biogas and 150 000 tonnes per annum of biofertiliser.

This will not only provide valuable “green” commodities but will also offer paper mills an environmentally beneficial and cost-competitive method to process waste streams.

I am very excited about this partnership. Hive Energy is the ideal partner for the DBG Group. We both want to build strong and effective Circular Economy activities that will reduce climate change, and build a greener future for all. We have a strong team and a strong plan, processing a problematic waste stream, which is expensive to dispose of, into two valuable commodities. We hope that our first site is the first of many, said Berkay Güres, CEO of DBG Group.