US-headed Mobius Renewables LLC, a global, vertically integrated low-carbon fuels platform established in December 2025 by funds managed by IFM Investors to accelerate the development, production, distribution, and commercialization of biomethane – aka renewable natural gas (RNG) – at scale across North America and Europe, has announced the closing of the acquisition of Air Liquide’s biogas production activities in the United States, France, Norway, and Sweden.
According to a statement, the acquisition includes six operating landfill gas-to-RNG sites in the US and five operating farm waste sites in France.
The deal also includes a 51 percent interest in Redo Biosolutions AS, with Skagerak Energy AS retaining a 49 percent stake.
Redo Biosolutions has four RNG production facilities in Norway and one in Sweden, as well as nine public bioLNG/bioCNG refuelling stations in southern Norway. The company will retain the Redo Biosolutions strategy and brand.
The acquired portfolio, the transactional value of which has not been disclosed, will be a meaningful addition to Mobius Renewables, which remains headquartered in Houston, Texas, with additional offices in the United States, France, Norway, and Sweden.
Mobius Renewables is now established
With this transaction, the establishment of Mobius Renewables is complete, and GreenGasUSA and the acquired portfolio will operate under one brand, aspiring to set a new standard for scale, reliability, and partnership in the RNG industry.
Generating and distributing over 5.5 million MMBtu of renewable natural gas each year from landfill gas and anaerobic digestion, the company says that it is “well-positioned” to become a leading producer of RNG globally.
This acquisition reaffirms IFM’s commitment to the low-carbon fuels sector and will prioritize operational excellence and disciplined growth, advancing both organic development and targeted acquisitions.
I am thrilled to welcome new teams from the US, France, Norway, and Sweden to Mobius Renewables. With this transaction, our teams can now focus on improving operations and investing in new projects as we set the foundation for future global growth. We remain partnership-focused and have an unparalleled position with the right expertise, the right capital, and the right mindset to unlock value for our partners while accelerating measurable progress toward their sustainability goals, said Cynthia Walker, President and CEO of Mobius Renewables.
