Ductor, Enagás form biogas partnership
The two companies reached an agreement for an undisclosed but ‘substantial’ investment by Enagás Emprende, a corporate venture arm of Spanish gas infrastructure company, Enagás.
Enagás Emprende invests in and accelerates start-ups and innovative technologies in the field of energy transition with special emphasis on renewable gases, such as biogas and hydrogen, sustainable mobility, energy efficiency, digitalisation and cleantech in general.
Ari Mokko, Ductor’s founder and CEO, said: “Enagás has high ambitions to grow within renewable energy and biogas sectors both in Spain and internationally, and we strongly believe that Enagás is an excellent strategic partner to Ductor.
“Spain is a very big market for both renewable energy and organic fertilisers, so this partnership will also make it easier to establish us in the Spanish market. On the other hand, Enagás can benefit from our knowledge in circular economy and turning agricultural waste into biogas.”