Mitsubishi Corporation, one of Japan’s largest integrated business enterprises, has acquired a minority equity stake in KIS Group’s Indonesia operations, representing the company’s first entry into the global biogas sector.
Founded in 2006 by K.R. Raghunath, KIS Group operates in 11 countries, including India, Indonesia, Malaysia, Singapore, the USA, UAE, Brazil, Colombia, Qatar and Spain.
The firm provides end-to-end renewable energy solutions across industries such as palm oil, sugar, dairy, paper, distilleries and agro-processing.
With Mitsubishi’s backing, KIS Group plans to invest USD 1 billion (€930 million) in renewable gas and biofuel projects across Southeast Asia, India and Europe by 2030, while expanding into North and South America and other European markets over the next five years.
KIS has already developed multiple biomethane and renewable gas projects across its operating regions and signed long-term supply agreements with major corporations, including Unilever and Shell.
It also collaborates with companies such as Toyota, Godrej, Sinarmas, Banas Dairy, and Maruti Suzuki.
The partnership aims to leverage Mitsubishi’s presence in over 90 countries to accelerate international expansion, co-develop advanced biogas, BioCNG and BioLNG solutions, and embed global best practices for efficiency, scalability and governance.
It also seeks to strengthen supply chain resilience and support shared ESG goals in the low-carbon energy transition.
K.R. Raghunath, CEO of KIS Group, said: “This strategic collaboration with Mitsubishi Corporation will propel KIS Group to the next orbit of growth. By combining our strengths with Mitsubishi’s global reach and expertise, we aim to accelerate the adoption of reliable, low-carbon energy solutions worldwide.”
Mitsubishi Corporation takes stake in KIS Group to enter global biogas market
