SFP Group and SWEN Capital Partners, through its renewable gas impact fund, have jointly acquired a biomethane plant in the Netherlands.
The two companies have established a long-term partnership to pursue investments in large-scale biomethane projects across the Netherlands, starting with the 2,200 normal cubic metres per hour (nm3/h) facility in Westdorpe, owned by Aben Green Energy.
“We are very happy that we have found a partner like SWEN CP, which shares our vision,” said Erik Brouwer, managing director of SFP Group.
“We believe that together, we can really make a difference, and this first transaction that we have made together is a big step towards our common goal, fuelling the future. SWIFT is the right partner for us to expand our business.”
Olivier Aubert, SWEN’s fund manager, commented: “We are proud about our partnership with Niels and Erik and excited to have this biogas plant for our first transaction in the Netherlands.
“The plant was commissioned two years ago and since then, it shows excellent production results. The plant in Westdorpe produces 2,200 nm3/h of biogas and recycles more than 150,000 tonnes of waste.
“Our common ambition is to double its production capacity and address growing bio-LNG needs of the European market. We look forward to further expanding our partnership with SFP Group.”