Cristiano Campi, chief commercial officer at Verdalia gives insights into Italy’s biomethane sector, and how Verdalia plans to expand.
Verdalia Bioenergy was set up two years ago by Goldman Sachs’ private equity arm to build a biomethane platform across Europe.
“Until three or four years ago, the biomethane industry was vast and dispersed – with a lot of single plants owned by entrepreneurial farmers or by small companies in the transportation space,” explained Cristiano. “So there was a scope to start aggregating things, to start introducing some uniformity in terms of plant management and in terms of approaching the market.”
“And so Goldman Sachs decided to invest, between equity and debt, about €1 billion into either building or buying plants. The ambition for Vedalia is to be a pan-European company. We want to be in at least three countries – we are currently in two.”
The two countries the company is currently operational in are Italy and Spain. The company has different portfolio approaches, with the first being tariff-driven (in Italy), and...
