Infranode has agreed to acquire a 49% stake in the two biogas plants Thorsø Biogas Anlæg and Foersom Bioenergi
January 2024 — Infranode AB has agreed to acquire a 49% stake in the two biogas plants Thorsø Biogas Anlæg and Foersom Bioenergi. The acquisition marks Infranode’s first entry into the biogas sector, representing a new strategic direction in line with the fund’s focus on sustainable infrastructure investments. The new partnership with Renegas enables a significant expansion plan for the two plants and positions Renegas as a platform for acquiring additional biogas plants.
Infranode, headquartered in Stockholm, Sweden, is a long-term infrastructure investor with a particular focus on the Nordic countries. Infranode invests in energy and renewables, digital infrastructure, transport and social infrastructure. Infranode manages approximately US$2 billion in committed capital on behalf of its institutional investors.
Foersom Bioenergi, located near Tarm, Denmark, is a greenfield biogas plant developed by Renegas. The plant produced its first gas in December 2022 and aims to be the first Danish biogas plant to operate without subsidies. Thorsø Biogas, located between Silkeborg and Randers, Denmark, is a brownfield plant initially developed in 1994 and continuously updated since then. With the new partnership, Renegas is now able to realize a significant expansion plan for its two plants, aiming to double their capacity by 2026 from the current 160 GWh/year.
Renegas is a Danish group that owns and operates biogas plants in addition to providing services throughout the value chain including project development, engineering, and gas and certificates trading.
Our role in the transaction
Oaklins’ team in Denmark was engaged by Infranode as strategic and financial advisor in this transaction.
Silas Harbo
Head of Investments, Infranode AB Denmark
Talk to the deal team
Kim Harpøth Jespersen
Oaklins Beierholm
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn more