Global private markets firm Partners Group has acquired a 60MW portfolio of 35 biogas plants and 10 biomethane plants across northeast Germany from Energiedenker Group.
Based in Switzerland, Partners Group said it will work with management to build out the biogas and biomethane platform, developing ancillary service lines and strengthening contract management capabilities.
News of the purchase comes at a time when Europe is looking to meet ambitious decarbonisation goals. Set to play a huge part in achieving such goals, Germany has the largest biogas and biomethane markets – with ambitious production targets.
David Daum, Managing Director and Co-Head of Private Infrastructure in Europe at Partners Group, notes that the company is investing in an infrastructure platform that is benefiting from tailwinds driving the transition of biogas and biomethane from peripheral fuels into mainstream energy sources.