In Italy, Plenium Partners announced the financing for its first biomethane plant in Italy. ING Italia has provided over €25 million in financing for this project through a bilateral Project Finance.
This is the first plant of a larger portfolio that includes three other biomethane plants in Italy, whose management agreement was closed last July, in partnership with Aragorn Value Leadership. The plant is located in Lombardy, in the province of Pavia. The plant is in an advanced stage of construction, with the prospect of entering into operation in the first quarter of 2026. This first plant successfully participated in the third auction for the biomethane tariff organized by GSE, the manager of incentives for renewables in Italy.
The plant will contribute to improving waste management in the area, treating approximately 50,000 tons per year of livestock and agricultural waste. The contribution to the reduction of greenhouse gas emissions (GHG) will be significantly higher than average, being the plant one of the few biomethane plants in Italy with complete CO2 recovery.
Tags: biomethane, Italy, Plenium Partners
Category: Fuels