Copenhagen Infrastructure Partners reaches FID on large Spanish biogas plant
In Spain, Copenhagen Infrastructure Partners (CIP), through its Advanced Bioenergy Fund I (ABF I), has reached final investment decision (FID) on what will be one of Spain’s largest biogas plants, Cobirgy, located in La Sentiu de Sió, Lérida (Catalonia). The Cobirgy plant is ABF I’s fifth investment and its third outside Denmark. ABF I is thus well on track to deploy the fund’s EUR 727 million of committed capital.
With an estimated annual biomethane production of more than 230 GWh, Cobirgy is expected to have the highest biomethane output of any biogas plant in Spain to date, along with the production of approximately 150,000 tonnes of soil improver and organic fertiliser products per year. Using state-of-the-art technology, the plant will contribute significantly to reducing greenhouse gas emissions and local nitrate pollution.
Category: Fuels
