Bionext Infrastructure lands $130MM to expand Italian biomethane
In Italy, Aberdeen’s Italian biomethane platform, Bionext Infrastructure, has secured a financing package to fund further growth. The €113 million financing package, provided by BNP Paribas, Crédit Agricole CIB, and SMBC, will support the conversion of the existing platform into 100% renewable biomethane production facilities, as well as fund future growth.
Established in 2023, Bionext Infrastructure comprises 15 operating plants located in central and northern Italy, currently producing biogas and undergoing conversion into biomethane facilities. These will be underpinned by a highly stable 15-year incentive. The platform will significantly contribute to Italian and European biomethane production targets as well as supporting energy transition and energy security macro trends.
Category: Fuels
