EBRD loans SIA Next Biogas $30 million for Latvian biomethane project
The Bank’s investment will help HoSt Group to acquire an existing biogas plant in Lēdurga, Latvia and convert it into a biomethane production facility. Once operational, the facility will be one of the largest biomethane plants in the country, producing around 80,070 MWh of biomethane per year, which will be transported and injected into the gas grid for both domestic use and export to European markets. The production process also captures biogenic CO₂, creating a secondary sustainable product while ensuring a highly carbon-neutral production cycle.
Category: Fuels
