GMT lands $264M from ING to deliver its UK biomethane platform
In the UK, GMT has secured a £195 million project finance facility from ING to support the delivery of its UK biomethane platform. The financing, structured as a non-recourse, multi-project debt facility, represents a significant milestone for GMT and reflects growing investor confidence in biomethane as a core component of the UK’s energy infrastructure.
The facility includes an initial £80 million committed tranche and an accordion facility of up to £115 million to support future platform expansion.
This structure enables GMT to scale deployment across a portfolio of assets, addressing one of the sector’s long-standing challenges: the ability to finance and replicate projects efficiently at scale.
Unlike traditional corporate financing, the facility is secured against individual projects and their contracted revenues, underlining the strength of GMT’s development model, feedstock strategy, and offtake agreements.
Category: Fuels
