Bionext Infrastructure secures €113 million financing package from BNP Paribas, Crédit Agricole CIB, and SMBC to expand biomethane production in Italy

Bionext Infrastructure, Aberdeen’s Italian biomethane platform based in Milan, secured a €113 million ($131 million) financing package from BNP Paribas, Crédit Agricole CIB, and SMBC to fund the conversion of its existing biogas plants into 15 biomethane production facilities across central and northern Italy. The financing will also support future growth initiatives as the platform scales its operations to meet Italy’s renewable energy targets. Bionext currently operates 15 plants transitioning from biogas to biomethane, with each facility underpinned by a 15-year incentive structure to ensure revenue stability. The expansion aligns with Italy’s biomethane production goals and broader European energy transition efforts, positioning Bionext as a key player in the country’s decarbonization roadmap. The deal is part of Aberdeen’s third core infrastructure fund, ASCI III, and follows the platform’s establishment in 2023. Legal advisors were not disclosed in the announcement.

Counterparts (5)

Lender

BNP Paribas

company · 6 deals

BNP Paribas is a global financial institution that provides financing and investment solutions across various sectors, including renewable energy. They support the development and deployment of renewable energy projects through project finance, advisory services, and capital markets solutions.

SMBC

company · 4 deals

SMBC Group is committed to the growth of its clients, the development of its people, and the advancement of society. They aim to promote a better and safer world for all, supporting business development of clients around the world.

Crédit Agricole CIB

company

borrower

B

Bionext Infrastructure

company

parent_company

Aberdeen Standard Investments

company

abrdn is a global investment company that focuses on delivering long-term investment solutions. They invest across a range of asset classes, including infrastructure, and aim to generate sustainable returns for their clients.