Goldman Sachs Alternatives Backs Andion CH4 with €67 Million Private Credit Facility

Goldman Sachs Alternatives' €67 million private credit facility to Andion CH4 Renewables signifies a strategic investment in the burgeoning European biogas market. This financing will enable Andion to advance its biogas project development in Italy and the Nordic region, supporting its ambition to become a major biomethane operator in Europe. The deal is further bolstered by a substantial equity contribution from existing shareholders, led by Equitix, demonstrating strong confidence in Andion's business plan and the overall market opportunity. BNP Paribas and other advisors provided support for the transaction, indicating the complexity and scale of the deal. The transaction underscores the increasing attractiveness of the biogas sector as a viable renewable energy source. With energy security and climate targets driving growth in the European biogas market, this financing positions Andion to capitalize on the rising demand for biomethane. The involvement of Goldman Sachs Alternatives, a prominent player in alternative investments, lends credibility to Andion's strategy and highlights the growing interest from institutional investors in renewable energy infrastructure projects. This deal is a testament to the increasing maturity of the biogas sector and its potential to contribute significantly to Europe's energy transition.