Heygaz Biomethane Secures Financing for European Expansion

Heygaz Biomethane's corporate financing from InfraVia Capital Partners signifies a substantial investment in the European biomethane sector. The financing will fuel the development of 15 biomethane projects across Spain, Portugal, Ireland, Norway, and Greece, supporting Heygaz Biomethane's ambitious goal of reaching 1.5 TWh of biomethane capacity by 2030. This investment targets both greenfield development and the conversion of existing biogas assets, indicating a comprehensive approach to expanding biomethane production. The focus on grid injection and bioLNG production further highlights the strategic importance of this financing in decarbonizing industries through the utilization of organic waste. This deal is notable due to its pan-European scope and the involvement of InfraVia Capital Partners, an experienced infrastructure investor. The planned capacity of 1.5 TWh by 2030 represents a significant contribution to Europe's renewable energy targets. The deal underscores the increasing investor confidence in biomethane as a viable and scalable renewable energy source. Given InfraVia's previous activity in digital infrastructure, this investment signals a diversification into the renewable energy sector.