Copenhagen Infrastructure Partners (“CIP”) has entered into an agreement to acquire a majority stake in Sindal Biogas, which CIP will operate with the current shareholders KK Invest and DBC Invest in future. Together, the parties will be developing and investing in the biogas plant, making it one of Denmark’s largest and leading plants within bioenergy.
Sindal Biogas was formed in 2017 and is currently undergoing a major expansion to which CIP will be contributing. The plan is for the plant to be able to process even larger volumes of biomass in the long term than today. The increased volume of biomass will lead to annual production of upgraded biogas of up to 34m m3. The intention is also to capture, store and utilise the biogenic CO2 produced by the plant in the green transition.
To CIP, the acquisition of the majority stake in Sindal Biogas is an important addition to their biogas project portfolio, and it is a project which positively supports the green transition while creating growth and workplaces in Northern Jutland.
Accura advised CIP in connection with the transaction.