We have advised biogeen GmbH (biogeen), a leading German biomethane energy platform and a portfolio company of Swiss infrastructure investor Partners Group, on the acquisition of a portfolio consisting of two biomethane plants located in Bavaria, Germany, from joint shareholders Steinbeis Holding (Steinbeis) and Abel Group (Abel). The portfolio has an aggregated biomethane capacity of 900 Nm3/h (approximately 80 GWh/a) and supplies district heating to local communities.
With its newest acquisition, biogeen operates 48 biogas plants across north-east Germany and is committed to creating a future for generations to come in a sustainable, efficient, and cooperative manner by generating climate-friendly, regional, and permanently available energy with biogas plants.
Steinbeis is an industrial family office that specialises in the management of sustainable assets with a distinct focus on sectors such as recycling paper, environmentally friendly energy, and circular economy, while Abel operates in the field of renewable energies, with a focus on electricity and photovoltaic storage, biogas as well as mobile communications, and electrical engineering.
This acquisition marks an important milestone for biogeen’s inorganic growth strategy, providing a strategic foothold in the southern region of Germany and enabling future growth opportunities.
