Copenhagen Infrastructure Partners enters Italian biomethane market via Via Verde
Asset manager Copenhagen Infrastructure Partners entered the Italian biomethane sector by acquiring a stake in Via Verde securing a development pipeline of 20 projects
Copenhagen Infrastructure Partners (CIP) has finalized plans to enter Italy's biomethane market through its newly launched investment called Via Verde. ABF II, the investment arm of CIP, is focusing on the development, construction, and operation of biogas plants across Europe. This marks CIP's first investment and their debut in Italy's biomethane market.
The venture will create local jobs and provide Italy with domestically produced biomethane, which will replace imported fossil gas. This move will support both Italy's energy independence and decarbonisation efforts.
Via Verde involves a pipeline of 20 projects strategically located in various regions of Italy, including Lombardy, Abruzzo, and Campania. Each facility is designed to process 60,000 to 100,000 tonnes of agricultural waste annually. Upon completion of all 20 projects, Via Verde will generate around 1 TWh of biomethane annually. This amount is equivalent to the annual gas consumption of approximately 60,000 Italian households.
Andreas F. Brandt, a partner at CIP, expressed excitement about the new investment, stating that Via Verde represents a strong foothold for CIP in one of Europe's most attractive biomethane markets. CIP plans to leverage its advanced bioenergy expertise to support Via Verde's local team and substantial project pipeline, ensuring long-term growth in the sector. Brandt believes that biomethane will play a crucial role in enhancing Italy's energy independence and fostering its transition towards a lower-carbon energy system.
With favourable market fundamentals and strong policy support mechanisms, Via Verde is expected to establish itself as an early at-scale player in the Italian biomethane market. This will, in turn, help expand domestic renewable gas production. For more information on this investment, visit CIP's website at www.cip.com.
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