ENGIE strengthens presence in biomethane with acquisition of its first production unit in Belgium
- ENGIE acquires a biomethane plant in Belgium with a production capacity of 68 GWh/yr
- This acquisition will contribute to ENGIE's objective of producing 10 TWh/yr of biomethane in Europe
ENGIE continues to increase its biomethane production capacity in Europe with the acquisition of a new unit in Belgium, the Group's first biomethane production facility in the country.
Following on from its recent acquisitions in the Netherlands and England, this strategic purchase from the Schelfhout family is in line with the Group's objective of building a European production platform to accelerate its development in the biomethane sector.
Located in Bree, in the Flemish region, and operational since 2013 in cogeneration (production of heat and electricity from biogas), this plant will be the first in the country to be converted to inject biomethane into the local gas network from October 2024. It will have an annual biomethane production capacity of 68 GWh, equivalent to the annual consumption of 6,000 households.
ENGIE is one of the leaders in the development of biomethane in Europe, with an annual production capacity of over 1 TWh from 22 units in France, two in the Netherlands and four in the UK.
This new acquisition is a strategic move to enter the new biomethane market in Belgium, a historic country for ENGIE, where the Group supplies energy to 2.7 MM customers.
Cécile Prévieu, Executive Vice President in charge of ENGIE’s Networks activities, said: “This new acquisition is a concrete illustration of ENGIE's accelerating strategy in renewable gases, which are essential to the energy transition and the decarbonization of the European economy. It strengthens ENGIE's position by establishing a foothold in a fourth growth country for biomethane production in Europe, a renewable and local energy.”
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