DENMARK – CycleØ Group Limited, a London, UK-based provider of a biomethane platform, announced its acquisition of Biogasclean, a Danish supplier of biological methanation and desulphurisation systems.
The amount of the deal was not disclosed.This strategic acquisition will enable more efficient and fully circular green gas solutions by capturing the biogenic CO2contained in biogas and converting it into e-methane—a sustainable, synthetic gas derived from green hydrogen that can be stored or used as an alternative to fossil natural gas.Biogasclean is specialised in biological methanation and desulphurisation of biogas and CO2. It develops, manufactures and supplies automated gas treatment systems combining low operating costs with high availability. The company’s track record comprises +350 plants in operation or under construction in +40 countries. Biogasclean supplies clean gas to +700 MW gas engines and boilers and removes sulphur from +40 biogas upgrading plants for biomethane (RNG).Led by CEO Laurence Molke, CycleØ is a biomethane platform, and a portfolio company of Ara Partners. As an integrated producer of compressed and liquefied biomethane, it captures methane emissions from the agri-food sector, transforming them into renewable natural gas, or biomethane. This gas is then utilised to decarbonise both the transport and maritime sectors and the gas grid. The company currently has sites in planning and operation in Spain, Italy and Ireland—with ambitions to build, own and operate at least 50 plants across Europe by 2028. With its manufacturing subsidiary, FNX, CycleØ employs proprietary, market-leading technology for biogas upgrading and liquefaction.29/02/2024
