Sustenso has exited its investment with PDENH by selling its biogas facility to ENGIE to enhance scalability and focus on innovative waste management projects.
Information on the Target
Sustenso is an innovative company specializing in the conversion of organic waste into biogas. As of April 8, 2024, Sustenso has exited from the investment fund PDENH following the sale of its biogas facility in Alkmaar to technical service provider ENGIE. This strategic move aims to facilitate a quicker scale-up of the biogas installation, enabling the company to optimize its operations and further its environmental impact. Sustenso will maintain collaboration with ENGIE, continuing its projects focused on recycling waste streams such as CO2 and digestate.
The biogas facility in Alkmaar utilizes vegetable and fruit waste that is no longer suitable for other processes, converting it into renewable energy. The project's success has been supported by PDENH and other financiers, who provided essential investments that made the establishment of the biogas facility viable, thus contributing significantly to the energy transition.
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Industry Overview
The biogas industry in the Netherlands is undergoing significant transformation, driven by increasing demand for sustainable energy solutions and the push for energy independence. Sustainability initiatives across the country have emphasized the importance of renewable e
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ENGIE
invested in
biogas installation in Alkmaar
in 2024
in a Other deal