Sustenso has sold its biogas facility in Alkmaar to ENGIE, strategically positioning itself to enhance scalability and continue its commitment to sustainable energy solutions.
Information on the Target
Sustenso is an innovative company specializing in converting organic waste into biogas. Effective April 8, 2024, Sustenso will transition from the investment fund PDENH following the sale of its biogas facility located in Alkmaar to the technical service provider ENGIE. This strategic sale aims to enhance the scalability of the facility, allowing Sustenso to continue collaborating with ENGIE while pursuing additional projects focused on recycling waste streams, such as CO2 and digestate.
Industry Overview in the Netherlands
The biogas industry in the Netherlands is experiencing significant growth, driven by increasing demand for sustainable energy sources. As the country aims to transition towards greener energy solutions, biogas has emerged as a viable alternative, especially in the context of waste management and reduction. The rising interest in renewable energy has spurred investments and innovations within this sector.
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The government has implemented various policies and incentives to promote renewable energy, including biogas production, which plays a crucial role in achieving the Netherl
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ENGIE
invested in
Sustenso
in 2024
in a Other Private Equity deal