Sustenso has sold its biogas facility in Alkmaar to ENGIE, aiming to accelerate the project's scaling and contribute to the energy transition while focusing on further sustainable initiatives.
Information on the Target
Sustenso is an innovative company dedicated to transforming organic waste into biogas. As of April 8, the company has decided to exit the investment fund PDENH following the sale of its biogas facility in Alkmaar to the technical service provider ENGIE. This strategic decision is aimed at facilitating a quicker scaling of the biogas installation. Sustenso intends to maintain collaboration with ENGIE, focusing on other projects related to waste reuse, including CO2 and digestate utilization.
The biogas facility in Alkmaar converts vegetable and fruit waste that is no longer suitable for other processes into green energy. This conversion process plays a significant role in supporting the energy transition by providing renewable energy solutions.
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Industry Overview in the Netherlands
The biogas industry in the Netherlands has been gaining momentum due to increased awareness of environmental issues and a push for sustainable energy sources. With the Net
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ENGIE
invested in
Sustenso biogas installation
in 2023
in a Other Private Equity deal