Vireo AS successfully secured debt financing for its Hardanger Biogas plant in Norway, aimed at producing bio-LNG from organic waste, marking a significant step in advancing sustainable energy practices.
Target Information
Vireo AS, founded in 2021, specializes in developing, constructing, and operating bio-LNG production plants. The company is committed to becoming Norway's leading bio-LNG producer, characterized by its innovative approaches and sustainability initiatives. Vireo is currently engaged in a significant project, the Hardanger Biogas plant, located in Husnes Industriområde on Norway's west coast.
The Hardanger Biogas plant will utilize approximately 120,000 tons of feedstock annually, sourced from manure, fish, and food waste. It aims to generate around 90 GWh of liquefied biomethane, reinforcing the company’s goal to contribute to a more sustainable energy future.
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Industry Overview
The bioenergy sector in Norway is experiencing significant growth as a result of increasing global demand for sustainable energy solutions. With a strong commitment to renewa
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