TotalEnergies has reached an agreement to sell a 50% stake in Polska Grupa Biogazowa to HitecVision, aiming to leverage complementary expertise to expand biogas production capacity in Poland.

Information on the Target

Polska Grupa Biogazowa (PGB) is a leading biogas company in Poland, established in 2007. Currently, it operates 20 biogas production units and has a capacity of over 450 GWh of equivalent biomethane. Following its acquisition by TotalEnergies in 2023, PGB aims to expand its operations significantly, targeting an ambitious goal of reaching 2 TWh of equivalent biomethane production capacity by 2030. The company is currently constructing two additional plants in Poland, focusing on diversifying its offerings within the biomethane segment.

Industry Overview in Poland

Poland’s biogas industry is undergoing rapid development, driven by an increasing demand for sustainable energy sources and a commitment to reduce carbon emissions. The Polish government has set forth ambitious renewable energy targets, aiming to enhance the contribution of biogas in the energy mix. Various incentives and regulatory frameworks are being established to encourage investment in biogas projects, making it a favorable environment for growth.

Furthermore, the European Union's push for decarbonization aligns well with Poland's efforts to transition its energy sector. The biogas market has gained traction as a viable alternative to fossil fuels,