Trilantic Europe has acquired the bioethanol business from Abengoa Bioenergia, including three plants in Spain and one in France, for €140 million, strategically positioning itself in the growing renewable energy market.

Information on the Target

Trilantic Europe has successfully acquired the bioethanol business from Abengoa Bioenergia, valued at an Enterprise Value of €140 million. This acquisition includes three operational plants located in Spain—Cartagena, La Coruña, and Salamanca—and one plant in France situated in Lacq. These facilities are pivotal in producing bioethanol, a renewable energy source that is increasingly becoming a vital part of the energy transition.

The bioethanol plants not only focus on the production of bioethanol as a cleaner alternative to gasoline but also engage in the sale of Distillers Dried Grains with Solubles (DDGS), an important animal feed by-product, along with generating electricity through cogeneration processes. These attributes underline the strategic importance of the acquired assets in a world increasingly dedicated to sustainable energy solutions.

Industry Overview in Spain and France

The bioethanol industry in Spain is gaining traction as part of the country’s efforts to meet renewable energy targets established by the European Union. This sector is a crucial driving force behind the country's commitment to reducing greenhouse gas em