Trilantic Europe has acquired the bioethanol business from Abengoa Bioenergia for €140 million, encompassing key plants in Spain and France.

Information on the Target

Trilantic Europe has successfully acquired the bioethanol business from Abengoa Bioenergia for an enterprise value of €140 million. This acquisition includes four key plants: three located in Spain (Cartagena, La Coruña, and Salamanca) and one situated in France (Lacq). These facilities play a vital role in the production and distribution of bioethanol, a type of renewable energy that serves as a sustainable alternative to traditional gasoline.

The bioethanol plants are not solely engaged in bioethanol production; they are also involved in the sale of Distillers Dried Grains with Solubles (DDGS), an essential by-product used in animal feed, and generate electricity through cogeneration processes. This diverse operational capability enhances the value proposition of the acquired assets, promoting both environmental benefits and energy efficiency.

Industry Overview in Spain and France

The bioethanol industry in Spain and France is experiencing significant growth, supported by increasing government initiatives aimed at promoting renewable energy sources. Both countries are committed to reducing greenhouse gas emissions