French utility Engie and European investment firm Mirova have signed a strategic partnership agreement in the biogas sector, inspired by a development model normally associated with wind and solar energy.
Mirova, a subsidiary of Natixis Investment Managers specialising in responsible investment, is acquiring a 50% stake in Dana Gaz, which already runs nine operating units (seven biomethane production plants with an installed capacity of 15.5MWg and two cogeneration plants with an installed capacity of 2MW), developed and constructed by Engie.
Through its subsidiary Engie BioZ, this partnership enables Engie to accelerate the development of its biomethane projects by increasing its investment capacity in this activity.
... to continue reading you must be subscribed
