Varie
CycleØ acquires Biogasclean to increase fully circular green gas production by capturing CO₂
This strategic acquisition is a significant milestone for CycleØ and the biomethane sector in general. It will enable more efficient and fully circular green gas solutions by capturing the biogenic CO contained in biogas and converting it into e-methane—a sustainable, synthetic gas derived from green hydrogen that can be stored or used as an alternative to fossil natural gas.
The ability to capture naturally occurring CO and convert it into e-methane increases the efficiency of biomethane sites, further reducing greenhouse gas emissions and increasing green gas production by ~70%.
"We are delighted to welcome Biogasclean's talented and experienced team to our Group and look forward to deploying their patented biocatalyst technologies to produce more carbon-negative fuels for the hard to electrify energy, heat, transport, and industrial sectors."
Biogasclean is a global player in the biological desulphurisation field, with five offices in three continents, and over 350 systems operating or underway in 40+ countries.
The company's trailblazing biological methanation technology is proven at scale as an integral part of the world's largest plant to commercially produce e-methane via electrolysis and biological methanation. Located in Sønderborg on Als in Denmark, these facilities inject 33 GWh of sustainable e-methane into the gas grid annually.
"We stand at a pivotal moment, and the window to avoid the worst effects of climate change is getting narrower by the day," . "The combination of CycleØ and Biogasclean is uniquely positioned to reduce methane emissions and capture CO from the atmosphere, at scale."
"CycleØ's acquisition of Biogasclean completes the group's biomethane carbon loop, and helps Europe to meet its aggressive 2030 decarbonisation targets.
"This deal is a further reflection of Ara's sustainability principles and our ongoing focus on decarbonising key sectors with proven technologies."
CycleØ is a pan-European biomethane platform, and a portfolio company of Ara Partners. As an integrated producer of compressed and liquefied biomethane, the company captures methane emissions from the agri-food sector, transforming them into renewable natural gas, or biomethane. This gas is then utilised to decarbonise both the transport and maritime sectors and the gas grid. The company currently has sites in planning and operation in
Spain , Italy and Ireland—with ambitions to build, own and operate at least 50 plants across
Europe by 2028. With its manufacturing subsidiary, FNX, CycleØ employs proprietary, market-leading technology for biogas upgrading and liquefaction.
To learn more about CycleØ, visit www.cycle0.com.
Biogasclean is specialised in biological methanation and desulphurisation of biogas and CO . Biogasclean develops, manufactures and supplies fully automated gas treatment systems combining low operating costs with high availability. The company's track record comprises +350 plants in operation or under construction in +40 countries. Biogasclean supplies clean gas to +700 MW gas engines and boilers and removes sulphur from +40 biogas upgrading plants for biomethane (RNG).
To learn more about Biogasclean, visit https://biogasclean.com.
Ara Partners is a global private equity and infrastructure investment firm focused on industrial decarbonisation. Founded in 2017, Ara Partners seeks to build and scale companies with significant decarbonisation impact across the industrial and manufacturing, chemicals and materials, energy efficiency and green fuels, and food and agriculture sectors. The company operates from offices in Houston , Boston , Washington, D.C. , and Dublin . Ara Partners closed its third private equity fund in December 2023 with over $2.8 billion in capital commitments. As of September 30, 2023 , Ara Partners had approximately $5.6 billion of assets under management.
For more information about Ara Partners, please visit www.arapartners.com.
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Billy Holmes
cycle0@greenhouse.agency
+44 (0)7827 589014
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