CNH Industrial takes minority stake in UK biofuel company seeking energy independence for farmers

In the UK, CNH Industrial N.V. has completed the acquisition of a minority stake in Bennamann Ltd., a UK based, fast growing agricultural technology company in the field of clean energy. This acquisition will see CNH Industrial become Bennamann’s exclusive strategic agricultural technology partner.

Bennamann is actively demonstrating how an innovative new approach to energy independent, sustainable farming will facilitate the adoption across a broad spectrum of agribusinesses. This approach maximizes the use of on-site renewable energy resources in combination with animal waste, to supply all the energy needed for the farm, enabling farmers to become ‘Energy Independent’ from fossil fuels, thereby reducing operational costs. It seeks to deliver commercially viable net zero carbon energy products, both biogas and liquid biofuel, from animal waste for sale and distribution, generating additional revenue streams for farmers. It also improves the sustainability of farmland management practices through minimizing artificial inputs such as manufactured fertilizer, lowering operational costs and reducing pollutants. Furthermore, these scalable solutions are focused on reducing initial capital expenditure, rendering the system more accessible to small and medium sized agribusinesses.