Goldman Sachs Asset Management establishes Verdalia Bioenergy to support biogas expansion

February 7, 2023 |

In the UK, Goldman Sachs Asset Management, through its infrastructure investing business has established Verdalia Bioenergy, a new business focused on developing, acquiring, building and operating biomethane plants across Europe. The investment will aim to contribute to Europe’s decarbonization and energy security agenda, adding significant biomethane production capacity.

Verdalia Bioenergy will be looking to invest in both early-stage development projects and larger operational assets. The Company has already signed its first agreement to purchase, subject to regulatory approval, a portfolio of biomethane projects in mid-stage development in Spain, with total capacity of c. 150 GWh/year.

Verdalia Bioenergy aims to become a leading biomethane operator, starting from Spain and subsequently expanding across Europe, and to deploy in excess of €1 billion over the next 4 years.

Category: Fuels

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