Titan Energy acquires 45% stake in Molgas Energy

In the Netherlands, Titan Energy Holding, the parent company of Titan Clean Fuels (hereafter Titan) closed a successful funding round for a 45% equity stake with further follow-on rights from Molgas Energy, backed by infrastructure fund investor InfraVia Capital Partners. Molgas is a leader in small-scale downstream LNG and Renewable Gas supply and distribution in Western Europe with over 20 years’ experience in the energy service sector for LNG to industrial, cogeneration, vehicular and maritime applications.
Titan is a leading independent liquified biomethane (LBM/bio-LNG) and LNG supplier to the maritime and industrial sectors. It owns and operates a diverse fleet of small-scale LBM/LNG supply vessels deployed globally. LBM/LNG has been safely delivered via Ship-to-Ship operations across Northern Europe, the Mediterranean, Southeast Asia, Cape Verde Islands, and the Caribbean. Titan is part of the consortium building the world’s largest (LBM) liquefaction plant in the Port of Amsterdam, which will produce over 100,000 metric tons of LBM per year. The investment in Titan aims to accelerate the global uptake of alternative fuels like LBM in the maritime sector and complements Molgas’ build-out of alternative fuels supply across Europe and beyond. Molgas’ entrepreneurial growth journey is made possible with the support and financial strength of Paris-based InfraVia Capital Partners.