Four countries to pursue tenfold increase in North Sea wind to 150 GW
May 19, 2022 10:08 CESTNew European Energy JV acquires Danish biogas producer
Image by European Energy
January 7 (Renewables Now) - Danish renewables developer European Energy A/S today said that in a joint venture with Maigaard & Molbech it has acquired Danish biogas producer Vinkel Bioenergi as a first step in creating a “circular bioeconomic group.”
The joint venture with family office Maigaard & Molbech, which is acting on behalf of private investor Bo Bendtsen, is called BioCirc ApS.
According to Maigaard & Molbech managing director Bertel Maigaard, the BioCirc group will focus on recycling, waste-to-energy, renewable energy and Power-to-X.
European Energy said Vinkel Bioenergi will support the production of e-methanol. Its chief executive Knud Erik Andersen commented that biogenic carbon dioxide (CO2) is an important component of decarbonising e-fuels for sectors such as heavy transportation and aviation. European Energy plans to use the CO2 from the production of biogas at Vinkel Bioenergi in the production of e-methanol to be supplied to companies such as Circle K and Maersk, he added.
More stories to explore
Consumers Energy, Ranger Power ink PPAs for 300 MW of solar in Michigan
May 19, 2022 9:55 CEST
INTERVIEW - Energy security, capital markets in EBRD's focus in SEE
May 19, 2022 8:42 CEST
Maoneng secures grid approval for 240 MWp/480 MWh BESS in Victoria
May 19, 2022 7:08 CEST
EC presents REPowerEU Plan with new renewables, green H2 targets
May 18, 2022 17:03 CEST
Hywind Scotland to use Proserv cable monitoring tech
May 18, 2022 16:33 CESTShare this story
Tags
About the author
