Gasum acquires biogas plant in Denmark

Gasum acquires biogas plant in Denmark


Gasum, a Nordic energy company, has signed an agreement to acquire 100 percent of the shares in Hærup Biogas ApS, expanding its biogas production portfolio. Hærup Biogas ApS operates a biogas plant in northern mainland Denmark, marking Gasum’s entry into the Danish market.

The plant currently produces around 40 GWh of biogas annually, primarily from manure, which is used for power and heat at the plant and by the local district heating company, Klejtrup Varmeværk. Gasum plans to build on this established relationship while investing in a gas upgrading unit and a connection to the gas grid to optimise production capacity.

“This acquisition is one step towards Gasum’s strategic goal of significantly increasing our biogas offering. We are both making investments into increasing our own production as well as sourcing more from trusted European partners. Acquiring Hærup Biogas allows us access and deeper insight into the Danish biogas market. Denmark is an attractive location for biogas production because of its strong agricultural sector: manure feedstock availability is good, fertilizer demand is high and transport distances are short,” said Mika Wiljanen, CEO of Gasum.

With the acquisition of Hærup Biogas, Gasum is establishing its first biogas plant in Denmark. As Europe’s fourth largest biogas producer, Denmark generates over 8,000 GWh of biogas annually, making it a strategic addition to Gasum’s operations.

Gasum aims to bring seven terawatt hours (7 TWh) of renewable gas to the Nordic market each year by 2027. This ambitious target includes constructing five new large-scale biogas plants in Sweden, the first of which is set to begin production in early 2025, with the second already under development.

Meeting the 7 TWh goal would result in an estimated 1.8 million tonnes of carbon dioxide reduction annually for Gasum’s customers. Biogas, on average, has lifecycle emissions that are 90 percent lower than traditional fossil fuels like diesel. When manure is used as the feedstock, the process can even lead to negative emissions, offering significant environmental benefits.

This acquisition reinforces Gasum’s commitment to enhancing renewable energy production and supporting the transition to sustainable energy solutions throughout the Nordic region.

For more information visit www.gasum.com

18th November 2024