Asterion Invests €1.5 Billion in European Biomethane Projects Through ABIO Platform
Asterion Industrial Partners has invested €1.5 billion in its biomethane platform, ABIO, to become a leading player in Europe's renewable gas sector. This investment, which includes €800 million in equity, will support the development of biomethane assets across various European markets, with plans to expand from six operational plants to 20 by 2026 and 40 by 2030, producing up to 3.5 TWh annually. The initiative aims to enhance energy security and facilitate the energy transition while addressing agricultural waste management.
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Asterion Industrial Partners has allocated €1.5 billion to its biomethane platform, ABIO, aiming to establish a leading European renewable gas enterprise. The investment includes €800 million in equity, split between €400 million from Asterion Industrial Infra Fund III and €400 million from co-investors.
This funding will facilitate the development and operation of biomethane assets in various European markets, with ABIO currently managing six operational plants and six under construction. Asterion anticipates reaching 20 operational plants by the end of 2026, achieving a biomethane production capacity of around 3 TWh within three to four years. The company targets 40 plants by 2030, producing up to 3.5 TWh annually, supporting Europe’s energy transition while addressing agricultural waste management and enhancing energy security.
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