Goldman Sachs Alternatives Provides €67M Credit Facility to Andion for Biogas Projects in Europe
Andion CH4 Renewables has obtained a €67M credit facility from Goldman Sachs Alternatives, supplemented by equity from existing shareholders. This funding will advance Andion's project pipeline in Italy and the Nordic region, aiming for over 1 TWh of biogas and biomethane production by 2030. The financing follows Andion's acquisition of a majority stake in the Enerland biogas plant in Italy, utilizing anaerobic digestion for renewable biomethane production.
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Andion CH4 Renewables secured a €67M private credit facility from Goldman Sachs Alternatives, with additional equity from existing shareholders, in a deal led by Equitix. This financing will support Andion's projects in Italy and the Nordic region as it targets over 1 TWh of biogas and biomethane production by 2030.
The deal follows Andion's acquisition of a majority stake in the Enerland biogas plant in Bologna, Italy, which will use anaerobic digestion for renewable biomethane. The funding reflects growing institutional interest in the European biomethane sector.
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