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French fund management company invests in Norwegian biogas plant project
Vireo AS, a company established by Hardanger Biogass and Lista Biogass, has secured financing from SWEN Capital Partners, a Paris-based fund management company, for its Norwegian biogas plants in Husnes and Lista. According to the report, the investment will enable Vireo to build production and promote a sustainable and circular economy, with a target of full start-up from 1Q25. The Husnes plant will produce 80 GWh of liquid biogas for industrial and transport use.
(From Mundus Nordic Green News on May 2)
French energy giant Neoen is positioning itself to become a leading player in the Swedish renewable energy market
One of the world’s leading independent producers of renewable energy, French company Neoen has established itself in Sweden since autumn 2020, investing €200 million in wind, solar, and energy storage projects across the country. Neoen has a “develop to own” strategy where it remains the sole owner of its projects’ entire life and operation. The company’s first Swedish project is the Storbrännkullen wind farm in Jämtland, while it is building a solar park next to Hultsfred Airport in collaboration with Alight. Neoen is awaiting permits for a dozen or so new projects and aims to be involved in Sweden’s transition to a 100% renewable energy system by 2040.
The above French Nordic green news was brought to you by a collaboration between Mundus International and Chambre de Commerce France Suède (CCFS). For more French Nordic green news, click here