Green Energy

Verdalia Bioenergy secures €671 million to accelerate biomethane across Spain & Italy

Verdalia Bioenergy has closed a landmark €671 million corporate financing, the first and largest of its kind in the European biomethane sector. The transaction will support the company’s investment plan to build and operate a portfolio of projects across Spain and Italy with an aggregate production capacity in excess of 3 TWh per year – equivalent to the annual consumption of nearly one million households. The total capital to be deployed in the portfolio will exceed €1 billion.

The financing, structured to provide strategic flexibility, will cover biomethane plants construction as well as acquisitions, giving Verdalia the tools to pursue both greenfield and brownfield growth over the next four years.

The portfolio already includes seven plants in operation and six under construction in Italy, which are expected to start injecting biomethane into the grid in early 2026. In Spain, Verdalia is currently building its first plant and will commence construction of two additional facilities before the end of this year.

The transaction was supported by a consortium of leading international banks – ING, Société Générale, UniCredit, BBVA, SMBC, Santander and Sabadell – alongside global investment group La Caisse and Rivage.

Fernando Bergasa, Chairman & CEO of Verdalia Bioenergy, said, “It demonstrates the trust of top-tier financial institutions in our strategy and underlines the role that renewable natural gas will play in achieving decarbonisation targets and energy independence.”

Matteo Botto Poala, MD in Infrastructure at Goldman Sachs Alternatives, added, “We are proud to support Verdalia in this landmark transaction. This financing validates the ability to attract infrastructure capital into the biomethane sector and highlights the scalability and resilience of biomethane as a core pillar of Europe’s energy transition.”

Verdalia aims to invest over €1 billion in developing, building or acquiring & operating large assets to become one of the leading pan European biomethane operators.

Subhash Yadav

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