Copenhagen Infrastructure Partners (CIP) is investing in Italy’s Via Verde biomethane platform, marking its debut in the Italian biomethane market.
It is the first investment to be made on behalf of CIP’s Advanced Bioenergy Fund II, which focuses on the development, construction and operation of biogas plants across Europe, converting agricultural waste and other sustainable feedstock into biomethane.
Via Verde has a pipeline of 20 development projects across Italy, including Lombardy, Abruzzo and Campania. Each plant is expected to process approximately 60,000 to 100,000 tonnes of agricultural waste annually.
Once operational, the plants are designed to deliver approximately 1TWh of biomethane annually, equivalent to the annual gas consumption of around 60,000 Italian households.
Andreas F Brandt, partner at CIP, said: “Via Verde marks our entry into one of Europe’s most attractive biomethane markets, giving us a strong foothold as Italy scales towards its 2030 biomethane targets.
“CIP will leverage its advanced bioenergy expertise to support Via Verde’s experienced local team and substantial project pipeline, laying a strong foundation for long-term growth. We believe biomethane will play a key role in strengthening Italy’s energy independence and supporting its transition to a lower-carbon energy system.”
Supported by favourable market fundamentals and policy support mechanisms, Via Verde is expected to establish an early at-scale position in the Italian biomethane market and support the expansion of domestic renewable gas production, CIP added.
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