Verdalia Bioenergy Secures €671 Million for Biomethane Ventures

Verdalia Bioenergy, supported by Goldman Sachs, has successfully obtained a substantial financial infusion totaling €671 million, equivalent to $785 million. This funding, sourced from a consortium of prominent banks, is intended to drive numerous projects throughout Spain and Italy.

Boosting Biomethane Production

This financial endeavor aims to substantially elevate Verdalia's production capabilities, aspiring to exceed a total capacity of 3 terawatt hours annually. This energy output is anticipated to meet the yearly requirements of nearly one million homes, as reported in a recent Bloomberg News statement.