1. CIP and current owners to invest in expanding sustainable bioenergy sector in Hjørring, Denmark.
2. CIP’s investment made through CI Advanced Bioenergy Fund I aligned with green energy goals.
3. Sindal Biogas plant to be expanded to process biomass and produce upgraded biogas for the gas grid.
Copenhagen Infrastructure Partners (CIP) and the current owners of the Sindal Biogas plant in Hjørring, Denmark, including KK Invest and DBC Invest, are investing in the ongoing expansion of the sustainable bioenergy sector in Northern Jutland. CIP’s CI Advanced Bioenergy Fund I is making the investment, aligning with its strategy of utilizing industrial and agricultural waste to produce green gas and solve environmental challenges. The expansion of the plant will increase biomass processing capacity, production of upgraded biogas for the gas grid, and production of biogenic CO2 for storage or use in the green transition. This expansion is expected to displace fossil CO2 and create new jobs in the local area.
The partnership between CIP and the owners of Sindal Biogas reflects a shared vision for the growth and development of bioenergy projects. Long-term, risk-taking capital is needed to utilize technological opportunities and increase CO2 displacement, and CIP’s involvement is seen as crucial for the plant’s future success. By maintaining local ownership and commitment, the partners aim to continue the growth of large-scale biogas projects and involve the local community in the green transition.
With a focus on anchoring bioenergy projects locally and ensuring continued growth and development, the partnership between CIP, KK Invest, and DBC Invest sets the stage for further advancements in the sustainable bioenergy sector in Northern Jutland. This collaboration represents a significant step towards meeting environmental challenges and contributing to the green transition.