Inewa acquires another Biogas production plant in Italy
Inewa has acquired 100% of B.T.C. Soc. Agricola S.r.l. and its Biogas production plant in Castelverde, about 100 km from Milan. With this new acquisition, supported by Elevion Group, inewa takes another important step in its path of growth and consolidation in the BIOENERGY and ADVANCED BIOMETHANE production sector in Italy.
By March 2023, the revamping of the plant will be completed. Subsequently, the upgrading process for biogas purification and biomethane production will be started with completion targeted for the first half of 2025.
Once fully operational, the plant will be able to produce 2.2 million smc of biomethane annually, equivalent to the consumption of 24 heavy trucks over their entire life cycle. The main quantity of biomasses used for the production will be self-procured on 150 ha rented lands. The plant will also provide 8 GWh of electricity annually and the total CHP power will be 999 kWe.
The acquisition of this new asset confirms the willingness of inewa and Elevion Group to continue investing in bioenergy, a strategic sector for the energy transition in Italy.