BALANCE Boosted by CVC DIF's Renewable Energy Partnership

Dutch Infrastructure Fund BV and CVC's infrastructure strategy arm, CVC DIF, are set to acquire a 49% stake in BALANCE Erneuerbare Energien GmbH, a biogas subsidiary of VNG AG. The acquisition will be made through the DIF Infrastructure VII fund and is aimed at supporting BALANCE's growth trajectory. BALANCE, one of Germany's largest biogas operators, is expected to play a vital role in the renewable energy landscape, given its ability to generate energy independent of weather conditions. The transaction will enhance BALANCE's competitiveness and is aligned with VNG's corporate strategy of expanding its green gas portfolio. Both Ulf Heitmller, CEO of VNG, and Gijs Voskuyl, Managing Partner of CVC DIF, emphasized the strategic importance and expected synergies arising from this partnership. The transaction's completion, however, is contingent upon approval from relevant antitrust authorities.