CVC DIF Partners with VNG AG to Bolster BALANCE's Growth in Biogas Energy
Deal News | Apr 07, 2025 | CVC Capital Partners
CVC Capital Partners, through its DIF Infrastructure VII fund, is acquiring a 49% stake in BALANCE Erneuerbare Energien, a biogas subsidiary of VNG AG. This strategic partnership aims to enhance BALANCE's capacity and growth within the biogas sector, a critical component in Europe's renewable energy landscape. BALANCE operates 42 biogas facilities across Northern and Eastern Germany, supplying energy to 180,000 households. The collaboration aligns with VNG's strategy to boost green gas portfolio by 2030 with an emphasis on sustainable and reliable energy sources. The deal awaits antitrust approvals.
Sectors
- Renewable Energy
- Private Equity
- Infrastructure
Geography
- Germany – BALANCE operates 42 biogas facilities in Northern and Eastern Germany, integral to the country's renewable energy sector.
Industry
- Renewable Energy – The article involves BALANCE, a leading operator of biogas facilities, which contributes to green energy supply.
- Private Equity – CVC Capital Partners, a private markets manager, is acquiring a stake in BALANCE as part of its investment strategy.
- Infrastructure – DIF Infrastructure VII fund is designated for infrastructure investments, supporting renewable energy development.
Financials
- 49% – CVC DIF's acquired stake in BALANCE Erneuerbare Energien.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BALANCE Erneuerbare Energien | Target | Company | A subsidiary of VNG AG, operating biogas facilities in Germany. |
| VNG AG | Selling Company | Company | Leipzig-based gas company, parent company to BALANCE. |
| CVC Capital Partners | Bidding Company | Company | Private equity firm acquiring a stake in BALANCE through its infrastructure fund. |
| CVC DIF | Other Company | Company | Infrastructure strategy arm of CVC, involved in the acquisition of BALANCE. |
| Ulf Heitmller | Person | Person | CEO of VNG AG, commenting on the partnership with CVC DIF. |
| Gijs Voskuyl | Person | Person | Managing Partner of CVC DIF, highlighting the importance of the partnership. |