Energethica Favria Embarks on Biogas Project with Acp Sgr and MondoPower
Deal News | Feb 26, 2025 | Finance Community IT - 3 Private Equity
Alternative Capital Partners Sgr (Acp Sgr), on behalf of the Sustainable Securities Fund (Ssf), has completed its ninth infrastructure investment aimed at supporting Italy's energy transition. The fund has invested in Energethica Favria for the construction of a biogas plant designed to produce biomethane from agricultural waste, with a production capacity of 250 smc/h. The project, located in Favria, is expected to process 80,000 tons of organic material per year, significantly reducing CO2 emissions by 8,700 tons annually. MondoPower, an Italian firm with expertise in renewable energy, will act as the general contractor through its subsidiary Ferplant. The project's total cost is €10.3 million, with Ssf contributing €3.6 million in subordinated debt and minority equity, and the remaining €5.8 million financed through a green loan by BCC Banca ICCREA and Banca D'Alba. The biogas plant, supported by financial contributions from GSE's 2022 biomethane bid and a comprehensive tariff for a 15-year term, aligns with Ssf's sustainability objectives and diversification strategy.
Sectors
- Renewable Energy
- Private Equity
Geography
- Italy – The entire project and investment activities, including the construction of the biogas plant, are being carried out within Italy.
Industry
- Renewable Energy – The investment involves the construction of a biogas plant for producing biomethane, which is a renewable energy source obtained from agricultural waste.
- Private Equity – Acp Sgr, a private equity firm, has made an investment through its fund, Sustainable Securities Fund, focusing on infrastructure and energy transition.
Financials
- 10.3 million euros – The total investment cost for the construction of the biogas plant.
- 3.6 million euros – The amount financed by Ssf in subordinated debt and minority equity.
- 5.8 million euros – The total amount financed by BCC Banca ICCREA and Banca D'Alba through a green loan.
- 70 million euros – The total amount invested by the Sustainable Securities Fund in infrastructure projects to date.
- 110 million euros – The total commitment received by Ssf from institutional investors.
- 8,700 tons – The expected annual reduction in CO2 emissions as a result of the biogas project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alternative Capital Partners Sgr (Acp Sgr) | Investor | Company | A private equity firm that invests in sustainable infrastructure to support energy transitions in Italy. |
| Energethica Favria | Target Company | Company | The company involved in constructing a biogas plant for biomethane production. |
| MondoPower | Sponsor | Company | An Italian company specializing in renewable energy project development, construction, and management. |
| Ferplant | General Contractor | Company | Part of the MondoPower group, responsible for the technical and operational aspects of the biogas plant construction. |
| BCC Banca ICCREA | Financier | Company | Provided a green loan in project finance for the biogas project. |
| Banca D'Alba | Financier | Company | Collaborated in providing project finance through a green loan for the biogas plant. |
| CFI Italy | Financial Advisor | Company | Assisted MondoPower with financial aspects of the project. |