Verdalia Expands Biogas Presence with Strategic Acquisition from Green Arrow Capital and L&L

Verdalia Bioenergy, a European biogas company supported by Goldman Sachs Alternatives' infrastructure funds, has acquired a second portfolio of five greenfield biogas plants from Green Arrow Capital and Lazzari & Lucchini (L&L). These plants, situated in the advanced stages of development in Northern Italy's Verona and Mantua provinces, bolster Verdalia's strategic expansion into the biogas sector. The acquisition highlights Green Arrow Capital and L&L's expertise as significant players in Italy's biogas and energy transition sectors. These five plants use 250,000 tonnes of raw materials annually, including agricultural by-products and animal waste, to produce biogas through anaerobic digestion, with four plants already benefiting from DM 2022 incentive systems. The deal follows the sale of a previous portfolio of seven biogas plants last May, strengthening Green Arrow and L&L's positions as key figures in Italy's advanced agricultural biogas market. The operation aims to have the plants operational by the end of 2025, with a projected reduction of 50,000 tonnes of CO2 emissions annually. Comments from company leaders underscore the collaboration and strategic alignment in pursuing Italy's energy transition.