Elevion Group has signed a purchase agreement to acquire a 100% stake in the Italian company BTS Biogas, thereby strengthening its position in the biogas and biomethane plant sector

Today, an agreement was signed between Elevion Group B.V. and american BTS Bioenergy Europe LLC regarding the acquisition of a 100% stake in the Italian company BTS Holdings Italy SRL.

BTS Biogas, in which BTS Holdings holds a 100% stake, provides EPC (engineering, procurement, and construction) and O&M (operation and maintenance) services for biogas and biomethane plants. The closing of the transaction is subject to approval by the Italian antitrust authority and the energy regulator.

The transaction also includes 51% stakes in companies operating a portfolio of nine biomethane plants in northern Italy, three of which are already in operation and six of which are currently undergoing conversion from biogas to biomethane. Once they are fully operational, the portfolio is expected to reach a total production capacity of approximately 30 million standard cubic meters of biomethane per year.

BTS Holdings Italy SRL has a 25-year track record in the construction, maintenance, and operation of biogas and biomethane plants. In addition to its main market in Italy, it also operates in France, the United Kingdom, and other European markets. The company employs a team of 100 experts with extensive experience in the field.

The acquisition is in line with the Elevion Group’s strategy, which aims to cover the entire chain of activities related to modern energy solutions. The acquisition will enable the Group to enhance its expertise across the entire biogas industry chain and significantly expand its current portfolio of operated gas sources in northern Italy.