| Project Detail |
The project will finance the construction and/or optimisation including RDI costs of up to five plants for thermo-chemical conversion of biomass to produce renewable biogas in countries eligible under InvestEU. Objectives The project aims to decarbonise energy-intensive industries, such as furniture, non-ferrous metals and paper by replacing fossil gas with renewable biogas. Furthermore, by producing biochar as by-product, the project will improve soil health, reduce atmospheric carbon, and thus achieve negative emissions. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 40 million Total cost (Approximate amount) EUR 92 million |
