AGR Biogas to install €25m biogas plant in Andalusia
The project consists of an approximate investment of €25 million, with almost €20 million provided by Project Finance, granted by ING Bank. It is the first biomethane project financed under this modality in Spain, marking a milestone in the Spanish energy panorama and complying with the strategic plan announced by AGR in July 2023
The plant, located in the municipality of La Calahorra, Granada, will have a total treatment capacity of approximately 100,000 tons per year, which will be mainly of livestock and olive origin generated in its surroundings.
This capacity will allow the production of 58 GWh per year of energy in biomethane, thus contributing to the reduction of 23,000 tons of CO2 per year, equivalent to the emissions of 6,500 cars circulating annually in Spain.
In addition, the plant will generate digestate that acts as a fertiliser and will benefit local agriculture, thus promoting more sustainable agricultural practices and closing the nutrient cycle efficiently.
This project will not only provide environmental and economic benefits, but will also help settle the population in rural environments by diversifying the economy and creating direct and indirect employment, said the company.
The plant will collaborate with 44 farming families and several agro-food companies in the area. To this will be added the more than 50 people who will be directly employed in its construction.
"With the beginning of the construction of the calahorra, we tangibly begin our strategic plan, which includes a portfolio of more than 30 projects in Spain and Portugal with the main focus on Andalusia," said David Pinero, general director of AGR Biogas.
"In the coming months we hope to begin the construction of at least two more plants in Andalusia."