Gruner Renewable Energy raises $60m for CBG plants
Gruner Renewable Energy announced it has secured a funding of USD 60 million (€55.3 million), which the company will use to expand presence in the green energy space.
Gruner Renewable Energy has plans to establish new compressed biogas (CBG) plants across the country, the company said.
"The investment in Gruner from like-minded partners will be essential for driving the transformation (towards a circular economy and sustainable development)," Gruner Renewable Energy founder & CEO Utkarsh Gupta commented.
The company will now integrate upstream wood chip and wood pellet production with downstream heat and power generation through its subsidiary Kaipolan Energia
Ireland has been selected as one of eight European countries to participate in BIOMAPE, a major new European Commission initiative aimed at accelerating the sustainable deployment of biomethane across the EU
Finnish technology group Wärtsilä Corporation has reached an agreement to sell its Gas Solutions business unit to German private equity firm Mutares SE & Co. KGaA, the company announced today
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