Kanadevia Inova, a global leader in solutions for the energy transition and circular economy, has announced the acquisition of London-based Iona Capital Limited (ICL), along with a portfolio of 11 renewable gas plants in the UK and a substantial pipeline of projects globally.
The acquisition accelerates the evolution of the Kanadevia Inova business beyond a business sevelopment, EPC and plant lifecycle service provider, and into full plant ownership, management, and oversight of renewable gas assets through its asset management business unit.
The acquisition brings 11 operating biogas plants into the Kanadevia Inova Renewable Gas infrastructure.
An additional, substantial pipeline of projects throughout Europe, including the Netherlands and Italy, and also the United States, demonstrates the reach of the new business and its potential for further development in new markets.
Kanadevia Inova CEO Bruno-Frederic Baudouin commented: “I’m very pleased to expand the company in a way that strengthens our commitment to a future free of wasted waste and adds further resilience to our business. Bringing on board the team and project pipeline of ICL will help us accelerate the adoption of decarbonising technologies in the UK, across Europe and globally.”
Kanadevia Inova acquires Iona Capital and its RNG plant portfolio
