Moeve makes €600m investment to build biomethane facilities

Moeve has announced a €600 million investment plan for the construction of up to 30 new biomethane plants by 2030.
With its partners, the projects will be developed thoughout Spain, primarily in the regions of Andalusia, Catalonia and Galicia.
The energy company aims to produce biomethane from agricultural and livestock waste and manage a project portfolio of 4 TWh by 2030.
The use of this renewable gas, instead of fossil fuels, will allow Moeve to reduce CO2 emissions from its energy parks, chemical plants, its strategic industrial clients and partners, as well as providing a complementary vector for green hydrogen production and promoting sustainable mobility.
The total production, equivalent to enough energy for 568,000 households, will result in the reuse of 10 million tons of waste per year and will prevent the emission of 728,000 tons of CO2 per year, similar to planting 48.5 million trees, said the company.
For the development of these plants, Moeve has partnerships with companies such as Kira Ventures and PreZero and has just signed an agreement with InproEner to develop five biomethane plants in Spain, which are expected to be operational between 2028 and 2029.
Each facility will produce around 50 GWh per year, adding up to 250 GWh of biomethane annually.
This partnership includes a collaboration with EnviTec Biogas, which will contribute its experience in the construction of more than 650 biogas plants internationally.
Matteo Vaglio, Moeve’s biofuels manager, said: "Biomethane is a key commitment for Moeve to decarbonise our activity and that of our clients, as it can be immediately used in existing industries and transportation networks. This aspect facilitates its integration into the current energy market while promoting economic and social development in rural areas. Agreements with partners, such as the one reached with InProEner, are essential to accelerate our goals in this sector.”