Italy firm gets €113m to develop 15 biomethane plants

Italian biomethane plant developer Bionext Infrastructure has received a €113m credit line from various European banks to convert 15 existing biogas plants to 100% renewable biomethane.

The financing was made available by BNP Paribas, Credit Agricole CIB and SMBC.

“Our investment in Bionext confirms our long-term commitment to the renewable energy sector and the rapid expansion of biomethane,” said Soti Calochristos, Senior Investment Director at Aberdeen Economic Infrastructure.

This is the latest in a series of transactions involving financial institutions committed to supporting biomethane development projects in Italy.

In March, joint venture Bio Hold obtained a €100m loan from Unicredit and Credit Agricole Italia for the construction of six new biomethane plants in Italy. 

In a separate deal, US investment bank Goldman Sachs invested €67m to develop a portfolio of short-term biomethane projects in Italy and Northern European countries owned by Andion CH4 Renewables.

A series of major investments were also made in 2025 to advance the Italian biomethane sector. In July, the country’s Ministry of the Environment and Energy Security . 

In the same month, global energy transition tech developer Solarig announced it plans to invest into developing at least 20 biomethane plants in the country by 2030.

In October, asset investment manager Patrizia – through portfolio company Renergia – from UniCredit to accelerate the roll-out of biomethane and bioLNG in Italy.

The country’s aggressive approach is driven by its intent to reduce reliance on imported Russian gas in turn with its ambitious decarbonisation goals.

The government has introduced capital grants of up to 40% of capital costs and 15-year tariff guarantees via the Gestore Servizi Energetici – a government-owned sustainable development company.