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36 min ago 2 min read
Investment manager Sosteneo has bought four biomethane projects in Italy, marking its entrance in the sector.
The transaction is being executed on behalf of clients in Sosteneo’s first ‘flagship fund’ and a co-investment vehicle. All four projects are fully authorised and under construction, with commercial operations expected by mid-2026.
Each of the projects has secured access to Italy’s renewable gas incentive framework through participation in Gestore dei Servizi Energetici auctions, supporting long-term revenue visibility.
Feedstock supply is underpinned by long-term agreements with local agricultural counterparties, aimed at enhancing downside risk mitigation and supporting operational resilience.
Biomethane is an increasingly important component of Italy’s decarbonisation and energy security strategy, supported by national and European policy frameworks aimed at scaling domestic renewable gas production and reducing reliance on imports.
Federica Gallina, Partner, Head of Investment and Asset Management at Sosteneo, said the investment marks its entry into the Italian biomethane sector at a point where the market is transitioning from policy-driven build-out to scaled, investable deployment.
“The opportunity set is underpinned by a combination of regulatory clarity, long-term incentive visibility and structural demand for renewable gas, particularly in sectors where electrification remains constrained,” she said.
Umberto Tamburrino, Managing Partner and CEO at Sosteneo, said the completion of fund I marks an important milestone for Sosteneo and for its clients, with the portfolio performing in line with expectations and most of the assets now operational.
“We are focused on continuing the strategy through fund II, supported by a strong pipeline of opportunities,” he said.
Last month Italian biomethane plant developer from various European banks to convert 15 existing biogas plants to 100% renewable biomethane.
Elsewhere asset investment manager Patrizia – through portfolio company Renergia – has secured to accelerate the roll-out of biomethane and bioLNG in Italy.
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