St1 Biokraft buys Södra Hallands Kraft Biogas

St1 Biokraft, a leading biomethane player in the Nordic region, has signed an agreement to acquire Sweden’s Södra Hallands Kraft Biogas for an undisclosed fee, increasing its production capacity by 25 gigawatt hours (GWh).

The deal comprises a production facility in Hov outside Laholm where St1 Biokraft already owns and operates an upgrading plant in the same property.

St1 Biokraft currently owns and operates 12 production and upgrading facilities in Sweden, Norway and South Korea, producing approximately 550 GWh of biogas.

In addition, it has two plants under construction in Finland and is in the process of completing another in Mönsterås, Sweden.