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46 min ago 3 min read
St1 Biokraft is set to expand into Denmark through the acquisition of Danish Bio Commodities (DBC), adding more than 350 GWh of biomethane production capacity and around 900 GWh of projects under development.
The deal gives the Nordic biomethane producer its first foothold in Denmark, one of Europe’s most established biomethane markets, and supports its long-term ambition to grow production and sales across the region.
DBC operates five production assets, including four wholly owned facilities and a 25% stake in a fifth, while its development portfolio comprises six planned greenfield biomethane projects. Alongside production, the company also provides biomass sourcing, certificate trading and technical services.
Miika Johansson, CEO of St1 Biokraft, said the acquisition marks an important step in the company’s strategy to become the leading biomethane producer in the Nordics.
“DBC brings an established local platform with an experienced team and Danish market expertise. Combined with our existing operations, this strengthens our ability to scale production, broaden our customer offering and continue our growth in Denmark,” he said.
The acquisition expands St1 Biokraft’s footprint across the Nordic region as it works towards producing 3 TWh of biomethane and selling 6 TWh annually by 2030.
The company currently operates 12 production and upgrading facilities in Sweden and Norway, with targeted output of around 750 GWh in 2026.
It is also developing two production facilities in Finland through its Suomen Lantakaasu joint venture and operates a network of more than 70 biomethane refuelling stations and bus depots.
The move comes as Denmark continues to strengthen its position as one of Europe’s leading biomethane markets.
According to the European Biogas Association, the country operates some of Europe’s largest biomethane plants, averaging 1,528 normal cubic metres per hour, while Europe as a whole of annual biomethane production capacity for the first time this year.
Denmark is also becoming a focal point for integrating biomethane production with carbon capture. Last month, Danish biomethane producer BioCirc announced the of liquefied biogenic carbon dioxide from its Vesthimmerland BECCS facility for permanent offshore storage as part of Project Greensand.
A was launched by systems manufacturer Bigadan in May, when the company announced plans to capture 27,000 tonnes of biogenic CO2 per year from its BioEnergi facility in Kalundborg, before scaling up to 200,000 tonnes by 2030.
Rune Ledgaard Sørensen, CEO of DBC, said joining St1 Biokraft would create opportunities to further develop the Danish business and build on its existing capabilities.
The transaction remains subject to regulatory approvals before completion.
