CycleØ acquires Spanish waste site in €200m biomethane push
Pan-European biomethane project developer CycleØ has acquired Spanish waste management facility Grupo Azon Ramon y Cajal in a €200m move that the company says will enable it to convert 121,000 tonnes of waste each year into biomethane.
According to CycleØ, this is enough to supply the gas needs of approximately 4,000 Spanish homes.
The facility in Toledo, central Spain, processes liquid and solid waste from Madrid and nearby areas, turning it into biogas. Through its planned investment, CycleØ aims to produce 3.7 million nominal cubic metres (26 GWh) of biogas by 2027.
The biogas will be upgraded to biomethane and injected into the Spanish grid through a virtual pipeline – road, rail, or shipping infrastructure used to transport gas without a fixed pipeline.
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