Shell buys RNG producer Nature Energy for $2bn


Shell Petroleum, a wholly owned subsidiary of Shell, has reached an agreement with Davidson Kempner Capital Management, Pioneer Point Partners and Sampension to buy Nature Energy Biogas A/S (Nature Energy) for nearly $2bn (€1.9bn).

Based in Denmark, Nature Energy is a producer of Renewable Natural Gas (RNG) from agricultural, industrial, and household wastes.

Founded in 1979 as a natural gas distributor, the company established its first biogas plant in Denmark in 2015 and now has 14 operating plants with associated infrastructure, feedstock arrangements, and current 2022 production of around 6.5 MMBtu/yr (3,000 boe/d).

By purchasing the shares in Nature Energy, Shell claims it is acquiring ‘the largest RNG producer in Europe’, its portfolio of cash generative operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design, construction, and operation of innovative and differentiated RNG plant technology.

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