Leading energy firm Naturgy and renewables specialist ID Energy Group plan to develop 20 biomethane plants in Spain as part of a major €500m deal.
The plants, providing an estimated production capacity of 1,600 GWh per year, aim to be operational between 2026 and 2028 and will be spread across different parts of the country.
The production of biomethane will help not only reduce emissions but create energy independence through the generation of bio-fertilisers and optimisation of available resources.
Jose Luis Gil, General Manager of Renewable Gases at Naturgy, said both firms share the same “end-to-end vision” and ID Energy will bring its experience working with biomethane in other European countries.
Julio Espadas, Managing Director of ID Energy, said having an industrial partner of the stature of Naturgy represents a great opportunity for its expansion.
Under Naturgy’s 2025-2027 strategic plan, more than €1bn is earmarked for biomethane development.
Investment continues to pour into Spain’s biomethane sector.
In January, Moeve unveiled a €600m investment for developing 30 biomethane plants throughout Spain.
CycleØ, the European biogas developer, plans to invest €200m to build up to 30 biogas plants with a combined renewable natural gas production capacity of 800GWh.
