Gasum acquires full ownership of biogas plant in Sweden

Nordic energy company Gasum has signed and closed a share purchase agreement for 100% of the shares in NSR Biogas AB and the remaining 1/3 of the shares in Liquidgas Biofuels Genesis AB, said Gasum in a press release on Friday.

Gasum has already been the majority owner of Liquidgas Biofuels Genesis AB since 2023 and is now acquiring full ownership.

NSR Biogas AB owns and operates a biogas production plant in Southern Sweden’s city of Helsingborg.

Liquidgas Biofuels Genesis AB upgrades the produced biogas at the site and Gasum sells it on to the market.

The plant uses about 160 000 tons of household and industrial waste as well as manure and the maximum production capacity is 80 gigawatt hours (GWh) of upgraded biogas per year.

“Since Gasum is already majority owner of the biogas upgrading operation, it makes sense for us to take ownership of the full production chain at the Helsingborg plant. Acquiring the operation strengthens our foothold in the Skåne region where competition for biogas feedstock is tough. There is also an opportunity to optimize operations at the plant to fully utilize its production capacity”, said Mika Wiljanen, Chief Executive Officer of Gasum.