Moeve makes €600m investment to build biomethane facilities

Jan 31, 2025

Moeve has announced a €600 million investment plan for the construction of up to 30 new biomethane plants by 2030.With its partners, the projects will be developed thoughout Spain, primarily in the regions of Andalusia, Catalonia and Galicia.

The energy company aims to produce biomethane from agricultural and livestock waste and manage a project portfolio of 4 TWh by 2030.

The use of this renewable gas, instead of fossil fuels, will allow Moeve to reduce CO2 emissions from its energy parks, chemical plants, its strategic industrial clients and partners, as well as providing a complementary vector for green hydrogen production and promoting sustainable mobility.

The total production, equivalent to enough energy for 568,000 households, will result in the reuse of 10 million tons of waste per year and will prevent the emission of 728,000 tons of CO2 per year, similar to planting 48.5 million trees, said the company.

For the development of these plants, Moeve has partnerships with companies such as Kira Ventures and PreZero and has just signed an agreement with InproEner to develop five biomethane plants in Spain, which are expected to be operational between 2028 and 2029.

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