Gasum now Biggest Biogas Producer in Nordic countries

Gasum has purchased 100% of the shares of the Swedish biogas producer Swedish Biogas International. The transaction makes Gasum the biggest producer of biogas in the Nordic countries. In the transaction concluded today, five biogas plants located in Jordberga, Katrineholm, Lidköping and Örebro as well as a majority shareholding in a production plant located in Västerås, Sweden, are transferred to Gasum’s ownership. Swedish Biogas International also has a 50% shareholding in Vadsbo Biogas.

Swedish Biogas International is one of the biggest producers of biogas in Sweden, currently producing an annual total of around 300 gigawatt hours of biogas. The first production plant of Swedish Biogas International was founded in 2009, and the company currently has 35 direct employees. The company’s head office is located in Linköping.

The biogas plants of Swedish Biogas International mainly use side streams generated in agricultural and food industry processes such as manure, field biomass and cereal side streams as their feedstocks. Biogas produced by Swedish Biogas International is primarily used as a vehicle fuel.

Nordic gas ecosystem strengthened by the acquisition

Gasum’s strategic objective is to actively develop the Nordic gas ecosystem. With investments Gasum is improving access to biogas, particularly in areas outside the gas pipeline network, increasing waste treatment capacity and enabling the development of regional gas solutions and even more comprehensive service provision for its customers.

“This acquisition is part of Gasum’s strategy deployment and growth in the biogas business. Our vision is ’Leading the Nordic gas ecosystem’. The utilization of biogas as a road fuel has progressed very far in Sweden, and we can now introduce these lessons learned in Finland. In return we can make a positive contribution in Sweden thanks to our competence and expertise in the industrial use of natural energy gases,” says Gasum CEO Johanna Lamminen.

“We look forward with confidence to expanding and future-oriented operations that on one hand are a precondition for the achievement of climate targets and on the other help advance the significant potential found within Swedish Biogas International,” says Lars Sjösvärd, acting CEO of Swedish Biogas International AB.

“This sale to Gasum helps secure the continuity of our operations over the long term for our employees and creates great opportunities for continued exciting development for Swedish Biogas International,” says Hans Pihl, Chair of the Swedish Biogas International Board of Directors, and Carl-Fredrik Grönhagen, who represents the main shareholders of Swedish Biogas International AB.

Gasum is Finland’s leading processer of biodegradable waste and supplier of biogas. This acquisition is the first one of its kind for Gasum’s biogas business outside Finland. The Gasum subsidiary Skangas is the leading Nordic expert in liquefied natural gas (LNGLF) (LNG) and has LNG production plants in Risavika, Norway, and Porvoo, Finland, and LNG terminals in Øra, Norway, Lysekil, Sweden, and Pori, Finland.