Expanding European Biomethane Capacity

€1B+ expected to be deployed by Goldman Sachs established business, Verdalia, over the next 4 years1

Our infrastructure investing group in AWM has established Verdalia Bioenergy, a new business focused on developing or, acquiring, building, owning and operating biomethane plants across Europe. The investment aims to contribute to Europe’s decarbonization and energy security agenda, adding significant biomethane production capacity.

Biomethane is a negative- or low-carbon natural gas produced through the anaerobic digestion of organic waste — providing the benefits of fossil natural gas while significantly reducing or eliminating its carbon emissions and preventing methane emissions that could otherwise be released into the atmosphere, while leveraging the large gas infrastructure already in place.

 

1 Goldman Sachs Asset Management: “Goldman Sachs Asset Management to Launch Verdalia Bioenergy with the Aim to Invest in Excess of €1 Billion in the European Biomethane Sector,” February 2023. https://www.gsam.com/content/gsam/global/en/about-gsam/news-and-media/2023/goldman-sachs-asset-management-to-launch-Verdalia-Bioenergy-with-the-aim-to-invest-in-excess-of-1-billion-in-the-European-biomethane-sector.html