Press release of 25 March 2021
SFP Group BV and SWEN Capital Partners invest 20M€ in a biomethane plant in the Netherlands
SFP Group BV and SWEN Capital Partners, through its impact fund dedicated to renewable gas, announce a joint acquisition of the biomethane plant in Westdorpe in the Netherlands and the establishment of a long-term partnership to jointly pursue investments in large scale biomethane projects across the Netherlands.
Paris - Westdorpe, March 25th, 2021. SFP Group BV, emerging independent large scale biomethane developer in the Netherlands, and SWIFT, the SWEN Impact Fund for Transition managed by SWEN Capital Partners, have announced a joint acquisition of the 2,200 nm3/h Aben Green Energy BV biomethane production plant in Westdorpe in the Netherlands. Necessary investments will be made to double its production capacity by 2023. This first project is made under the framework of a long-term partnership between SFP Group BV and SWIFT to jointly develop and investment in large scale biomethane projects across the Netherlands.
"We are very happy that we have found a partner like SWEN CP, who shares our vision. We believe that together we can really make a difference, and this first transaction that we have made together is a big step towards our common goal, fuelling the future!” says Niels Peters, managing director of SFP Group BV. "SWIFT is the right partner for us to expand our business" adds Erik Brouwer, also managing director of SFP Group BV.
Olivier Aubert, SWEN’s fund manager, continues: "We are proud about our partnership with Niels and Erik and excited to have this biogas plant for our first transaction in the Netherlands. The plant was commissioned 2 years ago and since then it shows excellent production results. The plant in Westdorpe produces 2,200 nm3/h of biogas and recycles more than 150,000 tonnes of waste. Our common ambition is to double its production capacity and address growing BioLNG needs of the European market. We look forward to further expanding our partnership with SFP Group”.
SFP Group BV
SFP Group BV is founded in 2020 by Niels Peters and Erik Brouwer. Together they share over 15 years of experience in the biogas sector. Their common goal: to accelerate the energy transition, especially in the transport sector and industry, by further upscaling the production of biomethane and bio-LNG. SFP Group currently owns and operates 1 site in The Netherlands, and is developing more projects in The Netherlands.