Copenhagen Infrastructure Partners (CIP) has taken final investment decision Finland industrial biogas plant, Nivalan Biokaasu. With an estimated annual biomethane production of more than 200 GWh, Nivalan Biokaasu will be the largest biogas project in Finland, displacing up to 38,000 tons of fossil CO2 per year.
Development of the plant began in 2023 in close collaboration with a local developer, Wega, and local authorities. Construction will start later this year 2025, with operations expected to commence in the second half of 2027. When fully operational, Nivalan Biokaasu will process more than 600,000 tons of feedstock annually, converting agricultural and industrial organic waste into biomethane.
“We are excited to enter the Finnish bioenergy market with our first investment in Nivalan Biokaasu. It represents a major milestone for our fund and investors and will make a significant contribution to energy security and the green energy transition, create local jobs and drive investments across the agricultural sector and surrounding rural communities,” said Thomas Dalsgaard, partner at CIP. “We look forward to starting construction and progressing the project in close collaboration with local farmers and authorities.”
Founded in 2012, CIP is the world’s largest dedicated fund manager within greenfield energy investments. The funds managed by CIP focus on investments in offshore and onshore wind, storage, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, advanced bioenergy, and Power-to-X.
