Goldman Sachs Alternatives Backs Andion CH4 Renewables With €67 Million Credit Facility

European biogas developer Andion CH4 Renewables has secured a €67 million private credit facility from Goldman Sachs Alternatives, alongside a fresh equity contribution from existing shareholders in a transaction led by Equitix.

The financing package will support Andion’s near-term project pipeline in Italy and the Nordic region. The Luxembourg-headquartered company is targeting ownership and operation of more than 1 terawatt-hour of biogas and biomethane production capacity by 2030.

 

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Scaling Biogas and Biomethane Production

 

Andion specializes in converting organic waste streams, including poultry litter, fish waste and livestock manure, into renewable energy through anaerobic digestion. The company reports that it has delivered more than 50 biogas projects to date.

Chief Executive Officer and Chairman Jonas Martin-Lof described the transaction as a significant milestone, reflecting investor confidence in both the company’s technology platform and its capacity to develop, own and operate biogas assets across multiple European markets.

 

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Recent Acquisition in Italy

 

The announcement follows Andion’s acquisition earlier this year of a majority stake in the Enerland biogas plant in the province of Bologna in northern Italy. The facility uses anaerobic digestion to convert agricultural residues into renewable biomethane, strengthening the company’s footprint in one of Europe’s key renewable gas markets.

The combination of non-bank debt and equity backing positions Andion within a growing cohort of European biomethane developers attracting institutional capital. As regulatory frameworks across the European Union increasingly prioritize renewable gas over fossil fuel alternatives, the sector is drawing heightened interest from private credit providers and infrastructure investors seeking exposure to decarbonization-linked assets.