Finnish state-owned energy company Gasum Oy has announced a EUR 62 million (USD 67.4 million) investment in the construction of its second biogas plant in Sweden. The new facility, situated in the municipality of Borlänge, will utilize locally sourced organic household waste and manure to generate 133 gigawatt-hours (GWh) of liquefied biogas (LBG) annually, beginning in 2026.
The decision to invest in the Borlänge plant is part of Gasum's broader strategy to establish a portfolio of five large-scale biogas facilities in Sweden. This initiative aligns with the company's overarching goal of achieving an annual output of 7 terawatt-hours (TWh) of renewable gas by 2027.
Anticipated to process 270,000 tonnes of feedstock per year, the Borlänge site will not only produce LBG but also contribute 250,000 tonnes of environmentally friendly fertilizers annually. Construction is set to commence in the spring, with project financing benefiting from a EUR 15 million subsidy from the Swedish Environmental Protection Agency's Klimatklivet investment programme.
Gasum initiated the construction of its first Swedish biogas plant in Götene in February 2023, with production expected to commence by the end of 2024.