Finnish state-owned energy company Gasum Oy has announced its acquisition of Danish firm Haerup Biogas ApS, marking its entry into the Danish biogas market. The biogas plant, located in Denmark, currently generates 40 GWh of biogas annually, primarily from manure.
The facility supplies energy for power and heating, with part of its output directed to Klejtrup Varmevaerk, a local district heating company. Gasum plans to enhance the plant's efficiency by investing in a gas upgrading unit and connecting it to the gas grid, enabling full utilization of its production capacity.
Gasum's CEO Mika Wiljanen highlighted that the acquisition aligns with the company's strategy to expand its renewable gas production and distribution across Europe. The Danish biogas market offers strategic advantages, including abundant manure feedstock, high fertilizer demand driven by agriculture, and short transport distances.
This acquisition supports Gasum's ambition to deliver 7 TWh of renewable gas annually to the Nordic market by 2027. As part of this initiative, Gasum is constructing five large-scale biogas plants in Sweden, with the first set to commence operations in early 2025.
The move underscores Gasum's commitment to strengthening its renewable energy offerings and leveraging synergies in the Nordic and European biogas markets.