Ardian-backed Nevel to acquire the biogas business of Envor Group.

Ardian-backed Nevel, a utility infrastructure company offering advanced industrial and real estate infrastructure solutions, agreed to acquire the biogas business of Envor Group, a company providing biowaste processing and biogas solutions. Financial terms were not disclosed. “The processing and utilisation of biodegradable side streams, both in energy production and as by-products, and the promotion of regional circular economies are strategically important for Nevel. This helps our industrial customers and municipalities to utilise side streams, reduce emissions and accelerate the sustainable transition together with us. We will invest in developing our operations to bring an increasing number of sustainable opportunities for both our customers and the environment,” Thomas Luther, Nevel CEO.