Announced
Financials
Tags
Acquisition
Private
Austria
biorefinery
biogas
biomethane production
Alternative Fuels
Minority
Private Equity
Cross Border
Pending
Friendly
Single Bidder
Synopsis
Oaktree-backed Hartree Partners, a merchant commodities firm, agreed to acquire a 50% stake in Botres Holding, a supplier of ultra-modern industrial biogas plants and biorefineries. Financial terms were not disclosed. “We are excited to partner with Botres, whose innovative technology and proven track record in the biogas space make them an excellent partner for our team as we enter the European biomethane production market. This collaboration directly aligns with Hartree's transition to investing in renewable energy solutions and we look forward to playing a role in providing Europe with clean and reliable biomethane,” Stephen Hendel, Hartree Partners Founding Managing Partner.
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