Verdalia Bioenergy to acquire 7 biomethane plants in Italy from Green Arrow Capital and Lazzari & Lucchini.

Verdalia Bioenergy, a European biomethane company, agreed to acquire 7 biomethane plants in Italy from Green Arrow Capital, an Italian alternative investment manager, and Lazzari & Lucchini, an energy developer. Financial terms were not disclosed. “We are very pleased with the progress made in the past twelve months: we have initiated the development of an extensive portfolio of projects in Spain, built a very strong team and entered a new market, Italy. We believe Italy is at the forefront of the European decarbonisation agenda through biomethane with a supportive regulatory framework and are proud to demonstrate our commitment to the country’s energy transition plan through this important investment," Fernando Bergasa, Verdalia Bioenergy Co-Founder, Chairman and CEO.