Suez completed the acquisition of 51% stake in ARA Cursus for €35m.

Suez, a provider of circular solutions for water and waste, completed the acquisition of 51% stake in ARA Cursus, a developer and operator of biogas plants based in Poland, for €35m. Financial terms were not disclosed. "The acquisition of this controlling stake in ARA is a new step forward in the development of SUEZ in Poland, in line with our strategy to increase the share of our international business by 2027. It further reinforces the network of biogas and biomethane plants already operated by SUEZ in France, in the United Kingdom and Czech Republic. Together with our partners, we are committed to enabling our customers in Poland to drive their ecological transition by increasing waste recovery and local renewable energy production," Yves Rannou, Suez COO Recycling and Recovery, Executive Vice-President.