Announced

Completed

Galia Green Power completed the acquisition of a Iłówec Wielki biogas plant from WPIP Green Energy and METROPOLIS.

Synopsis

Galia Green Power, a renewable energy entity investing in biogas and biomethane projects, completed the acquisition of a Iłówec Wielki biogas plant from WPIP Green Energy, a renewable energy company, and METROPOLIS, a company specializing in obtaining external financing for companies. Financial terms were not disclosed. "Biogas plants are one of the technologies that contribute the most to the reduction of greenhouse gases and allow you to reduce the cost of energy production. They play an important role in reducing dependence on fossil fuels. They are an important part of Europe's energy transition and ensure continuity of supply in these volatile times. We are convinced that the modern facility in Iłówiec Wielki, meeting the highest standards, will serve the new owners for many years to come, especially since it has the conditions for expansion and increased efficiency," Dariusz Stasik, WPIP Green Energy CEO.

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