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on EnviTec Biogas AG (isin : DE000A0MVLS8)

EnviTec Biogas AG Expands Leadership as Germany’s Top Biogas Producer

EnviTec Biogas AG, recognized as Germany's leading biogas producer, is embarking on the largest investment program in its history, allocating EUR 100 million towards expansion. Olaf von Lehmden, CEO, highlights the focus on growing the Own Investment division to significantly increase energy production. The program emphasizes in-house operation of biogas plants, partnering primarily with the agricultural sector.

With 81 plants in Germany and seven in other European nations, EnviTec's annual biogas generation capacity is set to reach approximately 1,800 GWh by 2025, up from the current 1,500 GWh. The company, already a major biogas supplier, aims to increase its share of upgraded biogas production. Beyond energy, EnviTec is also contributing to the decarbonization of the transport sector through bio-LNG and green LCO2, essential for clean hydrogen derivatives.

The CFO, Jörg Fischer, voices concerns about the lack of a solid policy framework and sharp declines in GHG quota pricing, which threaten industry investment. Despite regulatory challenges, the company projects its 2023 revenue to be between EUR 400 and 450 million, with a positive outlook for 2024 due to continuous investment in growth areas.

R. P.

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