CH4T

Sector

Biogas/Biomethane

Country

Italy

Situation

In portfolio

Investment date

2023

Contact

info@sumacapital.com

In detail

CH4T is a platform dedicated to the transformation of biogas plants into biomethane plants in Northern Italy. Suma Capital acquired 100% of CH4T, a company based in Verona (Italy) specialised in the management of biogas and biomethane plants, with a staff of professionals with more than 20 years of experience in the energy and agriculture sector in Italy.

This first investment by the SCCIF III fund in Italy reflects Suma Capital’s commitment to initiatives that promote energy transition by investing in the production of renewable energy through the recovery of agricultural waste, generating not only positive financial returns, but also generating a positive impact on the environment and promoting local economic development.

Impact

What

The main advantage of biogas is its potential to decarbonise demand, which is often linked to thermal uses in industry and is difficult to decarbonise with other renewable sources. CH4T is positioned as a key player in the transition to renewable fuels, contributing significantly to the reduction of CO2 emissions, fostering the local economy, and strengthening the agricultural sector through the valorisation of agricultural waste.

Who

This investment contributes to the benefit of society through the reduction of CO2 emissions, reducing the negative effects on the environment, through a sustainable management of agricultural waste in the territory. It also reduces dependence on fossil fuels, which is an advantage for natural gas consumers, thus helping them in the transition to the use of energy from renewable sources. This investment also boosts the local economy, in particular the agricultural sector, which will make it possible to valorise its organic waste. In addition, the communities of the territory will benefit from job creation and economic growth.

How much

The project foresees an annual reduction of approximately 80,000 tonnes of CO2 emissions and a production of more than ~300,000 MWh/year of biomethane. By processing ~400,000 tonnes of organic waste annually, it will not only generate biomethane, but also mitigate the environmental impact associated with the application of this waste without first being directly stabilised in the field. The decarbonisation of sectors that are difficult to electrify, the promotion of rural employment, and the promotion of the circular economy are other benefits provided by CH4T.

Core SDGs

Risks

The management and procurement of the waste needed for biogas production and the conversion of plants to biomethane can compromise the viability of projects.