The biomethane platform CH4T, in which Suma Capital holds a stake through its SC Infra strategy, has closed non-recourse financing worth €100 million to convert seven biogas plants into 100% renewable biomethane production facilities. 

The transaction was structured and led by BBVA CIB, highlighting the bank’s active role in promoting sustainable initiatives. This move reaffirms its commitment to financing solutions that facilitate the transition toward a low-carbon economy. 

The seven plants, located in Lombardy, Emilia-Romagna, and Friuli Venezia Giulia, were acquired by CH4T in 2024 following a thorough technical and territorial due diligence process. Their conversion will enable the direct injection of biomethane into the Italian gas grid under the FiP (Feed-in Premium) system regulated by Ministerial Decree DM 22/2022, which guarantees income stability over the next 15 years. 

“This transaction marks a milestone in our growth and strengthens our position as one of the leading platforms in the biomethane sector in Italy, with a strong commitment to industrial decarbonization”, said Stefano Begnini, CEO of CH4T. 

Once the modernization process is complete, the platform will reach an annual production capacity of over 295 GWh of biomethane, which will avoid the emission of more than 85,400 tons of CO₂ per year and will allow for the valorization of 401,865 tons of agricultural and livestock by-products. 

“CH4T is a clear example of our commitment to investing in infrastructure that generates a positive environmental impact and contributes to regional development. We are especially proud to have a team like CH4T’s, with extensive experience in the biogas sector, as well as the backing of a leading financial institution such as BBVA”, said Ruperto Unzué, Partner at Suma Capital. 

The financing was structured with the support of MFZ as financial advisor and DWF as borrower’s legal advisor. BBVA was advised by Legance (legal) and BIT (technical). Albion will act as Facility Agent and BNL as Depositary Bank. 

Karla Ceño, Executive Director of Project Finance and CleanTech at BBVA CIB, added: “We are proud to collaborate with Suma Capital and with a platform like CH4T, which combines operational expertise and strategic vision to accelerate the development of sustainable energy solutions. This transaction reflects our commitment to supporting our clients in initiatives with tangible impact, fostering a fair and effective energy transition. We are committed to financing technologies that not only reduce emissions and strengthen energy resilience in Europe but also promote more efficient resource use and the development of circular economy models”. 

CH4T, based in Verona, specializes in transforming biogas assets into next-generation biomethane facilities. It is part of the SC Infra III fund portfolio of Suma Capital, an independent management firm headquartered in Barcelona with offices in Madrid, Paris and Milan, recognized as one of the leading European players in sustainable investment. 

Through SC Infra, Suma Capital invests in sustainable infrastructure essential for the energy transition and the circular economy, contributing to a model of capital with a purpose.