MVV Energie acquires biomethane plant stakes from bmp greengas

MVV Energie will then be the sole shareholder in the two plants in Saxony-Anhalt.

The first joint biomethane plant, located in Klein Wanzleben, began operations in September 2012. This was followed by the launch of operations at a comparable plant in Kroppenstedt in spring 2014. Both plants feed the biomethane thereby generated into the public natural gas grid.

bmp greengas is pressing ahead with its strategy of structural streamlining. Following this sale, it will no longer own any production companies. "We will be focusing one hundred percent on our core business of biomethane trading and system services", comments Volker Seebach, Managing Director of bmp greengas. The gas produced by the two plants will continue to be marketed via the bmp greengas portfolio and the excellent trading relationship with MVV Energie is to be upheld on a long-term basis.

MVV Energie already held a majority 74.9 percent stake in the two biomethane plants. "Expanding renewable energies is a core component of our growth strategy", stresses MVV’s Technical Director and Executive Board member Dr. Hansjörg Roll. "Together with our neighbouring plants in Stassfurt and Barby, we have an efficient biomethane cluster in the Magdeburger Börde region, one that is making a valuable contribution to the energy turnaround in close cooperation with agricultural players in the region."

bmp greengas GmbH
As a trader and service provider with nationwide activities in the German biomethane market, bmp greengas handles annual biomethane volumes of more than 1.7 TWh, equivalent to around 20 percent of the German market. bmp greengas is the partner when it comes to the reliable transport, trouble-free balancing, and fail-proof delivery of biomethane. The company develops tailor-made solutions for each of its customers. bmp greengas is a founder member of the Biogas Register of the German Energy Agency (dena) and manages the relevant documentation of biomethane grid feed-in quantities and qualities on behalf of its customers. Find out more at www.bmp-greengas.de.