Shell is buying Nature Energy Biogas for nearly $2bn. Denmark-based Nature Energy is a producer of Renewable Natural Gas (RNG) from agricultural, industrial, and household wastes.
Shell will acquire the largest RNG producer in Europe as it attempts to rapidly transition to a net-zero emissions energy company, and Nature Energy will join existing RNG production businesses in North America, with one operational site and four under construction. Shell is a trader of RNG and has a wide range of RNG and bioLNG customers, including large corporate, road hauliers and marine customers.
Huibert Vigeveno, Shell’s downstream director explained: “Acquiring Nature Energy will add a European production platform and growth pipeline to Shell’s existing RNG projects in the US. We will use this acquisition to build an integrated RNG value chain at global scale, at a time when energy transition policies and customer preferences are signalling strong growth in demand in the years ahead.”
RNG, also known as biomethane, is chemically identical to conventional natural gas and can be used in existing transmission and distribution infrastructure. The sustainability benefits are amplified by the processing and use of methane that could otherwise be released to the atmosphere from the decomposition of organic by‑products and waste.
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