• EIF backs CIP’s Advanced Bioenergy Fund II (ABF II) with EUR 200 million to scale biomethane and advanced bioenergy production in Europe
• ABF II is officially launched with EIF cornerstone investment
• Backed by InvestEU, financing supports Europe’s energy security and climate goals

The European Investment Fund (EIF), part of the EIB Group, has committed EUR 200 million to Copenhagen Infrastructure Partners’ (CIP) Advanced Bioenergy Fund II (ABF II), focused on scaling biomethane and advanced bioenergy production across Europe to help advance the energy transition as well as energy security.

Copenhagen Infrastructure Partners is one of the world’s largest fund managers dedicated to clean energy infrastructure. ABF II will invest primarily in the development, construction and operation of new industrial-scale biogas plants using anaerobic digestion technology. The projects will convert feedstock such as manure and other agricultural waste into biomethane that can help decarbonise sectors including industry and maritime transport. The strategy focuses mainly on greenfield projects in countries including Denmark, Ireland, Spain, Belgium, and Finland.

“This investment reflects Europe’s growing focus on renewable gases and sustainable energy infrastructure,” says EIF Deputy Chief Executive Merete Clausen. “By supporting the development of new biogas projects across Europe, we are helping increase domestic renewable energy production, strengthen energy security and accelerate the green transition.”

Building on the success of the first Advanced Bioenergy Fund (ABF I), the launch of ABF II marks the next phase in scaling biogas and biomethane infrastructure across Europe, reflecting growing investor support for advanced bioenergy as a key enabler of Europe’s energy transition, energy security and decarbonisation goals.

With a target size of EUR 1.5 billion, ABF II is expected to make a significant contribution to Europe’s renewable energy production and support the transition away from imported fossil fuels. The fund has successfully brought together a broad mix of public and private capital, reflecting strong demand from institutional investors, and contributing to the EU policy objective of building up a more robust and integrated capital market in the EU.

The fund will benefit from a differentiated pipeline of new bioenergy projects that are ready to be developed, giving clear visibility on how and when capital will be invested and projects delivered. Biomethane is fully compatible with existing gas infrastructure and is expected to play an important role in improving Europe’s energy security and strategic autonomy. ABF II will invest in core European markets supported by strong regulatory frameworks at both EU and national level that support stable, long-term growth.

Thomas Dalsgaard, Partner in CIP and head of the advanced bioenergy team, says: “We are very pleased to close the investment of EUR 200 million with EIF. It is an important step for the Advanced Bioenergy Fund II on its path towards the EUR 1.5 billion target, and we very much look forward to the partnership with EIF. We see strong market demand for the production of domestic biomethane across Europe and with the Advanced Bioenergy Fund II, and the existing portfolio of greenfield bioenergy projects, CIP is well positioned to deliver.”

KeyFacts Energy Industry Directory: Copenhagen Infrastructure Partners