BSOG Energy will fully finance and execute the estimated EUR 30 million investment. At that stage, DN AGRAR also holds the option to participate with an equity stake.
Over the next eight months, the plant’s design is expected to be finalized, along with the completion of all permitting procedures. The final investment decision is anticipated in the first part of 2026, with operations envisaged to start latest in the first part of 2028, subject to authorities’ approvals.
„By turning farm waste into clean energy, we aim to cut carbon emissions by up to 90% and we are opening a new revenue stream. With land acquisition completed and building permits progressing through joint efforts, the project is well underway. Together with our composting and solar energy initiatives, the project forms a key pillar of our 2025–2030 strategy to double EBITDA and strengthens DN AGRAR’s position as a leader in sustainable agriculture, contributing directly to the production of net-zero milk,” says Peter de Boer, DN AGRAR Group CEO.
Initial production capacity is set at up to 15 MW, with the potential to exceed 20 MW in subsequent phases.
DN AGRAR will supply the raw material for biomethane production through a long-term contract of 15 years to ensure sustainability, with expected yearly revenues of an approximative EUR3.5 million.
“The signing of these definitive development and supply agreements with our partner DN AGRAR demonstrates the continuous progress being made for the realization of developing the first biomethane project in Romania. We are anticipating that this pioneering project with DN AGRAR will then be followed by our recently announced combined Biomethane/Biofertilizer project and further Biomethane projects to be announced for the country. By eliminating organic waste from the environment and producing domestic gas with zero carbon emissions we believe that BSOG Energy will be making a significant contribution to both Romania’s energy security and its transition to greener energy. BSOG Energy’s ultimate shareholders, The Carlyle Group and The European Bank for Reconstruction and Development, are fully supportive of this new venture, and we expect the final investment decision in the first part of 2026,” stated Mark Beacom, Managing Director, BSOG Energy.
DN AGRAR Group was set up in 2008 by Jan Gijsbertus de Boer and has been listed on the Bucharest Stock Exchange, on the AeRO market, since February 2022.
BSOG Energy is a Romanian energy company aiming to develop green energy projects.
(English version by Catalina Apostoiu)