Igneo acquires German biomethane producer DAH

London, 7^th September 2023: Igneo Infrastructure Partners has agreed to acquire the renewable energy company DAH Group from Zech Group, a German family office, and the Gustav Zech Stiftung, a charitable foundation.

Headquartered in Berlin, DAH owns and operates 21 biogas plants in Eastern Germany, processing organic input materials into fully renewable biofuels essential to achieving the German and European energy transition. In addition to its operating portfolio, DAH is well-positioned to contribute to the ambitious growth targets the EU has set for domestic biomethane production.

Biomethane can be used interchangeably with natural gas and is used widely in heating, transportation and industrial processes. Unlike natural gas, biomethane is fully renewable and has a net zero carbon footprint.

Gregor Kurth, Partner, Igneo Infrastructure Partners said: “We are delighted to support DAH as it continues to provide the European market with biomethane, contributing both to energy independence and net zero goals. Our pro-active long-term and sustainable approach to investing is fully aligned with DAH’s strategy. With its impressive track record, DAH is in an ideal to position to further grow its biomethane portfolio.”

With the acquisition of DAH, Igneo further expands its global renewables footprint and underscores its commitment to help facilitate the global energy transition.

The transaction is expected to close by November 2023, following customary approvals.

Press contacts:

George Rogers
MHP Group
07954 241105 / [email protected]

‍About Igneo Infrastructure Partners

Igneo is an autonomous investment team in the First Sentier Investors Group. It invests in high-quality, mature, mid-market infrastructure companies in renewables, digital infrastructure, waste management, water utilities and transportation / logistics sectors in the UK, Europe, North America, Australia and New Zealand. Operating since 1994, the team works closely with portfolio companies to create long-term sustainable value through innovation, a focus on ESG and proactive asset management.

Igneo manages A$28.5bn (US$19.5bn) worth of assets (as at 31 December 2023) on behalf of more than 200 investors around the world.

Media Enquiries

For UK and EMEA Media enquiries:

MHP Group
[email protected]

Important information

This press release is intended for information only, aimed solely at the media and should not be further distributed to individual and/or corporate investors, and financial advisers and/or distributors. The information included within this document and any supplemental documentation provided should not be copied, reproduced or redistributed without the prior written consent of First Sentier Investors.