Financial closing new biogas plant Ludan and Ellomay
On 15 June 2017, the financial closing took place for the development and construction of a new biogas plant in Oude-Tonge in the Netherlands. The project investment is approximately EUR 8.5 million. The project is located in Oude-Tonge in the province of South Holland in the Netherlands. The project is being realized by Groen Gas Oude-Tonge B.V. a joint venture vehicle of Ludan Energy Overseas B.V. and Ellomay Capital Ltd.
The new plant will have a capacity of 3.8 million Nm³ of green gas / year, based on an annual processing mix of 36,000 tons of manure and agri-waste. The produced gas will be provided directly to the local grid.
This project is the fifth project partnership between Rabobank and Ludan in the Netherlands. As partners, Ludan and Ellomay, intend expanding their projects portfolio across Europe, with a strong focus on the Netherlands.
Ludan Energy Overseas B.V. is a subsidiary of Ludan Environmental Technologies Ltd., a part of the listed Ludan Group. Ellomay Capital Ltd. is a listed company that focuses its business in the energy and infrastructure sectors worldwide.
BWK Partners Attorneys of Amsterdam has advised Ludan on this renewable energy project. For more information, please see: http://ludan-env.com/news-events.