The Eiffel Investment Group recently announced the launch of Galia Green Power. This is a new pure player in Poland dedicated to green gases, with a focus on biomethane.
“The company was co-founded by Eiffel Gaz Vert – Eiffel’s first fund dedicated to its low-carbon molecule investment strategy – and a team of four very experienced managers to develop, acquire, build and operate best-in class biomethane plants in Poland, with best-in-class environmental and health & safety standards as a top priority,” added Eiffel.
“Marcin Orłowski, Roman Czernicki, Slawomir Szafranski and Grzegorz Jackiewicz will be leading the charge while leveraging Eiffel’s unique expertise in renewable gas investments.”
Galia Green Power‘s strategy includes the development of greenfield biomethane projects, most often in cooperation with large partners within the agricultural and food industries. However, Galia Green Power also explores existing biogas opportunities, with the goal to bring operational excellence, increase capacity and upgrade to biomethane.
Poland is an important country in Europe when it comes to the energy transition, it added.
“It continues to be a target market for our green gas investment strategy because of its high potential and generally favourable regulatory tailwinds. According to the European Biogas Association, Poland is in Europe’s top five countries for biomethane with an identified potential of c. 9 bcm/year by 2040.”
It was also very natural for Eiffel Investment Group to increase its Polish footprint given its track record in supporting the country’s shift to a low-carbon economy, because it opened a representative office in Warsaw in February last year.
“Since 2018, Eiffel has invested more than €500 million in energy transition projects in Poland and Eastern Europe,” Eiffel added.
Eiffel Investment Group has about €6.6 billion under management as of 30 June last year, including uncalled commitments. Backed by the Impala Group founded by entrepreneur Jacques Veyrat, Eiffel Investment Group cultivates a strong industrial expertise – in particular for the energy transformation sectors.
