Tages Capital SGR, an asset manager focused on alternative investment funds in private markets and Italy’s second-largest photovoltaic operator, has finalized the acquisition of four biogas production plants, which are set to transition to biomethane production by 2026.
This marks the inaugural investment in a biomethane portfolio for the Tages Helios Net Zero fund, which has recently closed with €375 million, primarily sourced from institutional investors.
The acquired portfolio consists of four operational plants situated near Pavia and Cremona, specifically in the municipalities of Genivolta, Tromello, and Dorno, with a combined capacity of about 4 MW. Each facility is expected to produce approximately 300 Smc/h of biomethane, collectively generating over 2 million Smc of biomethane annually once fully operational.
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Biomethane will be derived from livestock waste and agricultural by-products not meant for human consumption, including manure from pigs, cattle, and poultry, along with triticale, wheat bran, grains, and silage from local farms, ensuring a nearly zero-kilometer supply chain. The anaerobic digestion process will also yield digestate, which can serve as a natural fertilizer.
Umberto Quadrino, Chairman of Tages S.p.A. and CIO of Tages Capital SGR, stated: “Unlike other renewable energy sources such as solar and wind, which are subject to intermittent production due to environmental factors, biomethane offers various applications, including electricity generation, positioning it as a controllable renewable resource.”
He emphasized the flexibility of biomethane, noting that the produced energy can be integrated into the same grid as natural gas. Quadrino added that the company plans to pursue further investments to develop an industrial-scale portfolio in alignment with the strategy of the Tages Helios Net Zero fund.
Recognized within the financial community as a significant player in the renewable energy sector, Tages Capital SGR has attracted institutional investors and private banking networks due to its appealing risk-return profile and semi-annual distributions. The firm is committed to actively facilitating the energy transition.
Prior to this acquisition, Tages Capital SGR had invested in iPlanet, a joint venture aimed at deploying ultra-fast electric charging stations across over 500 service areas in Italy, with additional initiatives currently in development.
