The acquisition will facilitate new possibilities in the development of biogas upgrading and Carbon Capture in Denmark and abroad.
“In Ammongas, we are facing a rapidly growing market, both within our traditional business area with biogas upgrades and the rapidly growing area with Carbon Capture. We see a fantastic match with European Energy, where we can combine competencies, experience and financial muscles to ensure a strong position in both areas,” says Anker Jacobsen, CEO of Ammongas.
European Energy takes over 51% of the shares in Ammongas and Anker Jacobsen will continue as CEO.