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Sevana enables Meridiam to enter US biogas sector

from IPE Real Assets

Sevana enables Meridiam to enter US biogas sector IPE Real Assets Infrastructure asset manager Meridiam is moving into the US biogas sector via a partnership with ABC member Sevana Bioenergy. Meridiam is investing $35 million to develop a biodigester project in Idaho with development partner Sevana acting as a service provider and long-term co-investor. The project consists of the acquisition of an existing biogas facility which has been in operation since 2011. The facility produces clean, renewable electricity from the anaerobic digestion of dairy manure that is delivered to the electric grid under a power purchase agreement with Idaho Power. READ MORE

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