Arjun Infrastructure Partners has become the majority shareholder in Bigadan, a leading Danish biogas company, following the purchase of an additional stake, reported Bioenergy Insight.
The investment was made through Arjun’s Infrastructure Alliance Europe 3 fund and comes after the firm’s initial 49.9% acquisition in 2021. Financial terms and the precise size of the new stake were not disclosed.
Bigadan converts organic waste, including manure and food industry by-products, into renewable biogas and fertiliser. The company operates nine production facilities, producing roughly 1.3 terawatt-hours (TWh) of renewable energy each year, with plans to exceed 2 TWh by 2027.
Looking ahead, Bigadan aims to expand by incorporating carbon capture technology and converting two of its plants from combined heat and power generation to direct grid injection.
Surinder Toor, managing partner at Arjun Infrastructure Partners, called the acquisition a pivotal step in the firm’s energy transition strategy, highlighting Bigadan’s strong role in Europe’s decarbonisation efforts and the supportive regulatory landscape in Denmark and the EU.
Henrik Laursen, Bigadan’s CEO, welcomed Arjun’s continued involvement, noting that the partnership will help the company enter a new growth phase focused on biomethane, carbon capture, and wider energy transition initiatives.
