greenValue supports BALANCE Erneuerbare Energien GmbH in the acquisition of a biogas plant in the Harz Mountains
The information and consulting company greenValue has successfully supported one of Germany’s leading biogas operators in further expanding its biogas plant portfolio: The company, based in Schwaig near Nuremberg, was involved in the acquisition of the Alterode biogas plant in Saxony-Anhalt by the Leipzig-based BALANCE Erneuerbare Energien GmbH (BALANCE). “On behalf of BALANCE, we carried out the technical due diligence of the project and, together with their specialist departments, accompanied the transaction until signing,” says Daniel Kellermann, Managing Director of greenValue GmbH, describing the scope of services.
The biogas plant located in the Harz region has an installed electrical output of 1 MW. After the acquisition, it will be technically modernized under the direction of the new owner. “The on-site discussions conducted as part of the due diligence showed that efficiency can be further increased through the use of heat. Surrounding farms see the restart of the biogas plant very positively,” says Kellermann. Renewable raw materials and animal residues are fermented in the biogas plant. The electricity is fed into the local grid operator’s power grid.
Since mid-2019, greenValue has been cooperating in the area of due diligence with BALANCE, one of the leading German biogas operators. The company is a wholly owned subsidiary of the energy group VNG AG with its headquarters in Leipzig. The majority of the portfolio, which now includes 35 biogas plants, is located in northern and eastern Germany.
Publication free of charge, a specimen copy to greenValue GmbH is kindly requested.
Background to greenValue GmbH
greenValue GmbH operates as an information and consulting company in the field of renewable energies. The focus is on services in the areas of project management, project control and mergers & acquisitions (M&A).
About BALANCE Erneuerbare Energien GmbH
BALANCE Erneuerbare Energien GmbH is a 100 percent subsidiary of VNG AG. The company bundles VNG’s activities in the area of alternative energies and energy efficiency technologies. BALANCE focuses on comprehensive professional project development and participation in biogas and bionatural gas projects. The company currently employs around 85 people. Thomas Fritsch and Friedrich Nollau share the management. Further information can be found at: www.balance-vng.de.
greenValue GmbH
Wieseneckstrasse 26
90571 Schwaig b. Nuernberg
Germany
Phone: +49(0)911-507166-0
E-Mail: info@greenvalue.de
Web: www.greenvalue.de
Twitter: twitter.com/greenvalue02
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greenValue GmbH
Commercial register: Nuernberg Local Court, HRB 24212
Managing Director: Daniel Kellermann
Source: 23 October 2020, www.greenvalue.de