Energy giant TotalEnergies has bought biogas producer Polska Grupa Biogazowa (PGB) as well as some solar power projects from FFKM112 in Poland. The move forms part of the company’s expansion into renewables in the country.
The acquisition of PGB raises TotalEnergies’ biogas production capacity to 1.1 terawatt-hours (TWh) and gives the Company a leading position in the promising Polish market, which represents Europe’s fourth-largest potential for biogas and biomethane production, estimated at close 100 TWh.
‘These agreements illustrate TotalEnergies’ commitment to developing its renewable activities in Poland, and in Europe as a whole, to support the European Green Deal,’ says Stéphane Michel, president of gas, renewables & power at TotalEnergies. ‘On the one hand, we are gaining a solid foothold in Poland’s biogas market thanks to an existing company’s proven track record, experienced teams, and broad asset base. On the other hand, we are developing our presence in renewable energies with a portfolio of solar projects. With these two transactions, we are pleased to be able support Poland in its ambition to develop renewable energies and strengthen its energy sovereignty. We hope we will also have the opportunity to provide Poland with our expertise in offshore wind, an area in which we have formed a partnership with KGHM.’
