Eskilstuna Biogas has secured a seven-year, €15 million loan from the Nordic Investment Bank, supported by the EU under the InvestEU program, to finance the construction of a new biogas plant near Eskilstuna, Sweden.
The plant is designed to process up to 150,000 tonnes of feedstock per year and is expected to produce up to 5,450 tonnes of liquefied biogas annually. Construction is already underway, with operations slated to begin in the first half of 2027.
The facility will supply liquefied biogas as a renewable fuel for city buses and ferries, contributing to Sweden’s transition to cleaner energy sources.
Kaj Wågdahl, Chairman of Eskilstuna Biogas—owned by project developer Andion, fund manager Equitix, and shipping company Rederi AB Gotland (Gotlandsbolaget)—highlighted the company’s collaborative approach. He emphasized that the project is being developed in partnership with investors, the local municipality (which will provide food waste), and local farmers (who will supply manure) to ensure a sustainable and efficient operation.