Brief: Akola Group Says It Plans To Build A Biomethane Production Plant For EUR 19.4 Million

Akola AB

25/07/2024 06:59

July 25 (Reuters) - Akola Group AB  AKO1L.VL :
    * AKOLA GROUP AB SAYS IT PLANS TO BUILD A BIOMETHANE
PRODUCTION
PLANT FOR EUR 19.4 MILLION
    * AKOLA GROUP AB SAYS THE PLANT IS EXPECTED TO BE
CONSTRUCTED ON
COMPANY'S LAND PLOT IN Q1 2026
    * THE BIOMETHANE IS EXPECTED TO BE PRODUCED IN Q2 2026 AND
THE
PROJECT IS PLANNED TO APPLY FOR EU FUNDING
    * AKOLA GROUP AB SEES BIOMETHANE PLANT GENERATING AN ANNUAL
EBITDA
OF EUR 4.3 MILLION AND PAY FOR ITSELF IN 7 YEARS AND 4 MONTHS

Source text for Workspace:  ID:nGNE5bgyZQ 
    
Further company coverage:  AKO1L.VL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))