Brief: Scandinavian Biogas Receives SEK 154 Mln In Investment Support From Klimatklivet

Biokraft International AB

13/12/2021 12:40

Dec 13 (Reuters) - Scandinavian Biogas Fuels International
AB  BIOGAS.ST :
    * SCANDINAVIAN BIOGAS RECEIVES SEK 154 MILLION IN INVESTMENT
SUPPORT FROM KLIMATKLIVET TO BUILD BIOGAS PLANT IN MÖNSTERÅS
    * PLANS TO BUILD A PLANT FOR PRODUCTION OF LIQUID BIOGAS
(BIO-LNG)
TOGETHER WITH LOCAL FARMERS IN GRIMHULT OUTSIDE MÖNSTERÅS ABOUT
370 KILOMETERS SOUTH OF STOCKHOLM
    * ACCORDING TO PLAN CONSTRUCTION WILL COMMENCE DURING FIRST
HALF
OF 2022 AND PRODUCTION IS PLANNED TO BEGIN IN 2024
    * SWEDISH ENVIRONMENTAL PROTECTION AGENCY'S PROGRAM
KLIMATKLIVET
HAS GRANTED SCANDINAVIAN BIOGAS' SUBSIDIARY MÖNSTERÅS
BIOGASPRODUKTION AB SEK 154 MILLION IN INVESTMENT SUPPORT FOR
PROJECT
    * MÖNSTERÅS BIOGASPRODUKTION COOPERATES WITH LOCAL FARMERS
TO
INVEST A TOTAL OF JUST OVER SEK 500 (NET) MILLION IN FACILITY
    * ENVIRONMENTAL PERMITS HAVE BEEN GRANTED

Source text for Eikon:  ID:nWkr1GHkd0 
Further company coverage:  BIOGAS.ST 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))