On December 18th, Aneo, St1, and HitecVision announced their intention to consolidate their ownership in Biokraft International through the creation of the company 1Vision Biogas. This week, Swedish authorities approved that 1Vision can retain majority ownership in Biokraft International. Currently, 1Vision Biogas owns about 55 percent of the shares and announced today a bid for the remaining shares in the company.
Biokraft is a Nordic, green technology company that produces bioenergy and plant nutrients by recycling organic waste and by-products in large-scale biorefineries. Biokraft builds, owns, and operates large-scale biogas plants, currently with facilities in Sweden, South Korea, and Norway, including Skogn in Trøndelag.
Through its ownership in Biokraft International, Aneo aims to help Biokraft achieve its growth targets and contribute to a more profitable energy transition throughout the Nordics.
– We have developed Biokraft since 2010 and have significantly contributed to the industrialization of liquid biogas in Norway and Sweden. This is industrial development we are very proud of, which considerably impacts the climate with an expected annual reduction of CO2 equivalents by 170,000 tonnes from 2024 from Biokraft. We see that this requires substantial investments in new biogas production facilities. With Hitecvision and ST1 as partners, we can and will achieve our goals, says Håkon Welde, responsible for ownership management at Aneo.
1Vision Biogas is owned 50 percent by St1 Nordic Oy ("St1") and 50 percent by Daytona Holdco AS, the joint holding company of Aneo and HV Daytona. HV Daytona is fully owned by HitecVision New Energy Fund AS, a fund managed by HitecVision.
