Heygaz Biomethane is managed by InfraVia Capital Partner as a portfolio company of funds. They reached an agreement to purchase Ormonde Organics.
Ormonde Organics is a leading Irish Biogas and Biomethane producer which operates two anaerobic digestion plants at Portlaw, County Waterford and Youghal, County Cork in the South of Ireland. They have a total annual production of 60 GWh.
They mostly use the biogas produced to generate renewable electricity. Ormonde Organise management team will be continuing on at the helm with the aims to increase Biomethane production, promote its use in transport and industrial applications.
With this acquisition Heygaz is now entering the Irish market in a leadership role able to leverage the assets strong technical and professional skills to develop new production projects in the country.
Beauchamps LLP worked to advise Ormonde Organics on legal matter as Deloitte Ireland LLP advised on financial matters.