Finance
Spain's Solarig to invest more than $350 million in biomethane plants in Italy
Published by Global Banking & Finance Review®
Posted on July 8, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 8, 2025
1 min readLast updated: January 23, 2026
Solarig will invest over $350 million in Italy to build 20 biomethane plants, aiming to supply 360,000 households and become a leading producer in Europe.
MADRID (Reuters) -Spanish renewable developer Solarig will invest more than 300 million euros ($351.51 million) through the end of the decade to build and operate more than 20 biomethane plants in Italy, it said on Wednesday.
The investment will be deployed through the company's biomethane subsidiary Biorig, which is also developing 20 plants in Spain.
Biomethane can be produced from organic waste like food scraps or damaged crops.
The portfolio in Italy will reach production of 90 million cubic meters a year, or almost 1 terawatt hour every year, the company said, enough to cover consumption for 360,000 Italian households.
"Our goal is to become one of the leading biomethane producers in Europe, and to make this business one of Solarig's strategic pillars in the coming years, alongside the development of renewable energy projects," Biorig Director General Manuel Alonso said.
($1 = 0.8535 euros)
(Reporting by Pietro Lombardi, editing by Aislinn Laing)
Solarig will invest more than 300 million euros, equivalent to approximately $351.51 million, through the end of the decade.
Solarig plans to build and operate more than 20 biomethane plants in Italy.
The portfolio in Italy will reach a production capacity of 90 million cubic meters a year, which is nearly 1 terawatt hour annually.
The biomethane produced will be sufficient to cover the consumption needs of approximately 360,000 Italian households.
Solarig aims to become one of the leading biomethane producers in Europe and to make this business a strategic pillar alongside renewable energy development.
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