HitecVision Acquires 50% of Polska Grupa Biogazowa from TotalEnergies
May 14, 2025
HitecVision has agreed to buy a 50% stake in Polska Grupa Biogazowa (PGB) from TotalEnergies for an enterprise value of €190 million under a signed SPA. PGB is Poland’s leading biogas operator with 20 operating units and c.450 GWh of equivalent biomethane capacity (targeting 2 TWh by 2030); the partnership will support scaling via greenfield projects and M&A and remains subject to regulatory approvals.
- Buyers
- HitecVision
- Targets
- Polska Grupa Biogazowa
- Sellers
- TotalEnergies
- Industry
- Renewable Energy
- Location
- Masovian Voivodeship, Poland
- Transaction Type
- Divestiture
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