About Groen Gas Oude Tonge B.V.
In April 2017, Ellomay purchased 51% of the shares of Groen Gas Oude Tonge B.V., an anaerobic digestion (AD) plant, with a green gas production capacity of approximately 475 Nm3/h, and the land on which the plant is constructed. The plant in Oude Tonge began commercial operations in June 2018. The remaining 49% of Groen Gas Oude Tonge B.V. are held by a subsidiary of Ludan Engineering Ltd. according to the strategic agreement signed in connection with Waste-to-Energy projects in the Netherlands with them.
The project receives a valid Sustainable Energy Production Incentive subsidy from the Dutch authorities for the energy it generates for a period of approximately twelve years.
A project finance loan has been signed for this project with a leading bank in the Netherlands.
Oude Tonge, the Netherlands