European Chemical Industry News & Insights

Heygaz Biomethane to Acquire Ormonde Organics

At a glance
  • Ormonde Organics operates two anaerobic digestion plants with a total capacity of 60 GWh annually.
  • A third facility is planned to be operational by the end of 2025.
  • The transaction is subject to clearance from Irish authorities.
  • Ormonde is working with GNI to inject biomethane into Ireland's national gas grid.

Acquisition Details

Heygaz Biomethane, managed by InfraVia Capital Partner, has agreed to acquire Ormonde Organics, a leading Irish biogas and biomethane producer. The current Ormonde management team will remain and join Heygaz's executive team, retaining equity participation. The transaction is pending customary clearance from Irish authorities.

Operational Capacity

Ormonde Organics operates two anaerobic digestion plants in Portlaw, County Waterford, and Youghal, County Cork, with a combined production capacity of 60 GWh annually. A third facility, expected to be operational by the end of 2025, has received full planning permission.

Biomethane Integration

Currently, most biogas produced by Ormonde's plants generates renewable electricity, with a small portion upgraded to biomethane for bio CNG. Ormonde is collaborating with Gas Network Ireland to inject biomethane directly into the national gas grid from its Portlaw site, facilitating its commercialization within the EU market. The company aims to increase biomethane production for transport and industrial applications, supporting decarbonization and supply security.

Strategic Context

Ireland's abundant agricultural feedstocks present a significant opportunity to scale the biomethane industry, aligning with the government's goal to boost production from 75 GWh to 6 TWh by 2030. Heygaz plans to leverage Ormonde's technical and professional expertise to develop new biomethane projects in Ireland, continuing its strategy to build a European network of biomethane plants in high-growth markets through greenfield and brownfield developments.