- Momentum Global Ventures completes €200 million Series B investment in Perpetual Next by 2026.
- €70 million additional capital committed for 2025 and 2026.
- Funds support facility construction and biomethanol production expansion in Europe and the US.
- Perpetual Next's biomethanol blueprint aims for 220,000 tons annual production per site.
Investment Completion
Momentum Global Ventures will finalize its €200 million Series B investment in Perpetual Next by 2026. This strategic move strengthens Momentum's majority stake in the biocommodity producer.
Capital Allocation
By the end of 2025, Momentum's affiliates had invested €137 million, with an additional €30 million added that year. A further €40 million is committed for 2026, completing the Series B funding.
Facility Expansion
The investment supports the construction and expansion of production facilities in the Netherlands, Estonia, and the US. A key project includes developing the world's largest torrefaction reactor with TSI.
Biomethanol Blueprint
Perpetual Next's biomethanol blueprint, developed with Air Liquide and Fluor, is being implemented at four sites in Europe and the US. Each site aims to produce 220,000 tons of biomethanol annually.
Growth Financing
Momentum's capital is fully contributed as share capital, making Perpetual Next the sole shareholder of its methanol production sites. ING Corporate Finance will assist in raising growth capital for further development.
