- Momentum Global Ventures commits over EUR 30 million to Perpetual Next's EUR 75 million 2025 investment plan.
- The plan includes 15 production facilities focused on methanol and biogas.
- Perpetual Next reduced its debt from EUR 180 million to EUR 23 million since 2023.
- A EUR 30 million subsidy supports Perpetual Next's biogas facility in Moerdijk.
Investment and Expansion
Momentum Global Ventures has committed over EUR 30 million to Perpetual Next as part of a EUR 75 million investment plan for 2025. This funding will support capital expenditures for 15 production facilities, either operational or in development, enhancing the value of Perpetual Next's portfolio.
Focus on Biofuels
In response to geopolitical changes and new decarbonization regulations, Perpetual Next shifted its strategy in 2023 and 2024 to focus on bio commodities, specifically methanol and biogas. This shift aims to replace natural gas and comply with IMO decarbonization regulations for shipping.
Debt Reduction
Since mid-2023, Perpetual Next has significantly reduced its debt from EUR 180 million to EUR 23 million. This deleveraging effort has left all non-operational projects under construction or development debt-free, strengthening Perpetual Next's position in attracting long-term strategic investors.
Series B Placement
The additional investment by Momentum Global Ventures and its partners will exceed EUR 30 million, adding to the EUR 137 million already deployed in the Series B placement of EUR 200 million. Currently, 70% of the Series B is placed, with over 85% committed.
Public Support and Strategic Partnerships
Perpetual Next is receiving public support for its production facilities, which are strategically important for countries seeking energy independence. A recent EUR 30 million subsidy was awarded to its biogas facility in the Port of Moerdijk. The company is also in the process of selecting strategic long-term partners to expand its production capacity from 2026 onwards, with interest from the maritime and commodity industries in the EU, UK, and Asia-Pacific.
