Taaleri and Tesi Invest EUR 16M in Ren-Gas
- Ren-Gas secured EUR 16 million in growth financing from Taaleri, Tesi, and other investors.
- Founded in 2021, Ren-Gas aims to build a nationwide P2G plant network in Finland.
- The Tampere flagship project is ready for construction with over 700 MW electrolysis capacity planned.
- Ren-Gas focuses on producing renewable e-methane to reduce emissions in heavy transport.
Investment and Key Players
Taaleri and Tesi, along with other investors, have committed EUR 16 million to Ren-Gas, a Finnish company specializing in Power-to-Gas (P2G) solutions. Major shareholders include Allianz and Suomen Tavara ja Raha Oy, who also participated in this funding round.
Ren-Gas Objectives
Founded in 2021, Ren-Gas aims to establish a nationwide network of P2G production plants across Finland. The company focuses on producing renewable e-methane to reduce emissions in heavy road transport and shipping.
Project Developments
Ren-Gas's flagship project in Tampere is ready for construction. The development pipeline includes over 700 MW of electrolysis capacity, which can meet the annual fuel demand of approximately 7,000 heavy-duty trucks.
Strategic Advantages
Ren-Gas benefits from Finland's competitive renewable electricity prices, robust grid infrastructure, and existing gas network. These factors support the company's goal of delivering significant emissions reductions and aligning with EU taxonomy and UN Sustainable Development Goals.
Source: Ren-Gas