BASgas is pleased to have receive investments from energy company Eneco and the East Netherlands Development Agency (Oost NL). BASgas will use this financial boost to realise production units at farms and set up a logistics system for transporting the gas produced at those farms and feeding it into the gas grid.
BASgas won’t just receive direct investments from Oost NL and Eneco’s investment branch Eneco Ventures. Both parties will also support the start-up in scaling up towards 50 gas production installations at farms. Furthermore, Eneco will purchase the green gas that BASgas produces and will blend into the gas grid. The procurement agreement assures BASgas of income during the years ahead, which will make it easier for the company to grow.
For more information, see the link to the press releases from Eneco and Oost NL https://news.eneco.com/eneco-and-oost-nl-invest-in-green-gas-start-up-basgas/
https://oostnl.nl/nieuws-overzicht/eneco-en-oost-nl-investeren-in-groen-gas-startup-ba-sgas