Rika Biotech is developing a pipeline of large volume manure and agri-waste biogas projects accross the UK and Europe. Rika has identified key target markets where  conditions enable the development of large scale biomethane projects that produce attractive returns.

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In response to Russia's invasion of Ukraine the European commission launched the RePowerEU plan in May 2022. As part of its plan, the Commission proposed a rapid acceleration of renewable energy including 35 bcm of biomethane by 2030 and a new Biomethane Industrial Partnership to 'support the achievement of the target and create the preconditions for a further ramp up towards 2050.

 

The Rika model is to work with specialist green infrastructure funds and other investors to source, finance and develop biomethane projects. We also work with local development partners to identify suitable sites with access to sustainable waste streams. We take projects through to planning and permitting and arrange financing. Based on our experience of operating for fifteen years in the biogas sector Rika is well placed to advise funders on the key risks of biogas projects from  legal, financial and technical aspects. We always ensure from the outset that a project has secure  feedstock and off-take contracts as well as proven, bankable contractors for project construction and O&M provision.

 

The market for biogas is developing fast and the old constraints around grid connections for either electricity or gas don’t always apply. Therein lies new opportunity for the sector.

 

If you have a green gas project in the UK or Europe and you are looking for either a development partner or project financing please get in touch via our contact form.

 

Current Projects

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GMT Biogas​

In March 2024 Rika and Swen Capital Partners' SWIFT III fund completed an investment into exciting UK AD developer GMT Biogas, with plans to build own and operate a significant pipeline of farm based AD plants over the next 5 years.

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Enricom Biogas

In December 2023 Rika and Swen Capital Partners' SWIFT II fund have invested via Polish Biogas Investments into biomethane project developer Enricom Biogas with an initial portfolio of three 700m3/hr biomethane projects in North West Poland.

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AGR Biogas

Since July 2022 Rika has been assisting in the development of a large pipeline of biomethane projects in Spain in partnership with Swen Capital Partners' SWIFT II fund and AGR Biogas- a leading developer of biomethane projects in Andalusia.

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Rika Biogas Investments

In partnership with a developer in Greece Rika financed, in partnership Swen's SWIFT fund, the build of a 3MWe AD plant near Larissa and agreed funding to extend a second plant from 1.5MWe to 2.3MWE on the Thessaly plain. Construction on the 3MWe plant was completed in  early 2023.