BeCapital, the €150m ($200m) corporate venturing fund of Belgium-based consultants BeCitizen, has taken a minority stake in a biogas company.
BeCapital has invested €11m and subscribed to a further capital injection of €14m next year in Verdesis, which is majority owned by France-based utility EDF Energies Nouvelles.
EDF Energies Nouvelles retain 65.5% of Verdesis, with an undisclosed remainder held by the biogas company’s founder, Xavier Lombard.
Verdesis was founded in 2006 and produces and operates anaerobic digestion and biogas…
