This is the first new investment by Innogy Venture Capital's fund, IRTF I, since RWE Innogy and Bankhaus Lampe (through its Conetwork Erneuerbare Energien holding) signed their strategic cooperation agreement last November to commit to the fund.

Innogy Venture Capital, the corporate venturing unit of Germany-based utility RWE, has become the second-largest investor in a consortium providing €6m ($8m) to Belgium-based biogas power producer GreenWatt.

This is the first new investment by Innogy Venture Capital’s fund, IRTF I, since RWE Innogy and Bankhaus Lampe (through its Conetwork Erneuerbare Energien holding) signed their strategic cooperation agreement last November to commit to the fund.

Private equity firm Gimv led the round with a reported €3.6m investment for GreenWatt, which…