SUBSCRIBE
PROFILE

TotalEnergies sells 50% of PGB to HitecVision to develop biogas in Poland

TotalEnergies sold 50% of Polska Grupa Biogazowa to HitecVision for €190mn to accelerate biogas development in Poland and reach 2 TWh of biomethane by 2030.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

On May 14, 2025, TotalEnergies announced the sale of 50% of Polska Grupa Biogazowa (PGB) to HitecVision for an enterprise value of €190mn ($206mn). This transaction marks a strategic shift for the French group in the renewable energy market in Eastern Europe. PGB, the leading biogas player in Poland, currently operates 20 production units with an installed capacity exceeding 450 GWh of biomethane equivalent.

Founded in 2007 and fully acquired by TotalEnergies in 2023, PGB is engaged in cogeneration projects that produce both electricity and heat. Two new facilities are currently under construction, and the company is targeting a production capacity of 2 TWh of biomethane by 2030.

Strategic objectives of both partners

The agreement with HitecVision, a Norwegian investment firm specialised in energy, follows the “farm-down” model adopted by TotalEnergies for its renewable assets. This approach aims to free up capital while retaining a stake in long-term projects deemed profitable and foundational. Stéphane Michel, President of Gas, Renewables & Power at TotalEnergies, stated that this partnership will support PGB’s growth in a rapidly expanding Polish market.

For HitecVision, the transaction is part of its New Energy Program, which focuses on low-carbon energy investments. According to Erlend Ellingsen, CEO and Managing Partner at HitecVision, Poland represents a unique opportunity for profitable growth through a mix of greenfield projects and mergers and acquisitions.

A developing market under regulatory oversight

Poland, which still lacks significant biomethane infrastructure, is currently engaged in regulatory efforts to diversify its energy sources, particularly within the framework of European Union climate goals. The biogas sector is being driven by the broader context of energy transition and supply security.

The transaction remains subject to the necessary governmental and regulatory approvals. In the meantime, the two partners plan to leverage their complementary expertise to strengthen PGB’s industrial footprint and capture a growing share of the Polish biogas market.

  • Popular on energynews.pro
Paratus receives $38mn payment in Mexico through government fund
Sojitz develops 44 MW solar plant in Wakayama without public support
Ontario mandates Hydro One for new high-voltage line with First Nations partnership
UK launches radical overhaul of nuclear regulation system
Iberdrola reshapes its portfolio to become a leader in transatlantic regulated networks
Erex and ENEOS cancel 300MW biomass project in Niigata
Erex will end the environmental assessment of a 300MW biomass project developed with ENEOS in Niigata due to rising costs and a weaker yen.
Erg Bio raises $6.5mn to accelerate synthetic fuel production in the United States
California-based start-up Erg Bio has closed a $6.5mn seed round to industrialise its Aspire™ technology, backed by Azolla Ventures, Chevron Technology Ventures, and Freeflow.
Haffner Energy bets on H6 to secure investments in biomass‑hydrogen technology
Haffner Energy presents the H6 generation, a biomass‑hydrogen system positioned as competitive against electrolysis, as the company seeks new investors amid financial pressure and a regulatory landscape focused on RFNBO.
Haffner Energy launches 100-tonne-per-day biomethanol project in California
Haffner Energy signs its first contract in the United States with OroCarbo to supply two SYNOCA® modules for an integrated biomethanol project scheduled for 2028 in California's Central Valley.
Buenos Aires raises biofuel prices for the domestic market
Argentina increased regulated prices for ethanol and biodiesel used in mandatory blending, directly impacting the local industry and domestic fuel market.
80 Mile PLC takes full control of Ferrandina and signs three key agreements in Italy
80 Mile PLC has completed the full acquisition of Ferrandina in Italy and signed three memorandums of understanding with major energy groups, securing the supply and processing of 120,000 tonnes of biofuels per year.
Fonds de solidarité FTQ takes equity stake in Keridis BioEnergy to support biomethanation in Québec
Fonds Bioénergie acquires a stake in Keridis BioEnergy to accelerate renewable natural gas production from agricultural and food residues across Québec.
US biofuels production capacity growth slows sharply in 2024
The United States recorded a limited 3% increase in its annual biofuels production capacity in 2024, hindered by declining margins and the closure of several facilities.
Eni phases its biorefineries to 1.65 Mt/y and secures financing
Enilive aligns conversions in Italy, hubs in Asia and U.S. diversification, with rising HVO margins, integrated pretreatment and HVO/SAF offtakes tied to European requirements, supporting volumes, site utilization and operational guidance.
ENGIE Solutions secures 25-year contract for district heating network in Bain-de-Bretagne
The Ille-et-Vilaine Departmental Energy Syndicate awarded ENGIE Solutions a €9.5mn ($10.01mn) contract to operate a 4.9 km heating network, scheduled for commissioning in 2027.
Clean Energy Technologies receives approval for agricultural biogas power plant in Vermont
Vermont’s energy regulator authorises final review of a 2.2 MW project led by Clean Energy Technologies to convert agricultural waste into renewable electricity.
Brazil’s biodiesel sector calls for tighter oversight amid rising prices and fraud risks
The increase in Brazil’s biodiesel blend mandate to 15% has reignited calls for stronger regulatory supervision as prices climb and budget constraints limit enforcement.
Waga Energy accelerates in Brazil to capture biomethane growth
Waga Energy strengthens its presence in Brazil, betting on a rapidly structuring market where biomethane benefits from an incentive-based regulatory framework and strong industrial investment prospects.
John Cockerill and Axens deploy NesaBTF to industrialise residue torrefaction
John Cockerill and Axens launch NesaBTF, an industrial torrefaction technology designed to optimise biomass supply, with targeted ambitions in the growing sustainable aviation fuel market.
Invest International grants $31.9mn for energy project in Johannesburg
A R550mn grant enables Johannesburg to launch a waste-to-energy project with a 28 MW capacity under a 25-year public-private partnership model.
ENGIE secures 31GWh/year of biomethane from CVE Biogaz in Ludres
ENGIE signs a 15-year agreement with CVE Biogaz for the purchase of biomethane produced in Ludres, under the Biogas Production Certificates mechanism, marking a structuring step for the sector's development in France.
Goldwind launches green methanol production in Inner Mongolia with CNY2.3bn investment
The first phase of a green methanol project in Inner Mongolia has successfully completed biomass gasifier technical tests, marking a key milestone in Goldwind's industrial deployment.
Eni invests in the industrial conversion of its petrochemical site in Priolo
Eni begins the transformation of its Priolo complex in Sicily with a 500,000-tonne biorefinery and a chemical plastic recycling plant, based on its proprietary Hoop® technology.
Waga Energy commissions 60 GWh biomethane unit in Iowa
Waga Energy has launched a biomethane production unit in Davenport, Iowa, in partnership with the Scott County Waste Commission and Linwood Mining and Minerals, with an annual capacity exceeding 60 GWh.
Uniper signs seven-year biomethane purchase agreement with Five Bioenergy
German group Uniper has entered into a long-term supply deal with Five Bioenergy for biomethane produced in Spain, with deliveries scheduled to begin in 2027.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.