Ara Partners, a private equity firm specialised in industrial decarbonisation investments, has acquired the Spanish company FNX Liquid Natural Gas to form CycleØ Group, a European biomethane platform. CycleØ will actively develop and operate biomethane projects across Europe. The company will capture, process and upgrade naturally occurring methane gas produced by the agri-food and livestock industries to produce biomethane.
Link: https://www.prnewswire.com/news-releases/ara-partners-invests-in-cycleo-301506118.html