Key Contacts: Bernard McEvoy – Partner | Olivia Creaven – Senior Associate | Leonora Mullett – Partner | Patrick Walshe – Partner | Niall Donnelly – Senior Associate | Finola Igoe – Senior Associate | Brendan O’Connor – Partner | Ronan Dunne – Partner
Heygaz Biomethane has entered into an agreement to acquire Ormonde Organics, a leading Irish biomethane platform.
With the addition of Ormonde Organics, Heygaz is entering the Irish market in a leadership role and will leverage the asset´s strong technical and professional skill base to pursue the further development of new biomethane production projects in the country. Heygaz plans to continue its strategy to build and consolidate a European network of biomethane production plants across a selected number of high-growth potential markets through both greenfield and brownfield development opportunities.
Ireland has a first-class opportunity to develop a scaled biomethane industry as a result of its abundant, sustainable agricultural feedstocks. This potential aligns with the Government of Ireland’s recent commitment to increase biomethane production from 75 GWh to 6 TWh by 2030.
The Philip Lee M&A and Corporate Transactions team, led by Bernard McEvoy and Olivia Creaven, was pleased to advise Heygaz on this acquisition. The key to the success of this transaction was the collaborative approach of our various teams to join forces as one. The M&A and Corporate Transactions team was supported by Planning (led by Leonora Mullett), Employment (led by Patrick Walshe), Energy (led by Niall Donnelly), Construction (led by Finola Igoe), Real Estate (led by Brendan O’Connor) and EU & Competition (led by Ronan Dunne).
