Etanax, a German investment holding acquires BioCHP Emlichheim, the alternative energy subsidiary of N.prior including a biomass-fired CHP plant.
About the Target – BioCHP Emlichheim
PN Emlichheim Biomasseheizkraftwerk GmbH & Co. KG (“BioCHP Emlichheim”) is a biomass-fired combined heat and power plant in Germany. The plant is fueled by approximately 150,000 tons and produces a thermal energy output of 70 MWth and an electrical energy output of 20 MWel.
About the Seller – N.prior
N.prior energy GmbH (“N.prior”) is a Germany-based company that specializes in the development and implementation of renewable energy solutions. The company focuses on the production of sustainable energy through PV systems and energy storage solutions. N.prior offers a range of services, including project planning, engineering, construction, and maintenance of solar power plants.
About the Buyer – Etanax
The Norderland / Etanax Group (“Etanax”) is a Germany-based energy company that specializes in the generation and distribution of renewable energy. With a focus on wind power, biogas, and solar energy, the company has established a strong reputation as a leader in the German renewable energy sector. Its commitment to sustainability and innovative technology has enabled it to expand its operations across Europe and beyond.