Sweden's Biofrigas signs LoI for biogas liquefaction project in Finland
Sweden-based Biofrigas announced on September 19 that it had signed a letter of intent with a Finnish biogas producer to deliver infrastructure for liquefying upgraded biogas. The initial order is valued at SEK13mn ($1.3mn), with the potential to expand to SEK54mn.
The facility will liquefy upgraded biogas at the customer's plant in central Finland, using Biofrigas' CryoSep P technology, with a capacity of up to 10 GWh per unit annually. The customer, currently producing 45 GWh of biogas, plans to transition to liquefied biogas to enhance its product range.
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The customer currently uses agricultural and food industry by-products to produce upgraded gas, which is sold to the vehicle sector and various industrial applications.
The project will initially liquefy a portion of the total volume, with plans to scale as demand increases. The agreement is subject to the customer obtaining necessary permits and completing financing.