Valoriza and Kira Ventures launch KamBIO with the ambition to invest €400 million in biomethane in Spain
KamBIO currently has a portfolio of more than 20 projects under development across Spain, with an estimated production capacity of over 1 TWh and associated investments exceeding €400 million. The first projects are expected to become operational starting in 2027. The agreement foresees investments both in in-house projects and in projects developed by third parties.
Valoriza has a long track record in building and operating waste treatment plants, including 10 biogas facilities, making it one of the sector’s main players. The company also marked a milestone in energy recovery from waste with the construction of Spain’s first upgrading plant, located in the Valdemingómez Technology Park, for injecting biomethane into the gas grid from municipal organic waste.
“This agreement will allow KamBIO to consolidate itself as a key player in the renewable gas sector, within a transformative project committed to the economic and social development of local regions,” said Mario Sancho, CEO of Kira Ventures.
Meanwhile, José Antonio García Galdón, General Director of Waste Treatment at Valoriza, added that “this agreement combines our expertise in waste management, our financial strength, and the agility of a company like KamBIO to accelerate the necessary investments in this sector.”
A major opportunity for sustainability, circular economy, and energy independence
Biomethane is a clean, renewable natural gas obtained by refining biogas produced from organic waste. Its production and use offer an effective solution for reducing greenhouse gas emissions by replacing fossil fuels with a sustainable alternative.
Beyond its environmental benefits, biomethane promotes local economic development, strengthens the circular economy, and contributes to energy independence, creating new opportunities for employment and investment in local territories.
Currently, Spain ranks as the third-largest country in the European Union in terms of biogas production potential. The National Integrated Energy and Climate Plan (PNIEC) sets a target of 20 GWh of biomethane production by 2030, compared to only 0.3 GWh produced in 2023.