Clearwater International has advised the shareholders of bmp greengas on the sale of 100% of the share capital to Erdgas Suedwest.
bmp greengas, headquartered in Munich, Germany, is the market leading biomethane wholesaler and service provider in Germany. The company trades approximately 2 TWh of biomethane per year, accounting for 15-20% of the German biomethane market. bmp greengas is the partner of choice for reliable transport, trouble-free balancing and secure supply of biomethane.
Erdgas Suedwest, headquartered in Ettlingen, Germany, is a gas supplier, particularly active in south-west Germany. Besides supplying natural gas, the company has a clear focus on the production and trading of biogas. Erdgas Suedwest is owned by the German publicly traded electric utilities company Energie Baden-Wuerttemberg and Zweckverband Oberschwaebische Elektrizitaetswerke, a consortium of nine regional districts in south-west Germany.
The Clearwater International team was led by Managing Partner Dierk Rottmann and Director Benjamin Bubrowski.
Dr. Andreas Seebach, Founder and majority shareholder, bmp greengas, said: “With Erdgas Suedwest we have found a strategic partner whose ideas and visions fit perfectly, and will enhance the further growth of bmp greengas and the future of the biomethane business in Germany.“
Dierk Rottmann, Managing Partner, Clearwater International, added: “We are delighted to have assisted the shareholders in finding the perfect partner for bmp greengas in a highly complex market. Erdgas Suedwest is a strong strategic partner able to further manifest the company’s leading market position and to capitalise its growth opportunities.”