Enagás Emprende, a subsidiary of Enagás, has acquired 13% of the British biogas start-up, SEaB Power.
SEaB Power’s technology consists of a plant that is installed at sites where food and bio-waste are produced, turning them into green energy, water and fertilizers. Organic waste is thus reused sustainably, avoiding the need for transportation and treatment, giving users a quick return on investment. This system, called Flexibuster, is marketed in the United Kingdom, Portugal, France and the United States. Enagás Emprende’s support will enable its development and the manufacturing of equipment in Spain.
Enagás Emprende –a three-year-old subsidiary for corporate entrepreneurship and open innovation– is the company’s corporate venture initiative for the investment and acceleration of start-ups and disruptive technologies in the sphere of energy transition and decarbonisation.
According to Marcelino Oreja, CEO of Enagás, “non-electric renewable energies, sustainable mobility, energy efficiency, and so-called clean technology are key areas in which Enagás works to move the energy transition forward, and this can be done thanks to the development of new models and technologies“.