NIB funds BioCirc’s carbon capture and storage facilities in Denmark
The Nordic Investment Bank (NIB) has signed a 9-year loan to co-finance Danish BioCirc Group’s carbon dioxide liquefication and transport investments at its biogas facilities in Denmark. The EUR 27.5 million (DKK 205 million) loan is supported by the InvestEU programme and is eligible under NIB’s InvestEU Framework Operation on Clean Energy Transition. This is NIB’s first InvestEU loan in Denmark. The loan will finance the infrastructure needed at five of BioCirc Group’s eight plants to clean and liquefy captured CO2. Biomethane production is usually done by separating the
