Banco Bpm and Nexta Renewable Gas Srl (Genera Group), closed a €6.6 million operation for the construction and modernization of a biomethane plant in Caivano. The financing, lasting 102 months, supports the Italian company of the Genera Group in the modernization of a biogas plant and in the construction of an upgrading plant for the production of biomethane in Caivano in the province of Naples.
Banco Bpm finances the plant in Caivano
The financing granted by Banco BPM, lasting 102 months, is aimed at supporting the company in the modernization of an existing plant for the production of biogas and in the construction of an upgrading plant for the production of biomethane through the treatment and anaerobic digestion of sludge and liquids deriving from the production waste of the Caivano plant, in the province of Naples, of a well-known multinational.
Biomethane and innovation, the role of Nexta Renewable Gas
Nexta Renewable Gas is an Italian company belonging to Genera Group, specialized in the design, construction and management of plants for the production of Biomethane, a 100% renewable gas that can be used as an alternative to fossil fuels. The technology used by Nexta Renewable Gas, which involves the transformation of organic waste, allows the pursuit of decarbonization objectives as biomethane is 100% renewable and involves a significant reduction in CO₂ emissions.
Statements
“We are pleased to have strengthened the already excellent relationship with Banco BPM, which has financed this new operation to support an innovative project that allows one of our important clients, already strongly established in the territory, to increase its competitiveness through an initiative according to the best principles of circular economy” – underlines Paolo Alberto Potenza, CEO of Genera Group – “We are proud to support our clients in the decarbonization paths that also guarantee them an economic advantage and we thank Banco BPM for having once again supported our growth in this sector”.
“This operation sees us as protagonists in once again supporting the principles of circular economy” – declares Luca Mazzini, head of the Centro Sud Territorial Directorate of Banco BPM – “We have proudly financed this intervention in an area that we cover with numerous branches and two Business Centers. I thank the entire management of Genera Group for having given us the opportunity to contribute to the development of this important project.”
