Client:
Renergia
Date:
October 2025
Object of the assignment:
Financial Advisor to the Borrower
Value of the transaction:
Eur 70 mm
With:
In October 2025, ValeCap acted as exclusive financial advisor to Renergia S.p.A. (“Renergia”), a company owned by funds managed by PATRIZIA SE (“PATRIZIA”), in structuring a €70 million multi-borrower project financing package (the “Financing Transaction”) for its controlled entities Biomet Ambiente S.r.l. (“Biomet”) and Agrimet S.r.l. (“Agrimet”, and together with Biomet, the “Borrowers”).
The Financing Transaction supports (i) the refinancing of an operating biomethane plant processing the organic fraction of municipal solid waste (“FORSU”), owned by Biomet, and (ii) the upgrade and expansion of a portfolio of agricultural-feedstock biogas plants in Northern Italy owned by Agrimet. The transaction will also provide additional resources to Agrimet to pursue the acquisition of further plants. The FORSU plant, operational since November 2023, has an annual treatment capacity of 45,000 tons of organic waste, while the Agrimet portfolio comprises multiple operating biogas assets undergoing modernization to biomethane production.
The financing package, arranged and provided by UniCredit S.p.A., includes a long-term term loan facility, a VAT facility, and a debt service reserve facility. The structure is designed to fund capital expenditures for the upgrade of the Agrimet plants, cover refinancing costs related to the FORSU asset, and support growth through targeted acquisitions.
PATRIZIA, headquartered in Europe, is a leading real assets investment manager with over €55 billion in assets under management and a strong focus on sustainable and impact-driven strategies. Renergia represents PATRIZIA’s integrated Italian platform dedicated to biomethane and bio-LNG, supporting the decarbonization of transport and the development of a sustainable circular economy.
This transaction further consolidates ValeCap’s strong positioning in renewable gas and energy transition advisory, supporting institutional investors in deploying capital toward high-impact, sustainable infrastructure.