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GENO Bioenergie | Fully Syndicated

GENO Bioenergie Leasingfonds Erste GmbH & Co. KG

Industry Energy
   
Segment Biogas
   
Investment 40 biogas plants, each with a capacity of 500 KW, including the necessary insfrastructure in Klarsee, Mecklenburg-Western Pomerania.
   
Philosophy The rationale for this project was to secure long-term independence from fossil fuels by efficiently generating base-load energy on an industrial scale.

Particular emphasis was placed on such factors as:
  • Location in an economically underdeveloped farming region
  • Good infrastructure with convenient access to a motorway.
As the world's largest bioenergy park of the time, this project was initially showcased by the political establishment in Germany. After 2009 – due to a retroactive change in the German renewable energy law – feed-in tariffs for green electricity were drastically reduced. Thanks to the support of investors and distribution partners, the status quo was reinstated following intensive talks with the various political parties. As a result, continuity of the project has been assured and the cost-effectiveness of the park restored.

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