Genesis Biopartner recently opened the first co-generation biogas -fueled power station in Filipestii de Padure, Prahova county, following a EUR 5 million investment. Romanian meat producer CrisTim will be the beneficiary of the electricity produced by the new station.

The biogas plant has a capacity of 1 MW and will initially use corn silage for feed-stock, but in the future, Genesis Biopartner will use the organic waste from the CrisTim meat factory, or collected from the county, and use it to produce energy.

“For Romania, this is the first biogas station, but there are some 10,000 functional stations at the European level, with an installed capacity of approximately 5,000 MW, so it is an usual thing,” said Michael Dietrich, founder of Genesis Biopartner. Moreover, the company plans to build 10 such biogas plants in the following three years.

Genesis plans to open at least 10 similar co-generation plants in Romania in the following three to four years, according to Dietrich.

Genesis Biopartner is a joint company made of Romanian company Baupartner and Swedish company Vireo Energy, formed in March 2013. The investment was fully financed by Genesis Biopartner, with 40 percent of the contribution coming from the Romanian company.

Irina Popescu, irina.popescu@romania-insider.com