The companies will analyze opportunities to promote, develop and operate biogas plants.
This alliance stems from Ferrovial’s strategy to develop waste-to-energy businesses under a circular economy model.
The agreement is part of Enagás’s commitment to the development of non-electric renewable energy, such as hydrogen and biogas/biomethane, as vital new energy solutions in the decarbonization process.
MADRID, 11-Oct-2018 — /EuropaWire/ — Ferrovial and Enagás have signed a collaboration agreement to explore opportunities in biogas production and distribution. The two companies will analyze projects to develop and operate plants in which biogas generated in waste-to-energy facilities managed by Ferrovial will be converted into biomethane.
Biogas contributes to the circular economy as it is the result of a proper waste recovery. Biogas is a renewable gas generated by the anaerobic decomposition of wastewater and municipal, agricultural, livestock and forestry solid waste. Biogas can be upgraded to biomethane, a renewable energy that can be directly injected into piped gas networks or used in the manufacturing sector or as alternative fuel for vehicles.
The agreement evidences both companies’ commitment to the circular economy. For Ferrovial, it means a step forward in the development of new businesses related to waste-to-energy processes to obtain sustainable energy. Enagás supports the development of non-electric renewable energy (biogas/biomethane and hydrogen) as vital energy solutions in the decarbonization process.
Ferrovial is one of the World’s leading infrastructure operators and municipal services companies, committed to developing sustainable solutions. The company has 96,000 employees and operates in over 20 countries. Its main business areas are: Services, Toll Roads, Construction and Airports. It is a member of Spain’s blue-chip IBEX 35 index and is also included in the Dow Jones Sustainability Index and FTSE4Good; all its operations are conducted in compliance with the principles of the UN Global Compact, which the company adopted in 2002.
Jose Luis Cobas