SWING Biomethane announces a new partnership with Dafo Ecoenergias to design, build and operate a portfolio of biomethane projects in Spain

PRESS RELEASE

Paris, France – 09 July 2024 – SWING Biomethane SAS, a European leading biomethane projects development platform, today announced a new partnership with Dafo Ecoenergias S.L. to create a joint development company to develop a portfolio of biomethane projects in Spain. The partnership is a significant step forward for the company and will help to accelerate the development of the biomethane market in Spain and contribute to a more sustainable and circular economy.

Spain has a significant potential for biomethane production, considering the large volumes of organic waste generated each year by its agricultural sector. The country has also set up ambitious targets for the development of its biomethane market and the Spanish Gas Association (Sedigas) estimates that biomethane could account for almost half of Spain’s natural gas consumption, therefore contributing to decarbonizing its economy and reducing its dependence to foreign gas supply.

We are excited to announce this partnership with Dafo Ecoenergias”, said Benoit Condoumi, CEO of SWING Biomethane. “Our mission is to help accelerate the energy transition by scaling up the production of biomethane from agricultural waste and livestock effluents and we are very enthusiastic to partner with Dafo Ecoenergias. We are confident that this partnership will be a success and that it will help us to achieve our goal of making biomethane a leading source of renewable energy in Spain, while also contributing to a more sustainable and circular economy”.

In addition to providing financial and technical resources, SWING Biomethane will also provide expertise in biomethane project development, design, construction and financing, which is essential to develop biomethane projects that are environmentally, technically and financially viable.

This partnership will provide us with the financial and technical resources we need to continue the development of a portfolio of biomethane projects in Spain. It will help us achieve our goal of making biomethane an important source of renewable energy in the country”, said José Antonio Fuertes, CEO of Dafo Ecoenergias. “Biomethane projects can help to revitalize rural communities by providing a new source of income for farmers, as well as local jobs. They can also help to improve the sustainability of our agriculture.

**About Dafo Ecoenergias**

Dafo Ecoenergias is a developer of biomethane projects with a current portfolio of 10 greenfield projects under early or mid-stage development in Spain, representing a potential production of more than 500 GWh/year. The company is committed to making biomethane a leading source of renewable energy in the country, while also fostering a more circular economy.

**About SWING Biomethane**

SWING Biomethane is a European biomethane projects development platform, incorporated in December 2022.