The European Investment Fund (EIF), part of the EIB Group, on Thursday (21 May) said it has committed EUR 200 million (USD 233 million) to Copenhagen Infrastructure Partners’ (CIP) Advanced Bioenergy Fund II (ABF II), focused on scaling biomethane and advanced bioenergy production across Europe to help advance the energy transition as well as energy security. Copenhagen Infrastructure Partners is one of the world’s largest fund managers dedicated to clean energy infrastructure. ABF II will invest primarily in the development, construction and operation of new industrial-scale biogas plants using anaerobic digestion technology. The projects will convert feedstock such as manure and other agricultural waste into biomethane that can help decarbonise sectors including industry and maritime transport. The strategy focuses mainly on greenfield projects in countries including Denmark, Ireland, Spain, Belgium, and Finland. “By supporting the development of new biogas projects across Europe, we are helping increase domestic renewable energy production, strengthen energy security and accelerate the green transition.” Building on the success of the first Advanced Bioenergy Fund (ABF I), the launch of ABF II marks the next phase in scaling biogas and biomethane infrastructure across Europe, reflecting growing investor support for advanced bioenergy as a key enabler of Europe’s energy transition, energy security and decarbonisation goals. With a target size of EUR 1.5 billion, the fund is expected to make a significant contribution to Europe’s renewable energy production and support the transition away from imported fossil fuels. The fund has successfully brought together a broad mix of public and private capital, reflecting strong demand from institutional investors, and contributing to the EU policy objective of building up a more robust and integrated capital market in the EU. The fund will benefit from a differentiated pipeline of new bioenergy projects that are ready to be