Clearwater has advised the shareholders of bmp greengas on the sale of 100% of the share capital to Erdgas Suedwest.
bmp greengas, headquartered in Munich, Germany, is the market leading biomethane wholesaler and service provider in Germany. The company trades approximately 2 TWh of biomethane per year, accounting for 15-20% of the German biomethane market. bmp greengas is the partner of choice for reliable transport, trouble-free balancing and secure supply of biomethane.
Erdgas Suedwest, headquartered in Ettlingen, Germany, is a gas supplier, particularly active in south-west Germany. Besides supplying natural gas, the company has a clear focus on the production and trading of biogas. Erdgas Suedwest is owned by the German publicly traded electric utilities company Energie Baden-Württemberg and Zweckverband Oberschwaebische Elektrizitaetswerke, a consortium of nine regional districts in south-west Germany.