St1 Biokraft expands into Denmark with Danish Bio Commodities acquisition

Nordic biomethane producer St1 Biokraft has signed an agreement to acquire Danish Bio Commodities (DBC), adding more than 350 GWh of production capacity and around 900 GWh in the development pipeline as it enters one of Europe’s most established biomethane markets.

The deal includes four wholly owned production assets and a 25% stake in a fifth, alongside a six-project greenfield development pipeline. DBC also brings commercial capabilities in biomass sourcing, certificate trading and technical services.

Miika Johansson, chief executive of St1 Biokraft, said the acquisition marked an important step in building the company into the leading biomethane producer in the Nordics. ‘DBC brings an established local platform with an experienced team and Danish market expertise. Combined with our existing operations, this strengthens our ability to scale production, broaden our customer offering and continue our growth in Denmark,’ he said.

Rune Ledgaard Sørensen, chief executive of DBC, said the transaction created good opportunities to develop the business further and build on established capabilities.

St1 Biokraft currently operates 12 production and upgrading facilities in Sweden and Norway, targeting approximately 750 GWh of production in 2026, and has two facilities under construction in Finland through its Suomen Lantakaasu joint venture. The company also owns more than 70 refuelling stations and bus depots.

The acquisition supports St1 Biokraft’s long-term target of 3 TWh of own biomethane production and 6 TWh of biomethane sales by 2030. Completion remains subject to regulatory approval.