Biogas: TotalEnergies and HitecVision Partner to Pursue the Development of Polska Grupa Biogazowa in Poland
Summary
Founded in 2007 and acquired by TotalEnergies in 2023, PGB operates biogas production units that generate electricity and heat through cogeneration (CHP). The completion of the transaction is subject to obtaining applicable governmental and regulatory approvals.HitecVision is a Norwegian private equity firm and a leading provider of institutional capital to Europes energy industry. We have about EUR 9 billion in assets under management, and are headquartered in Stavanger, with offices and investment professionals in Oslo, London and Milan. TotalEnergies has been present in Poland since 1992 and currently engages in the production and sale of notably renewables and low carbon molecules, fuels, special fluids, additives, and bitumen. Information concerning risk factors, that may affect TotalEnergies financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorit\xe9 des March\xe9s Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).