Related themes: Transaction and Responsible Investment Services, Permitting and Energy Transition
Client: VARO Energy Netherlands B.V.
TAUW contact person:
VARO Energy is aiming to become a leading producer of biogas in Europe. As part of their strategy, the company set out to acquire Bio Energy Coevorden BV (BEC) in the Netherlands. BEC has built a successful state-of-the-art industrial biogas facility. Ultimately, VARO plans to develop the largest biogas manufacturing facility in Northern Europe by 2026. After the expansion, the site will be among the 3 largest biogas facilities in Europe.
TAUW was asked to provide in-depth Environmental and Permitting Due Diligence services on behalf of VARO.
On 12 January 2023, VARO Energy Group (‘VARO’) announced the acquisition of 80% of the shares in BEC in the Netherlands.
TAUW delivered a solid substantiation of environmental conditions to support VARO’s decision to acquire BEC’s share package with the aim of growing into one of Europe’s leading bio-gas producers.
"Our experience with TAUW was excellent. Despite the complexity of our business case, the team provided valuable support across multiple disciplines and countries through a single point of contact. We were impressed by the high level of professionalism and expertise displayed by TAUW's consultants, who worked tirelessly to ensure our success. We look forward to partnering with them again in the future", Fritz Ullrich - Varo Energy