# BaltCap Infrastructure Fund sells biomass CHP plant in Riga to Gren

BaltCap Infrastructure Fund signed an agreement to sell Energia Verde, which operates a biomass combined heat and power plant in the Riga region, to Gren, a Northern European district heating company.

- Type: Acquisition
- Announced: 2021-07-14
- Where: Riga region, Latvia
- Status: announced
- Capacity: 18 MW boiler and 3.98 MW steam turbine
- Products: electricity, heat
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [BaltCap Infrastructure Fund](https://endata.com/companies/56450.md)
- [Gren](https://endata.com/companies/56451.md) (acquirer)
- [Energia Verde](https://endata.com/companies/56452.md) (target)

## Sources

- [estvca.ee](https://www.estvca.ee/news/baltcap-infrastructure-fund-signs-agreement-to-sell-biomass-chp-in-riga-to-northern-european-district-heating-company-gren), 2021-07-14: "Over the last three years, Energia Verde has been the cheapest heat producer in the Riga district heating system."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.