# European Energy acquires 51% majority stake in Ammongas

European Energy acquired a 51% majority stake in Ammongas, a Danish biogas upgrading and carbon capture company, to combine competencies and financial resources for growth in biogas and carbon capture markets.

- Type: Acquisition
- Announced: 2022-07-01
- Where: Søborg, Denmark, Denmark
- Status: completed
- Products: biogas upgrading, carbon capture, CO2 liquefaction, biomethane polishing
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [European Energy](https://endata.com/companies/63881.md) (acquirer)
- [Ammongas](https://endata.com/companies/63882.md) (target)

## Sources

- [ammongas.europeanenergy.com](https://ammongas.europeanenergy.com/2022/07/01/ammongas-welcomes-renewable-energy-developer-european-energy-as-new-majority-owner/), 2022-07-01: "In Ammongas, we are facing a rapidly growing market, both within our traditional business area with biogas upgrades and the rapidly growing area with Carbon Capture."

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