GSK Stockmann advised European biogas developer, owner and operator Andion CH4 Renewables (“Andion”) as lead Luxembourg counsel in connection with a combined EUR 67 million debt financing to support the development of a short-term project pipeline in Italy and the Nordic region. The financing has been provided by Goldman Sachs Alternatives (Private Credit) and is part of Andion’s strategic mission to become a large European biomethane operator. The current shareholders of Andion have made an equity contribution led by Equitix.
The European biogas market is entering a period of accelerated growth, driven by energy security priorities, REPowerEU objectives, and Europe’s Fit for 55 climate targets. Across Italy and Northern Europe, biogas and biomethane are increasingly recognised as critical energy infrastructure, enabling the circular use of organic waste while delivering dispatchable, locally produced renewable gas for industry, transport, and power. In addition to replacing fossil fuels, biogas plays a vital role in reducing greenhouse gas emissions by capturing methane from organic waste streams and converting it into usable energy, delivering immediate and measurable carbon-reduction benefits. As a result, engineered biogas assets are emerging as a resilient, long-term investment class that supports Europe’s transition to a low-carbon, resource-efficient energy system, while contributing to climate mitigation, energy independence, and sustainable waste management at scale.
Andion CH4 Renewables is a European biogas company that develops, designs, builds, operates, and owns renewable energy infrastructure converting organic waste into biogas and biomethane. Operating across Italy and Northern Europe, Andion delivers engineered solutions that reduce greenhouse gas emissions by replacing fossil energy and preventing the release of methane from waste, one of the most potent climate pollutants.
The GSK Stockmann team from Luxembourg, co-led by Anna Gassner and Valerio Scollo, was in charge of all implied steps in relation to the different stages of financings; the transaction was particularly complex due to the cross-border implications.
Legal advisers of Andion CH4 Renewables:
GSK Stockmann (Luxembourg law):
Corporate | M&A: Anna Gassner (Lead Partner), Etienne Weryha (Senior Associate), Mathilde Chapel (Associate)
Banking, Finance and Capital Markets: Valerio Scollo (Lead Partner), Angela Permunian (Associate), Ouiam Romieux (Associate)
Tax: Maximilan Hangler-Garulo (Counsel | Tax)
Other legal advisers:
De Berti Jacchia Franchini Forlani (Italian law); Cirio (Swedish law); Bennett Jones (Canadian law); Burges Salmon (English law); Quadra Rechtsanwälte (Swiss law)
