CVC DIF, the infrastructure strategy of a global private markets manager CVC, has agreed to acquire 49% of BALANCE Erneuerbare Energien (BALANCE), the biogas subsidiary of Leipzig-based gas company VNG AG (VNG).

This investment, made through the DIF Infrastructure VII fund, aims to support BALANCE's ongoing growth. BALANCE operates 42 biogas facilities in Northern and Eastern Germany, with a total installed rated thermal output of approximately 197 MW, supplying green energy to over 180,000 households annually. Biogas plays a crucial role in decentralized energy systems, offering a reliable and storable energy source that complements other renewable energies like wind and solar.

The completion of the transaction is subject to approval by the relevant antitrust authorities.