CVC’s infrastructure platform, CVC DIF, agreed to acquire a 49% stake in BALANCE Erneuerbare Energien, the biogas subsidiary of German gas supplier VNG AG. 

The transaction, executed through the DIF Infrastructure VII fund, will support the further expansion of BALANCE’s renewable energy operations.

Founded in 2006 and headquartered in Germany, BALANCE is one of the country’s leading biogas plant operators. The company manages 42 facilities across Northern and Eastern Germany with a combined rated thermal output of approximately 197 MW. Its operations deliver green energy to over 180,000 households annually. Learn more about mergers and acquisitions in the DACH area by joining the DACH Private Equity Conference in Munich. 

Biogas is increasingly recognised as a critical part of the renewable energy mix, offering flexible, weather-independent production that can complement intermittent energy sources such as wind and solar.

The strategic partnership with CVC DIF is expected to accelerate BALANCE’s growth, further strengthening its role in Germany’s energy transition. The deal remains subject to clearance by antitrust authorities.

CVC DIF’s investment highlights the growing appetite among private capital for scalable, infrastructure-linked energy assets that contribute to decarbonisation goals.