BERQ RNG, an Ontario-based company in the renewable natural gas sector, recently signed a funding agreement with Suske Capital Inc.. Under the terms of the agreement, the two companies collaborate in the development of renewable natural gas projects.
The worldwide market for biogas expected to reach $35 billion in the next 5 years. In North America, there are only 2,000 sites producing biogas, compared to over 10,000 sites in Europe. North America has substantial future potential in the renewable natural gas space, as biogas flaring is a significant source of GHG emissions, and an opportunity exists to capture and condition this valuable resource.
BERQ RNG is positioning itself to be an important niche player in the North American RNG market. The company will have the ability to finance, design, build, and operate RNG systems.
The President and Chief Development Officers of BERQ RNG, Bas Van Berkel, has 20 years experience in developing infrastructure and energy projects including being a founder of StormFisher Environmental Ltd. He has a M.Sc. in civil engineering and a MBA from the Richard Ivey School of Business at Western University.
Suske Capital Inc. is a Canadian boutique private equity firm that invests in real estate, finance, emerging technology, alternative energy and healthcare. Suske’s Capital’s main business is the developing and operating senior housing. The key focus of Suske Capital is value creation and the company has developed a reputation for earning industry-leading returns for its co-investment partners. The company takes an active-ownership approach by investing its own time, money and expertise to grow its portfolio companies.