BarentsKrans advised the founders of Sparkling Biomass on the sale of 75% of the shares in the capital of this company to private equity investor Primco. As a result a joint venture has been created between Primco and the founders.

Sparkling Biomass is in the process of building a bio-energy plant. The 15 MW plant’s main goal is to dry potato and carrot steam peelings and other waste flows from the food industry. It will also generate green electricity for the public electricity grid.

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