Elevion buys Italy's BTS Biogas to expand in biomethane

What's the deal? Elevion GroupDealroom has a profile for this one. Try Dealroom → has signed an agreement to acquire a 100% stake in Italian company BTS Biogas. The move strengthens Elevion's position in the biogas and biomethane plant sector. Elevion Group is part of Czech utility CEZ, which disclosed the transaction in a regulatory filing on July 12, 2026.

What's the endgame? BTS Biogas builds and operates biogas and biomethane plants. Full ownership gives Elevion direct capacity in a segment tied to Europe's push to replace fossil gas with renewable alternatives.

The signal: The deal deepens CEZ's exposure to renewable energy services beyond its core power business, as European utilities move to consolidate in the growing biomethane market.

Read more: stockwatch.pl