Terms
- Not ranked
- Announced, not closed
- Announced
- 17 Apr 2024
- Instrument
- Grants
- Amount
- UndisclosedReported as DKK 27,937,500 per year, 2026 to 2032
- Source
- ens.dk
Parties
- Project developer
- Bioman ApS
- Recipient type
- Grant recipient
- Country
- Denmark
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Danish Energy Agency Investor Not credited Not ranked
Carbon
- Pathway
- BECCS
What happened
- DKK 1,117.50 a tonne for 25,000 tonnes of biogenic CO2 a year, paid only once the company documents that the CO2 has been permanently stored. Contingent revenue support, not capital advanced. Other winners in the same round were BioCirc CO2 ApS and Carbon Capture Scotland.
Kumo note
- Denmark’s second NECCS tender paid nothing at signing. The award is an earned price per tonne released only once the CO2 is documented as permanently stored, so the headline figure is revenue support rather than capital.
Know more about this transaction?
Not yet known: deal size.
Tell us what is missing or wrong, and where you read it.
Next step
Capital Connections
Meet the other side of deals like these.
Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.
Get started
Free to explore. No card required.
Terminal
Compare the transactions behind these figures.
Pricing, structures and comparables across Kumo's carbon finance dataset.
Explore the Terminal