Anaerobic Holding

What Anaerobic Holding does

Anaerobic Holding SIA is a Latvian renewable energy and integrated agricultural operator headquartered in Iecava, structured as a private limited liability company (SIA) owned by the BaltCap Infrastructure Fund (BInF), a €100 million, 20-year Baltic infrastructure vehicle. Through four operating subsidiaries — BM Holding SIA, SIA Agro Iecava, SIA RZS Energo, and SIA AD Biogāzes stacija — the company runs a vertically integrated platform spanning agricultural feedstock production, biogas and biomethane generation, solar power generation, and now biomethane transport and zero-emission transport assets.

The core technology stack centers on three biogas stations commissioned in 2011 — Latvall-Jaunlūči (1.95 MW), Lāses (0.998 MW), and Skaista (1.96 MW) — with combined electrical capacity of 4.908 MW, processing roughly 150,000 tons per year of biological waste, manure, sewage sludge, and distilling dregs into electricity and heat. Adjacent renewable assets include three solar power stations commissioned in 2024 (2.799 MW inverter / 3.717 MW panel capacity, ~3,263 MWh/year, 80% self-consumed) and a new biomethane transport complex at the Mazās Druvas site targeting 16,000 MWh/year of biomethane distribution. Feedstock supply is secured via 2,500 hectares of owned farmland (~2,000 ha near Iecava, ~1,100 ha near Daugavpils) producing rapeseed, wheat, rye, oats, peas, beans, grass, and corn.

The business model is direct B2B and B2G sales of energy commodities with no publicly disclosed pricing: electricity is sold to the Latvian grid, heat is supplied under a municipal district-heating contract to Iecava and to greenhouse and farm complexes, biomethane/bio-CNG is sold to transport operators via the new distribution infrastructure, and agricultural output (notably corn) is sold directly to livestock farmers. The company employs 40+ people across Latvia's Zemgale and Latgale regions, reported €4,766,877 in turnover against a €9,011,700 valuation in 2021 (Lursoft/Capitalia ranking), and operates under multiple VID Bronze-level compliance certifications across its subsidiaries.

Name

Anaerobic Holding

Legal name

Anaerobic holding SIA

Website

https://anaerobic.lv

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Anaerobic Holding SIA is a Latvian vertically integrated renewable energy and agricultural operator that runs three biogas stations (4.908 MW), three solar stations (3.717 MW), and 2,500 ha of farmland, supplying electricity, district heating, biomethane, and feed crops to municipalities, grid, transport operators, and livestock farmers.

Ownership category

akta.pro rank

Product category

Biogas and Biomethane Production

NAICS

Biomass Electric Power Generation (221117), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991), Agricultural Production-Crops (100), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Anaerobic Digestion (AD) & Biogas/RNG Production (Organics Feedstocks) (BPALAEAC)

akta.pro secondary industries

Food Waste-to-Energy (Organic Waste AD & Thermal) (EUACAIAH), RNG Liquefaction & Compression (Bio-LNG, Bio-CNG) (EUAAAEAF), Biogas/RNG Plant Development, EPC & Project Delivery (EUAAAEAH), Digestate Processing, Nutrient Recovery & Fertilizer Products (Struvite, Ammonia, Compost) (EUAAAEAL)

Keywords

• Biogas production
• Biomethane manufacturing
• Renewable energy
• Anaerobic digestion
• Agricultural operations

Headquarters

HQ city

Iecava

HQ country

Latvia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Biomethane and Bio-CNG Production: Production and sale of biomethane for transport sector. The company is the leading biomethane producer in Latvia. Includes recent acquisition of biomethane transport complex for distributing biomethane to customers.
2. Electricity Generation from Biogas: Three biogas stations with combined electrical capacity of 4.908 MW generating electricity sold to the grid. Heat produced is used for district heating (Iecava city) and farm/sl greenhouse heating.
3. Solar Energy Generation: Three solar power stations with 3.717 MW panel capacity generating electricity, with 80% self-consumption for company operations and remainder to grid.
4. Agricultural Production: Farming operations on 2,500 ha of agricultural land producing rapeseed, wheat, rye, oats, peas, beans, grass, and corn. Corn sold to biogas plants for energy production and to livestock farmers.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Anaerobic Holding operates three biogas stations with a combined electrical capacity of 4.908 MW (Latvall-Jaunlūči, Lāses, Skaista) that convert biological waste, manure, sewage sludge, bird droppings, slurry and distilling dregs into renewable electricity and heat, plus three solar power stations (2.799 MW inverter / 3.717 MW panel) generating ~3,263.73 MWh/year. The group is the leading biomethane and bio-CNG producer in Latvia and also farms 2,500 ha producing crops used both as biogas feedstock and for sale to livestock farmers.

Product overview

Anaerobic Holding operates an integrated renewable energy and agricultural operation in Latvia. The company serves as the leading biomethane and bio-CNG producer in the country, operating three biogas stations (Latvall-Jaunlūči, Lāses, and Skaista) with combined electrical capacity of approximately 4.9 MW. Supporting its biogas operations, the company farms 2,500 hectares of agricultural land producing feedstock crops. The portfolio also includes three solar power stations (2.799 MW inverter/3.717 MW panel capacity) and agricultural operations for corn and other crops. Recent expansion includes biomethane transportation infrastructure and electric vehicle adoption.

Differentiator

Problem solved

Functional benefit

Products and services

• Biogas stations (Latvall-Jaunlūči, Lāses, Skaista) Three anaerobic-digestion biogas stations with combined 4.908 MW electrical capacity (Latvall-Jaunlūči 1.95 MW, Lāses 0.998 MW, Skaista 1.96 MW) that convert biological waste, manure, sewage sludge, bird droppings, slurry and distilling dregs into renewable electricity and heat. Electricity is sold to the grid; heat is supplied to Iecava city district heating, to a farm complex and wood drying at Lāses, and to greenhouse heating and timber drying at Skaista. Customers are utilities (grid), municipalities (heat) and industrial/greenhouse operators (heat).
• Biomethane / Bio-CNG Upgraded biomethane and bio-CNG produced from the group's biogas output, sold as a renewable transport fuel to transport operators seeking zero-emission fuel. Distribution is supported by the new biomethane transport complex acquired at the Mazās Druvas facility.
• Solar power stations Three solar power stations with 2.799 MW inverter capacity and 3.717 MW panel capacity generating approximately 3,263.73 MWh/year, with at least 80% allocated to self-consumption by BM Holding and the remainder exported to the grid.
• Agricultural operations (crop farming) Farming operations on ~2,500 ha of agricultural land (2,000 ha near Iecava, 1,100 ha near Daugavpils) producing rapeseed, wheat, rye, oats, peas, beans, grass and corn. Corn is used as feedstock for the group's biogas stations and sold directly to livestock farmers.

Quantifiable outcome

• Leading biomethane producer in Latvia
• +5 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor.

• Agricon BalticminorStrategic or Co-development PartnerPartner in Agronomist Breakfast educational program, providing expertise on variable rate fertilization technologies including Atfarm platform.
• Yara LatvijaminorStrategic or Co-development PartnerAgricultural nutrition company participating in Agronomist Breakfast program providing expertise on nitrogen fertilization for crops.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Scandinavian Biogas: Sweden-listed producer of liquefied biogas (LBG) from organic waste for the transport sector. Directly comparable as a Nordic biomethane producer serving transport off-takers, with similar feedstock profile (agricultural/manure waste).
• Verbio: Germany-based producer of biomethane, bioethanol and biodiesel, operating large-scale anaerobic digestion facilities. Directly comparable as a vertically integrated agricultural-waste-to-biomethane operator with downstream fuel distribution.
• Nature Energy: Denmark-based operator of large-scale biogas plants upgrading biogas to biomethane for grid injection and transport. Comparable business model (AD of organic waste → biomethane) and customer segments (industrial users, transport).
• Future Biogas: UK-based independent operator of multiple anaerobic digestion plants producing biomethane injected into the gas grid and for transport. Directly comparable as a multi-site AD/biomethane operator with agricultural feedstock.
• Gasum: Finnish energy company producing and distributing biogas and LNG for road, maritime and industrial customers across the Nordics. Comparable as an integrated biomethane producer-distributor with B2G/B2B energy offtake.

Emerging players

• Biolectric: Belgium-based small-scale anaerobic digestion specialist focused on farm-level biogas-to-electricity units. Partial overlap with Anaerobic Holding's AD-from-manure segment, though Anaerobic Holding operates at materially larger scale.

Broad incumbents

• PlanET Biogas: German AD plant engineering, construction and operation company serving hundreds of biogas installations across Europe. Adjacent comparable — same underlying AD technology and feedstocks, but operating as an EPC/services provider rather than an integrated owner-operator.
• Strabag SE / Energy Division: Austrian/German construction and infrastructure group with renewable energy and biomethane-related operations. Comparable as a diversified infrastructure player active in the biogas/RNG space, though broader in scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/anaerobic-holding

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anaerobic Holding