KERIDIS BioÉnergie

What KERIDIS BioÉnergie does

KERIDIS BioÉnergie is a Quebec-based private joint venture founded in 2014 between French biomethanation specialist Groupe KEON and Viridis environnement (majority-owned by Sollio Agriculture Cooperative Group). The company develops, co-invests in, and operates anaerobic digestion (biomethanation) plants that convert agricultural, food-processing, and industrial organic residues into two end products: renewable natural gas (RNG / GNR) for injection into gas distribution networks, and biofertilizer (digestate) for agricultural use. Its technology is the standard wet anaerobic digestion process, with operational know-how imported from KEON's 15+ years of European project experience.

The business model is built on three revenue pillars: (i) co-development services (feasibility studies, business plans, project management) typically contracted with farmers, industrial partners, and municipalities; (ii) co-investment services (legal structuring, financial structuring, equity capital contributions) alongside public and private partners including the Quebec government's PSPGNR program; and (iii) site operations and maintenance under multi-year management contracts. RNG and digestate sales represent downstream recurring revenue once commissioned plants reach steady-state operation.

KERIDIS currently targets the agricultural and agro-industrial verticals in Quebec, with stated ambitions to scale to more than a dozen projects across Canada. Active engagements include the $40M+ Bécancour project with Technigaz, the $36M Montérégie project (February 2025), and the GPK BioÉnergie plant at Ange-Gardien backed by $15M in provincial funding. In October 2025, Fonds de solidarité FTQ took an equity stake as the first institutional investor, validating the platform for further regional-scale plant rollout.

Name

KERIDIS BioÉnergie

Legal name

KERIDIS BioÉnergie

Website

https://keridis.ca

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

KERIDIS BioÉnergie is a Quebec-based joint venture that develops, co-invests in, and operates anaerobic digestion plants producing renewable natural gas and biofertilizer from agricultural, food, and industrial organic residues, serving farmers, agro-industry, and municipalities across Quebec and Canada.

Ownership category

akta.pro rank

Product category

Renewable Energy / Biomethanization

NAICS

Nitrogenous Fertilizer Manufacturing (325311), Biomass Electric Power Generation (221117)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Biogas/RNG Plant Development, EPC & Project Delivery (EUAAAEAH)

akta.pro secondary industries

Anaerobic Digestion (AD) & Biogas/RNG Production (Organics Feedstocks) (BPALAEAC), Bio-based Fertilizers, Soil Amendments & Biostimulants (Digestate-derived, biochar-based inputs) (EUAAAIAH)

Keywords

• Anaerobic digestion plants
• Renewable natural gas
• Biomethanization projects
• Biofertilizer production
• Biogas development

Headquarters

HQ city

Mont-saint-hilaire

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Biomethanation Plant Development Services: Co-development and co-investment in biomethanation projects including feasibility studies, business planning, project management, legal structuring, financial structuring, and capital contributions. Revenue generated through development fees, equity returns, and project success milestones.
2. Site Operations & Maintenance: Operation and maintenance of biomethanization sites leveraging the KEON Group's 15+ years of expertise. Revenue from ongoing operational management fees and performance-based contracts.
3. Renewable Natural Gas (RNG) Sales: Production and sale of renewable natural gas (GNR) generated from anaerobic digestion. RNG is sold to gas distributors and energy buyers.
4. Biofertilizer (Digestate) Sales: Production of digestate biofertilizer from the anaerobic digestion process, sold or provided to agricultural partners for soil fertilization.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

KERIDIS BioÉnergie develops, invests in, and operates anaerobic digestion (biomethanization) plants that convert agricultural, food, and industrial organic residues into renewable natural gas (RNG) and biofertilizer (digestate). The company delivers a 360-degree service offering spanning co-development (feasibility studies, business plans, project management), co-investment (legal and financial structuring, capital contributions), and site operations and maintenance, primarily serving Quebec and broader Canadian markets.

Product overview

KERIDIS BioÉnergie operates as a developer, investor, and operator specializing in the co-development and co-investment of anaerobic digestion (biométhanisation) projects. The company's service portfolio comprises three interconnected pillars: Co-Development Services (feasibility studies, business plans, project management), Co-Investment Services (legal and financial structuring, capital contributions), and Site Operations & Maintenance (plant management and maintenance). The company produces two primary end products: Renewable Natural Gas (RNG/Gaz Naturel Renouvelable) generated through anaerobic digestion and injected into gas networks, and Biofertilizer (Digestat) derived from the digestion process for agricultural use. Projects focus on agricultural and agro-industrial biogas plants, with the company leveraging over 10 years of combined experience from its founding shareholders.

Differentiator

Problem solved

Functional benefit

Products and services

• Co-Development Services

Quantifiable outcome

• GHG reduction: agricultural sector accounts for close to 10% of total GHG emissions in Canada
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core, major and supporting.

• Ferme du Grenier GardangeoiscoreStrategic or Co-development Partner · 1 December 2023Partnership for the development of an on-farm biomethanization project in Ange-Gardien. The project involves converting agricultural residues into RNG and digestate. Also involves Prorec Inc in the partnership.
• TechnigazcoreStrategic or Co-development Partner · 1 June 2023Partnership for the development of a biomethanization project in the Bécancour region. The project represents an investment of over $40 million.
• Groupe KEONcoreStrategic or Co-development PartnerFrench parent company and joint venture partner providing expertise in biomethanation plant engineering, construction, and operations. KEON Group has 15+ years of experience and a team of approximately 100 employees. Brings technical knowledge and international best practices to Keridis BioÉnergie.
• Viridis environnementcoreStrategic or Co-development PartnerQuebec joint venture partner, Quebec's leading manager of fertilizing residual materials. Provides secure feedstock supply through network of 700 agricultural businesses and 125 generator customers. Majority owned by Sollio Agriculture cooperative group.
• Sollio AgriculturemajorStrategic or Co-development PartnerCooperative agricultural group and majority shareholder of Viridis environnement. Provides access to extensive agricultural network across Quebec, facilitating feedstock supply and digestate distribution partnerships.
• Prorec IncsupportingStrategic or Co-development PartnerPartner in the Grenier Gardangeois farm biomethanization project at Ange-Gardien, working alongside Keridis and the farm.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Enerkem: Quebec-based waste-to-biofuels company developing facilities that convert non-recyclable waste into renewable fuels and chemicals; same Quebec geography and waste-to-energy model, though uses gasification rather than AD.
• Bright Biomethane: European supplier of biomethane upgrading and AD plant technology used in the same value chain; comparable technology stack for biomethane production from agricultural and organic waste.
• Waga Energy: France-headquartered RNG specialist developing landfill-gas-to-RNG projects globally; highly comparable technology platform and project development motion as Keridis.
• StormFisher Environmental: Canadian renewable natural gas developer building and operating anaerobic digestion facilities converting organic waste into RNG and digestate; directly comparable business model and agricultural/industrial feedstock strategy.
• EverGen Infrastructure Corp. Canadian renewable natural gas infrastructure platform owning and operating RNG facilities across multiple provinces; competes for the same agricultural feedstock and RNG offtake agreements.

Broad incumbents

• Veolia (Environmental Services): Global environmental services and waste management group with organic waste valorization and biogas operations; comparable in feedstock handling and anaerobic digestion but operates at much larger scale.
• ATCO Ltd. (Energy & Infrastructure): Diversified Canadian energy and infrastructure operator with renewable and clean-fuel initiatives; overlapping capability in clean energy project development but operates across a much broader portfolio.
• ENGIE (Green / Biomethane): French multinational utility and renewable energy developer with a dedicated biomethane division; significant overlap with Keridis on anaerobic digestion and biomethane project development in France and abroad.

Regional players

• Bioénergie La Tuque: Quebec wood-biomass-to-energy developer in the Mauricie region; comparable Quebec-based bioenergy project developer serving municipal/community customers.

Emerging players

• Element Energy (RNG): Emerging Canadian RNG project developer focused on dairy and agricultural manure-based AD facilities; directly comparable niche use-case and feedstock basis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/keridis-bio%C3%A9nergie

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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 KERIDIS BioÉnergie