Published 29.09.2025
Photo: Paweł Krzan
September 26, 2025 – The investment fund HitecVision finalized the acquisition of a 50% stake in Polska Grupa Biogazowa (PGB) from TotalEnergies. As a result, PGB, the biogas leader in Poland, became a joint venture equally owned by TotalEnergies and HitecVision.
PGB was founded in 2007 and is the leading biogas producer in Poland. Its portfolio consists of 21 operational biogas units with an annual electricity and heat production capacity of 500 GWh (biomethane equivalent). The company was acquired by TotalEnergies in 2023.
The sale of a 50% stake to HitecVision is part of the TotalEnergies farm-down strategy, which involves the partial sale of renewable assets to investment partners. HitecVision brings capital and experience in scaling energy companies, with experience from the biogas and biomethane industry. This will enable the joint venture to achieve its strategic goal of increasing installed capacity to 2 TWh/y by 2030.
” I am delighted of this significant milestone that will allow PGB to realize our plans to increase energy production. Combining the experience of a global leader in energy transition with the capital and know-how of one of Europe’s leading renewable energy investors will significantly accelerate the development of our biogas and biomethane projects in Poland.“ – said Łukasz Semeniuk, President of Polska Grupa Biogazowa.
About PGB
Polska Grupa Biogazowa (PGB) is the largest producer of electricity and heat from biogas in Poland, holding a 15% market share. PGB employs 200 people and operates 21 assets across the country. The company converts waste into electricity and heat through cogeneration and into a biologically valuable fertilizer. PGB’s annual production capacity exceeds 0.5 TWh of biomethane equivalent — enough to power more than 90,000 households.
PGB aims to reach a production level of 2 TWh by 2030, while simultaneously expanding its operations to the purification of biogas as to inject biomethane into the gas grid. The implementation of these plans will represent a significant contribution to the development of Poland’s renewable energy sector and the decarbonization of heat and power sources.
Founded in 2007, PGB has been part of TotalEnergies since 2023 and is a joint venture equally owned by TotalEnergies and HitecVision since 2025, combining the experience of a global leader in energy transition with the capital and know-how of one of Europe’s leading renewable energy investors.
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
TotalEnergies and Biogas
A major player in the sector in France with now more than 800 GWh of biogas production capacity, TotalEnergies aims to continue its growth in Poland and the United States by partnering with leading companies, including Vanguard Renewables and Clean Energy in the United States. The Company is present across the entire value chain, from project development to the commercialization of this renewable gas and its by-products (biofertilizers, bioCO2). It aims for a gross capacity of 10 TWh equivalent biomethane per year by 2030 – equivalent to the average annual consumption of 2 million inhabitants and a reduction of CO2 emissions by 2 million tons.
