Transaction closed for 45% equity stake in Molgas Energy

Titan Energy Holding has taken a 45% equity stake in Molgas Energy.

Molgas, boasting over two decades of experience in the energy service sector, specializes in small-scale downstream LNG and Renewable Gas supply and distribution in Western Europe. Titan is an independent supplier of liquified biomethane (LBM/bio-LNG) and LNG to the maritime and industrial sectors and operates a diverse fleet of small-scale LBM/LNG supply vessels globally. Titan, involved in constructing the world's largest LBM liquefaction plant in the Port of Amsterdam, aims to produce over 100,000 tonnes of LBM annually.

This strategic investment in Titan aligns with Molgas' objective to expedite the global adoption of alternative fuels, particularly LBM, in the maritime sector, complementing Molgas' efforts in expanding alternative fuel supply networks across Europe and beyond.