Dentons advises FIEE on investment in Naturmet
Dentons has advised FIEE SGR, the Italian private equity firm specialising in energy transition, on its acquisition of a majority stake in Naturmet, a Spanish company specialised in the development and operation of biomethane production plants. The deal, carried out through FIEE’s Energy Transition Fund III, involved a €30 million capital increase, with an additional €10 million earmarked for future growth.
The investment will support Naturmet’s pipeline of renewable gas projects across Spain, including operational assets in Soria, construction-stage plants in Navarra and Extremadura, and further developments planned for 2026 and beyond. ABE Capital remains in the company as a minority shareholder. The transaction marks FIEE’s second investment in the Spanish market and aligns with its strategy to support the energy transition through renewable gas infrastructure.
The Dentons team was led by Javier Moya (pictured), public law and energy regulatory partner, with the participation of Jesús Durán, corporate partner, Fermín Garbayo, energy partner, counsel Jorge Carmona, and associates Nora Pallaruelo, Carmen Abdo and Eugenia Hernández-Antolín.