Private equity firm Ara Partners has partnered with Laurence Molke to create the biomethane platform CycleØ through the acquisition of FNX Liquid Natural Gas.

CycleØ, led by Mr. Molke as CEO, provides proprietary technologies designed to capture, process, and upgrade naturally occurring methane gas produced principally by the agri-food and livestock industries. CycleØ is actively developing and operating biomethane projects across Europe.

Ara Partners is a private equity firm specializing in industrial decarbonization investments and invests in the industrial & manufacturing, chemicals & materials, and food & agriculture sectors. FNX has been a provider of renewable energy services since 2015 and has extensive experience in biogas capture and conversion.

Mr. Molke stated: “At this critical juncture in battling climate change, the efficient capture and productive use of biomethane are amongst the most effective ways to create a reliable, sustainable, and green energy resource and directly reduce the polluting greenhouse gases that are damaging our planet. Ara’s sole strategic investment focus on decarbonization and its expertise in supporting high growth companies make them a uniquely valuable partner as we rapidly scale our team and our level of activity across Europe.”