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30 Mar 2026

Addleshaw Goddard Advises Mapfre on Launch of €100M "Bioenergy Agro Iberia" Biomethane Fund Targeting Spain and Portugal

"Addleshaw Goddard has advised Mapfre on the launch of its second biomethane fund, Bioenergy Agro Iberia, a vehicle targeting €100 million. Abante will act as manager and IAM Carbonzero as adviser. The fund will invest in a diversified portfolio of biomethane projects in Spain and Portugal and related activities (biofertiliser and biocompost management, logistics, and CO₂ production/commercialisation for greenhouses). The advising team was led by Isabel Rodríguez (Head of Funds), with Enrique Torné and Lara Taylor; the fund’s expanded geographic scope underlines the sponsors’ commitment to decarbonisation and sustainable energy infrastructure."

Addleshaw Goddard advised Mapfre (sponsor) on the transaction; the deal also involved Abante as manager and IAM Carbonzero as adviser. The transaction is the launch of Mapfre’s second biomethane fund, Bioenergy Agro Iberia, a vehicle targeting €100 million to invest in a diversified portfolio of biomethane projects in Spain and Portugal and in complementary activities such as biofertiliser and biocompost management, logistics, and the production and commercialisation of CO₂ for greenhouses; the fund expressly contemplates investing outside Spain, with a particular focus on Portugal. Advising lawyers from Addleshaw Goddard: Isabel Rodríguez — Partner and Head of Funds; Enrique Torné — Senior Associate; Lara Taylor — Associate.
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