Key Takeaways
- • Energy Supply, the Lundsby biogas company, went bankrupt, leaving debts of approximately EUR 23m, according to EnergyWatch reporting on October 26, 2026.
- • Energy Supply attributes the collapse to a loss-making project in Finland.
- • The company also posted combined losses of DKK 70m (about EUR 9.4m) over the past two years.
- • A related EnergyWatch article reports that the bankrupt biogas company was later rescued by a private equity firm and CIP, and that a new owner plans to change Lundsby's course, citing an unwillingness to take the same risks in the new setup.
Summary
EnergyWatch reported on 26 October 2026 that the bankruptcy of Lundsby leaves the company with debts of EUR 23m. The article, written by Daniel Logan Berg-Munch, attributes the collapse to Energy Supply, which points to a loss-making project in Finland as the main driver. Energy Supply also cites two years of combined losses totaling DKK 70m (EUR 9.4m) as contributing to the financial position that led to the insolvency.
The primary article is available to subscribers only, so the full set of details, including any quotes from management or creditors, could not be confirmed from the available text. The story is listed among EnergyWatch's Oil & Gas coverage and is tied to the broader biogas sector, where Lundsby operates.
Related EnergyWatch coverage indicates that the bankrupt biogas company was subsequently rescued by a private equity firm together with CIP. A separate related headline notes that the new owner intends to change the company's course, stating, "We can't take that kind of risk in the new setup." This suggests a shift away from the higher-risk project activity that contributed to the earlier losses, though the specifics of the new strategy are not detailed in the available material.
The primary article is available to subscribers only, so the full set of details, including any quotes from management or creditors, could not be confirmed from the available text. The story is listed among EnergyWatch's Oil & Gas coverage and is tied to the broader biogas sector, where Lundsby operates.
Related EnergyWatch coverage indicates that the bankrupt biogas company was subsequently rescued by a private equity firm together with CIP. A separate related headline notes that the new owner intends to change the company's course, stating, "We can't take that kind of risk in the new setup." This suggests a shift away from the higher-risk project activity that contributed to the earlier losses, though the specifics of the new strategy are not detailed in the available material.
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