Eren Industries and Actarus Launch €240M Green Gas Platform in Italy

Retina Biomethane signals a new industrial model for renewable gas—uniting waste valorisation, carbon capture, and regenerative agriculture

In a transformative transaction that quietly heralds a new chapter in European energy, Eren Industries and Actarus Renewables have joined forces to create Retina Biomethane—a vertically integrated biomethane platform backed by a €240 million capital stack and designed to lead Italy’s shift to renewable gas.

At the confluence of agriculture, decarbonisation, and infrastructure finance, the deal reveals the rising strategic value of biomethane in the race to reduce Europe’s dependence on fossil gas while managing agricultural waste and mitigating nitrate runoff.

For Eren, Retina is more than a transaction—it is a signal. Two years after divesting Total Eren to TotalEnergies, the industrial group co-founded by David Corchia and Pâris Mouratoglou is returning to energy markets not through solar or wind, but via the circular economy and biogenic molecules.

“This is not oppo…