Mobius Renewables, a global vertically integrated low-carbon fuels platform established in December 2025 by funds managed by IFM Investors, has completed the acquisition of Air Liquide’s biogas production activities in the United States, France, Norway, and Sweden.
The acquired portfolio includes six operating landfill gas-to-RNG sites in the U.S., five operating farm waste sites in France, and a 51% interest in Redo Biosolutions with production and distribution assets across Norway and Sweden.
With this transaction, the establishment of Mobius Renewables is complete, and GreenGasUSA and the acquired portfolio will operate under one brand. Generating and distributing over 5.5 million MMBtu of renewable natural gas each year from landfill gas and anaerobic digestion, Mobius is now positioned to become a leading global producer of RNG. The company is headquartered in Houston, Texas with offices across the United States, France, Norway, and Sweden. IFM Investors manages assets under management of $183.1 billion as of March 2026.
KEY QUOTES:
“With this transaction, our teams can now focus on improving operations and investing in new projects as we set the foundation for future global growth. We remain partnership-focused and have an unparalleled position with the right expertise, the right capital, and the right mindset to unlock value for our partners while accelerating measurable progress toward their sustainability goals.”
Cynthia Walker, President and CEO, Mobius Renewables

