Alvus and the EIC Accelerator: Sold Weeks Into the Project
Alvus, a biomethane project developer at the NOI Techpark in Bolzano founded by Christof Erckert, proposed building biogas digesters from mechanically stabilised earth instead of steel or concrete. Its EIC application promised "55% CAPEX savings compared to traditional concrete digesters", up to 85% lower CO2 emissions and quicker construction, and said the grant would let it "develop, validate and commercialize a disruptive innovation, revolutionizing the entire biomethane market", according to CORDIS.
The European Innovation Council signed a grant of €2,500,000 towards a €4.06 million project in May 2023, to run from September 2023 to August 2025. On 12 October 2023 VORN Bioenergy GmbH acquired all of Alvus's shares. The project was terminated on 29 January 2024. The only report reads, in full: "No work carried out. Early termination by beneficiary due to acquisition of all participations of Alvus S.r.l. by VORN Bioenergy GmbH on 12th October 2023. Loss of SME status." VORN bought Alvus for its pipeline of more than ten biomethane projects in Italy, Bioenergy International reported.
Company file
- Legal entity
- Alvus S.r.l., Bolzano
- Founder
- Christof Erckert, former main shareholder
- Acquirer
- VORN Bioenergy GmbH, backed by Macquarie's Green Investment Group
- Acquisition date
- 12 October 2023, 100% of shares
- Pipeline
- 10+ biomethane projects, 500 to 1,000 sm3/h, two fully permitted
- EIC project
- 1 Sep 2023, terminated 29 Jan 2024
- EIC funding
- Blended finance
Where Alvus Stands Now
Alvus has been folded into VORN, whose Italian arm now develops and runs biomethane plants; alvus.it opens VORN Bioenergy's website. VORN itself was launched in February 2023 by Macquarie Asset Management's Green Investment Group after it bought BayWa r.e. Bioenergy, and at that point it was already working with Alvus on a 1,000 sm3/h plant in Ferrara, Macquarie said. In September 2026 VORN announced it had bought five biogas plants in northern Italy from Enerfarm. There is no public record of VORN building digesters from mechanically stabilised earth.
The record
Grant signed, company sold, project terminated
Alvus signed its EIC grant in May 2023. Six weeks after the project started, VORN Bioenergy bought all its shares, Alvus lost its SME status, and the project was terminated with no work carried out.
- 2019Alvus launchedBiomethane project developer, Bolzano
- Oct 2022EIC Accelerator cut-offAlvusblended finance
- Feb 2023VORN Bioenergy launchedMacquarie-backed; Ferrara project with Alvus
- May 2023EIC grant signed€4.06M project€2.50M grant
- Sep 2023EIC project startsPlanned to August 2025
- 12 Oct 2023AcquiredVORN buys 100% of Alvus
- 29 Jan 2024EIC project terminatedNo work carried out
CORDIS, Macquarie, Alto Adige Innovazione, Bioenergy International.
"After years of working in partnership with VORN, I am very pleased to hand over the Alvus Group into good hands."
Christof Erckert, founder, Alvus, October 2023The Idea: Earth Instead of Concrete
Alvus wanted to use mechanically stabilised earth to build larger digester volumes more cheaply and blend plants into farmland. The EIC funded its validation. Because no work was carried out, the claimed savings were never tested under the grant.
The promise
What earth-built digesters were supposed to save
Alvus's claims for digesters built from mechanically stabilised earth, compared with concrete. None was validated under the EIC project.
CORDIS project 190163360, fact sheet.
What the EIC Project Promised, and What CORDIS Shows
The EIC project
The signed budget: 62% EU money
The signed grant covered €2.5M of a €4.06M project. It was terminated after five months with no work carried out; CORDIS does not state whether any money was paid or recovered.
CORDIS project 190163360. Values in € millions.
Once Alvus became part of a larger group it lost its SME status, and the beneficiary ended the project. The acquisition followed less than five months after the grant was signed, Alto Adige Innovazione reported. Whether any pre-financing was paid and returned is not published.
- Develop MSE digesterMissedNo work carried out.
- Validate cost and CO2 claimsMissedProject terminated.
- CommercialiseMissedNot under the grant.
- Grant repaidUnverifiedNot published.
The Money
The purchase price was not disclosed. VORN said it wanted Alvus to exploit Italian recovery plan subsidies for biomethane, which the plan expects to raise Italian production tenfold by 2026. The EIC grant, if any of it was paid, and any EIC Fund equity under the blended award, are not reported.
What VORN bought
Alvus's biomethane project pipeline at acquisition
More than 10 biomethane projects of 500 to 1,000 standard cubic metres an hour, two of them fully permitted, held partly through Favus S.r.l.
Bioenergy International, October 2023.
What Cannot Be Checked
Questions for the EIC
Whether the EIC knew of VORN's involvement with Alvus when it signed the grant, whether any pre-financing was paid and recovered, and whether the EIC Fund had committed equity are not public.
Why Europe Should Care
The EIC selected Alvus for a technology meant to cut the cost of biomethane plants. Weeks after the project started, the company was sold for its project pipeline and the technology work stopped.
What the project promised
A validated, commercial earth-built digester that would cut biomethane plant costs by 55%.
What the record shows
An acquisition six weeks in, loss of SME status, termination, and "no work carried out".
The Verdict
Sold, not delivered
Alvus was acquired six weeks into the EIC project, which ended with "no work carried out". The innovation the EIC selected was never tested.
Alvus, VORN Bioenergy and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
Industry
EnergyBioenergy
- Focus
- Renewable gas
- Technologies
- Anaerobic digestion
- Cement and concrete technology
- Keywords
- Biomethane
- Digesters
- Construction cost reduction
- Earth construction