Mitsubishi Corporation Acquires Stake in KIS Group

KIS Group has set an investment target of USD 1 billion by 2030 to advance renewable gas and biofuel projects across Southeast Asia, India, and Europe. Backed by Mitsubishi Corporation, the company also plans to expand its footprint into North and South America and Europe within the next five years.

November 05, 2025. By News Bureau

KIS Group has announced that Mitsubishi Corporation has acquired a minority equity stake in its Indonesia operations. This investment marks Mitsubishi Corporation’s first entry into the global biogas market.

This investment marks a milestone in KIS Group’s growth journey and underscores a shared commitment to advancing sustainable energy solutions and accelerating global market expansion. Till date, KIS has developed several BioMethane/renewable gas projects across 11 countries. The company has signed long-term biomethane supply contracts with Unilever and Shell, with multiple projects under operation and development to support the supply. They are also working with Toyota, Godrej, Sinarmas, Banas Dairy, Maruti Suzuki and several others.

Through this partnership, KIS Group will tap Mitsubishi Corporation’s network across 90+ countries to accelerate international expansion, while the two companies co-develop and commercialise advanced biogas, BioCNG, and BioLNG solutions for global markets. The collaboration will embed operational best practices to improve efficiency, scalability, and governance across KIS’s projects, strengthen supply chain resilience via Mitsubishi’s trading and logistics infrastructure, and advance shared ESG goals by scaling responsible, low-carbon energy solutions. With Mitsubishi Corporation’s backing, KIS Group aims to expand its portfolio to North and South America and European markets over the next five years, targeting a substantial increase in renewable gas output and significant contribution to global decarbonisation goals.

KR Raghunath, Founder and CEO, KIS Group, said, “This strategic collaboration with Mitsubishi Corporation will propel KIS Group to the next orbit of growth. The fact that Mitsubishi has chosen to enter the biogas and biofuels market for the first time through us, is a huge vote of confidence in our technology, execution capability, and market understanding. By combining our strengths with Mitsubishi’s global reach and industry expertise, we are poised for exponential growth and to create long-term value for stakeholders by expanding access to reliable, low-carbon energy solutions worldwide.”

Founded by KR Ragunath in 2006, KIS group has a presence across 11 countries including India, Indonesia, Malaysia, Singapore, USA, UAE, Brazil, Colombia, Qatar, and Spain, and is known for delivering end-to-end solutions across sectors like palm oil, sugar, dairy, paper, distilleries, and agro-processing. The company aims to invest USD 1 billion across renewable gas and biofuel solutions in Southeast Asia and India by 2030.

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Business

Mitsubishi Corporation

KIS Group

Biofuel projects

Biogas market

BioMethane/renewable gas projects

Biomethane supply contracts