The Dane County facility is the first such facility in the United States designed to receive biogas from multiple off-site locations and connect that renewable gas with RNG stations locally and across the nation.
When fully operational the project is expected to produce sufficient renewable natural gas (RNG) to replace at least 50,000 MMBtu of conventional natural gas each year.(Source: Brightmark, 25 July, 2019) Contact: Brightmark Energy, Bob Powell, CEO, (415) 689-8395, email@example.com, www.brightmarkenergy.com; Clean Fuel Partners,
John Haeckel, Founder and CEO, (608) 957-7995, firstname.lastname@example.org,
More Low-Carbon Energy News Brightmark Energy, anaerobic digester, Clean Fuel Partners,
When fully operational, the facility will convert 100,000 tpy of plastic into 18 million gpy of fuel and 6 million gpy of wax. By working with New Energy Risk (NER), RES Polyflow has reduced the overall cost of project capital, increased the certainty of execution, and made the bond offering more attractive to investors.
RES Polyflow and its San Francisco-based parent development company, Brightmark Energy, raised an aggregate amount of $260 million, including $185 million in Indiana green bonds, underwritten by Goldman Sachs & Co. To streamline the financing, the companies approached NER, an affiliate of the global reinsurance group AXA XL, a division of AXA, to design a custom performance insurance policy that would mitigate technology risk for financiers interested in investing in this revolutionary project and the company's process that can convert 500,000 tpy of waste into 50 million gpy of biofuel .
The Indiana plant superheats and then converts plastic into ultra-low sulfur diesel and naphtha blend stocks, as well as commercial grade wax.
(Source: AXA XL, PR, 23 April, 2019) Contact: AXA AL, www.axaxl.com;
New Energy Risk, (650) 204-4279, email@example.com, www.newenergyrisk.com;
Brightmark Energy, Bob Powell, CEO, (415) 689-8395, firstname.lastname@example.org, www.brightmarkenergy.com; RES Polyflow, www,respolyflow.com
More Low-Carbon Energy News Brightmark Energy, RES Polyflow, Plastic-to-Fuel,
Collaborating as Augean Renewable Natural Gas (RNG), Brightmark Energy, Promus Energy, and DeRuyter Dairies developed the project. Brightmark Energy will manage the joint venture and Promus Energy, the original developer, will serve as the project manager.
he Augean biogas project is supported by a $1.4 million in grant funding from Yakima County and a $500,000 Rural Energy for American Program (REAP) grant from the USDA.
Brightmark is currently developing similar biogas projects in New York, Wisconsin, Florida, and Minnesota, and is seeking feedstock suppliers with an interest in collaborating on waste to energy projects. The company develops, owns and operates waste and energy projects.
Promus Energy LLC, based in Washington State and New Mexico, was launched in 2010 to convert organic wastes into low carbon intensity, high-value renewable products, focusing specifically on dairy-derived renewable natural gas (RNG) and recovery of nutrients and fiber. (Source: Brightmark Energy, PR, 6 April, 2019)
Contact: Brightmark Energy, Bob Powell, CEO, (415) 689-8395,
Promus Energy LLC, www.promusenergy.com
More Low-Carbon Energy News Brightmark Energy, Biogas, Anaerobic Digestion,
Brightmark Energy develops, owns and operates waste and energy projects. The company's technology solutions include combined heat and power, waste to energy that are specifically tailored based on customer needs, and biogas
(Source: Brightmark Energy, PR, Citizen Tribune, 9 Nov., 2018) Contact: Brightmarks Energy, Bob Powell, Pres., Pres., http://brightmarkenergy.com; RES Polyflow, www,respolyflow.com
More Low-Carbon Energy News BiogasBrightmark Energy,