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Bioenergy Devco Raises $100Mn for AD Projects (Ind. Report, Funding)
Bioenergy Devco,
Date: 2021-12-20
As previously reported, Annapolis, Maryland-based food waste anaerobic digestion (AD) specialist Bioenergy Devco (BDC) Bioenergy Devco has secured $100 million in financing from funds managed by Irradiant Partners, LP , an alternative investment manager with expertise in climate infrastructure, private equity and credit.

Irradiant joins BDC’s existing investor base that includes Newlight Partners LP, a growth equity investment firm, and Sagewind Capital LLC, a New York-based middle-market private equity firm.

The new capital will support development of multiple AD facilities to drive sustainable organic waste recycling and reduce greenhouse gas emissions in North America, according to the company. (Source: Bioenergy Devco, PR, !4 Dec., 2021) Contact: Irradiant Partners, www.irradiantpartners.com; Bioenergy Devco, Shawn Kreloff, CEO, (443) 782-3427, info@bioenergydevco.com, www.bioenergydevco.com

More Low-Carbon Energy News Bioenergy Devco,  anaerobic digestion,  Biogas,  Irradiant Partners,  


Bioenergy Devco Raises $100Mn for AD Projects (Ind. Report)
Bioenergy Devco
Date: 2021-11-17
Annapolis, Maryland-based food waste anaerobic digestion (AD) specialist Bioenergy Devco (BDC) reports it has secured $100 million in financing from funds managed by Irradiant Partners , an alternative investment manager with expertise in climate infrastructure, private equity and credit. This new capital will support the development of multiple anaerobic digestion facilities to drive sustainable organic waste recycling and reduce greenhouse gas emissions in North America.

BDC has constructed more than 240 anaerobic digesters and currently manages 140 facilities worldwide. Since launching in the United States in 2019, BDC has over 20 anaerobic digesters in development, including two under construction in Delaware and Maryland. Slated to be the largest and the first industrial-scale food waste digester in the U.S., the facility at the Maryland Food Center Authority will have the capacity to accept more than 115,000 tons of organic material annually, offering the same carbon sequestration impact as a forested area 40 times the size of Central Park. (Source: Bioenergy Devco, PR, Website, 10 Nov., 2021) Contact: Irradiant Partners, www.irradiantpartners.com; Bioenergy Devco, Shawn Kreloff, CEO, (443) 782-3427, info@bioenergydevco.com, www.bioenergydevco.com

More Low-Carbon Energy News Bioenergy Devco ,  anaerobic digestion,  

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