Aemetis Closes on Calif. Dairy Digester RNG Investment (Ind. Report)
In the Golden State, Cupertino-headquartered advanced renewable fuel and biochemical specialist Aemetis Inc. reports its subsidiary, Aemetis Biogas LLC, has closed a $30 million equity investment and funded the first $8.3 million tranche to Aemetis Biogas to construct, own and operate dairy biomethane digesters, pipelines and gas cleanup/compression facilities primarily under 20-year agreements with a dozen dairy farm operations in California.
The equity funding was provided by Protair-X Americas, an environmental investment unit of Protair-X Technologies in Canada.
In addition to its ethanol and wet distillers grain facility in Keyes, California, Aemetis owns and operates a 50 million gpy renewable chemical and advanced fuel biodiesel production facility in India, as well as operates an R&D laboratory and holds patents on renewable fuels and renewable chemicals production related technologies. (Source: Aemetis, Feedstuffs, 31 Dec., 2018)Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, firstname.lastname@example.org, www.aemetis.com;
Protair-X Americas, www.protairx.com
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