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Fortistar Merger Launches Opal Fuels LLC (M&A, Ind. Report)
Fortistar, TruStar Energy
Date: 2021-04-23
White Plains, N.Y.-based privately owned investment firm Fortistar LLC reports its renewable natural gas (RNG) portfolio company Fortistar Methane Group (FMG) and RNG fuel supply specialist TruStar Energy are merging under Opal Fuels LLC -- a fully-integrated renewable fuels supply company for North America.

Founded in 1993, Fortistar provides capital to build, grow and manage companies that address complex sustainability challenges. The company utilizes its capital, flexibility and operating expertise to grow high-performing companies, first in power generation and now in mobility, carbon capture, the circular economy and other solutions that drive our transition to a zero-carbon future. As a team, Fortistar has financed over $3.5 billion in capital for companies and projects in the energy, transportation and industrial sectors, according to the company website. (Source: Fortistar, PR, 22 Apr., 2021) Contact: TruStar Energy, Scott Edelbach, COO, www.trustarenergy.com; Fortistar, Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com

More Low-Carbon Energy News Fortistar,  TruStar Energy,  RNG,  


Fortistar Planning Minn. Landfill RNG Plant (Ind. Report)
Fortistar
Date: 2021-04-14
In the Empire State, White Plains--based Fortistar is reporting plans to construct and operate a new roughly $40 million renewable natural gas (RNG) plant at the Pine Bend Sanitary Landfill, in Inver Grove Heights, Minnesota.

Landfill owner Republic Services will lease Fortistar the land for the 12,000 square-foot facility which is expected to be operational by March 2022. (Source: Fortistar,PR, Star Tribune, 13 Apr., 2021) Contact: Forttistar, Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com

More Low-Carbon Energy News RNG,  Fortistar,  Renewable Natural Gas,  Landfill Methane,  Biogas,  


TruStar Energy Touting Major RNG Growth (Ind. Report)
Fortistar, TruStar Energy
Date: 2021-01-13
In the Empire State, White Plains-based RNG/CNG fuel supplier TruStar Energy, a Fortistar portfolio company, reports in 2020 it grew its nationwide natural gas fueling station network to 380, inked long term RNG fuel supply contracts totaling 175 million GGE and is set to deliver more than 30 million GGE of renewable natural gas (RNG) in 2021.

In December, the company's parent, Fortistar, in tandem with the TruStar Energy's distribution efforts, announced the fifth of 12 new RNG projects, together requiring nearly $500 million of new capital investment. These new projects will produce over 100 million GGE per year of RNG, reducing annual U.S. transportation emissions by 2 million metric tons of CO2 -- the equivalent of taking approximately 434,782 passenger cars off the road, according to the release. (Source: TruStar Energy, PR, Website, 7 Jan., 2021) Contact: TruStar Energy, Scott Edelbach, COO, www.trustarenergy.com; Forttistar, Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com

More Low-Carbon Energy News RNG,  Fortistar,  TruStar Energy,  


Hydrogen Producer BayoTech Scores $157Mn (Alt. Fuel, Hydrogen)
BayoTech
Date: 2021-01-08
Albuquerque, New Mexicao-based on-site hydrogen production specialist BayoTech Inc.reports receipt of an equity investment of up to $157 million from Newlight Partners LP and existing investors Cottonwood Technology Funds, Sun Mountain Capital and new investor Fortistar. The proceeds will be used to accelerate BayoTech's growth through product development, project development and infrastructure expansion.

Bayotech provides modular hydrogen generation systems using energy-efficient steam methane reformers (SMR). Current containerized BayoTech systems produce hydrogen at a rate of 200 kg H2, 500 kg H2 and 1,000 kg H2 per day. The company is developing systems capable of producing 5,000 kg, 10,000 kg and 30,000 kg of hydrogen per day, according to the release.

BayoTech's modular, scalable, and rapidly deployable hydrogen production systems requires low upfront capital commitments and when paired with renewable natural gas (RNG), offers the most cost-effective green hydrogen available today. (Source: BayoTech, PR, Website, 5 Jan., 2020) Contact: BayoTech, Stewart Stewart, CCO, (505) 639-9238, info@BayoTech.us

More Low-Carbon Energy News BayoTech ,  Hydrogen,  


Fortistar Florida RNG Plant Construction Underway (Ind. Report)
Fortistar
Date: 2020-12-16
White Plains, New York-based Fortistar reports construction is underway on a facility in Raiford, Florida, that will capture and convert approximately 1,900 dekatherms per day of landfill methane into renewable natural gas (RNG).

The project, formally known as the New River RNG Project, will collect naturally occurring methane from the New River Solid Waste Association (NRSWA) municipal solid waste landfill, convert it to RNG and use it to fuel natural gas vehicles via TruStar Energy, a Fortistar company. At full output, the New River facility will extract 2,500 standard cubic feet per minute of landfill gas and produce 5.1 million gas gallon equivalents (GGE) of RNG per year. (Source: Fortistar, PR, Website, Env.+Energy Leader, 14 Dec., 2020)Contact: Forttistar, Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com

More Low-Carbon Energy News RNG,  Fortistar,  Renewable Natural Gas,  Landfill Methane,  Biogas,  


Fortistar, Paloma Dairy RNG Project Underway (Ind. Report)
Fortistar
Date: 2020-09-04
Fortistar and Paloma Dairy are reporting construction is underway on the Sunoma Renewable Biofuel Project -- a dairy renewable natural gas (RNG) facility in Gila Bend, Arizona that will produce 1.6 million gasoline gallon equivalents of vehicle fuel annually for the Class 8 trucking sector.

White Plains, New York-headquartered TruStar Energy, a Fortistar portfolio company and developer of natural gas fueling stations, will market and deliver the RNG.

The Sunoma Renewable Biofuels Project is the third of 12 new Fortistar RNG projects totaling nearly $500 million in capital that Fortistar expects to begin over the next year, according to the release. (Source: Fortistar, Sept., 2020) Contact: Forttistar, Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com; Paloma Dairy, 760-544-3311, www.palomadairy.com; TruStar Energy, (914) 421-4940, www.trustarenergy.com

More Low-Carbon Energy News Fortistar,  RNG,  TruStar Energy,  


Fortistar Welcomes SDCL Energy Efficiency Income Trust as Primary Energy Co-Investor (Ind. Report, M&A)
Primary Energy,Fortistar,ArcelorMittal
Date: 2020-01-13
White Plains, New York-based Fortistar and its partners are reporting an agreement to sell 50 pct of the shares of Primary Energy to SDCL Energy Efficiency Income Trust (SEEIT).

Primary Energy Recycling has a 298 MW portfolio of waste heat-to-power (WHP) and combined heat and power (CHP) plants located at two of the most efficient steel mills in North America belonging to ArcelorMittal S.A. and United States Steel Corporation, selling discounted electrical and thermal energy to the mills under long-term stable contractual arrangements.

The transaction is expected to close in Q1 2020 with Fortistar continuing to manage the company.

Fortistar's portfolio of associated companies includes Generational Power, TruStar Energy, Primary Energy Recycling, Fortistar Methane Group, Fortistar Biomass Group, Carbonfree Chemicals, Golden Renewable Energy and ClockIN.

SDCL Energy Efficiency Income Trust plc is the first London Stock Exchange-listed company of its kind to invest exclusively in the energy efficiency sector. (Source: Fortistar, PR, Jan., 2020) Contact: SDCL Energy Efficiency Income Trust plc, www.sdcleeit.com; Primary Energy, Mo Klefeker, CEO, 630-371-0505, www.primaryenergy.com Forttistar, Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com

More Low-Carbon Energy News Primary Energy,  ArcelorMittal,  Fortistar,  Energy Efficiency,  


Atlantic Power Takes Ownership Interest in Biomass Plants (M&A)
Atlantic Power,Fortistar,CMS Energy
Date: 2019-08-16
In the Bay State, Dedham-based independent power producer Atlantic Power Corporation reports completion of its $20 million acquisition of the equity ownership interests held by AltaGas Power Holdings in Craven County Wood Energy in North Carolina and the Grayling Generating Station contracted biomass plants in Michigan.

The 48 MW Craven County Wood Energy facility has been in service since October 1990 . Atlantic Power acquired a 50 pct interest from AltaGas with the remaining 50 pct held by CMS Energy. Craven County burns wood waste, wood chips, poultry litter, forestry residues, mill waste, bark and sawdust, and has PPA with Duke Energy Carolinas.

In Michigan, the 37 MW Grayling Generating Station has been in service since June 1992 . Atlantic Power acquired a 30 pct interest from AltaGas , leaving Fortistar with 20 pct and CMS Energy with 50 pct. Grayling has a PPA with Consumers Energy. The plant burns wood waste from local mills, forestry residues, mill waste and bark. Both plants are operated by an affiliate of CMS Energy. (Source: Atlantic Power Corp., CNW Group, 14 Aug., 2019) Contact: Atlantic Power Corporation, (617) 977-2700, info@atlanticpower.com, www.atlanticpower.com; , Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com; CMS Energy, www.cmsenergy.com

More Low-Carbon Energy News Fortistar,  Atlantic Power,  Biomass,  Woody Biomass,  CMS Energy,  


Fortistar Touts RNG to Decarbonize Transport Fuel Supply (Ind. Report)
Fortistar, TruStar,Beacon Energy
Date: 2019-05-03
White Plains, New York-based Fortistar reports it is extracting methane from landfills, converting it to RNG and, working with its affiliate TruStar Energy, paving the way for a sustainable transportation fuel supply chain.

For over 25 years, Fortistar has operated in dozens of landfill gas-to-energy projects in the U.S. and Canada while TruStar Energy has constructed 250 natural gas fueling stations.

Fortistar owns and operates lower carbon energy generating companies -- cogeneration facilities; waste-heat recovery power plants; compressed natural gas fueling stations; landfill power plants; projects that reduce carbon in industrial facilities and biomass facilities -- in Canada and the US.

Fortistar's portfolio of associated companies includes: Generational Power, TruStar Energy, Primary Energy, Fortistar Methane Group, Fortistar Biomass Group, Carbonfree Chemicals, Golden Renewable Energy and ClockIN. (Source: Fortistar, PR, May, 2019) Contact: Forttistar, Mark Comora, CEO, (914) 421-4937, MComora@fortistar.com, www.fortistar.com; TruStar Energy, www,turstarenergy.com

More Low-Carbon Energy News Fortistar,  Methane,  RNG,  Renewable Natural Gas,  Landfill Gas,  Beacon Energy,  


Fortistar Snares W. Penna. Renewable Natural Gas Facilities (M&A)
Fortistar, EDF Renewables North America
Date: 2019-04-03
In the Empire State, White Plains-based Fortistar LLC, in partnership with Ares Capital Corporation is reporting the acquisition of two western Pennsylvania-located landfill renewable natural gas (RNG) facilities, Greentree Landfill Gas in Kersey and Imperial Landfill Gas in Imperial, from EDF Renewables North America. Together, the two facilities have a a production capacity of 1.5 million decatherms of RNG per year.

Fueling trucks with Fortistar's RNG, will reduce 107,485 metric tons of CO2 per year -- equivalent to planting over 2.7 million trees each year.

Fortistar owns and operates lower carbon energy generating companies in the United States and Canada that support the transition to a low carbon economy. These companies include cogeneration facilities; waste-heat recovery power plants; compressed natural gas fueling stations; landfill power plants; projects that reduce carbon in industrial facilities, and biomass facilities. Fortistar associated companies include Generational Power, TruStar Energy, Primary Energy, Fortistar Methane Group, Fortistar Biomass Group, Carbonfree Chemicals, Golden Renewable Energy and ClockIN. (Source: Fortistar, PR 2 April, 2019) Contact: Fortistar, Mark Comora, CEO, www.fortistar.com ; Ares Capital Corporation, www.arescapitalcorp.com; EDF Renewables North America, Tristan Grimbert, President & CEO, Sandi Briner , (858) 521-3525, www.edf-re.com, www.edf-renewables.com

More Low-Carbon Energy News EDF Renewables North America,  Fortisatr,  Renewable Natural Gas,  RNG,  


Okanagan BC Reconsidering Biogas Options (Ind. Report)
Methane, Regional District of the Central Okanagan
Date: 2019-01-07
In British Columbia, Canada, following a 2012 feasibility study to collect and process food waste the Regional District of the Central Okanagan (RDCO) reports it is examining new ways and programs to handle household food waste.

The District, which currently captures and sells landfill waste bio-gas from the Glenmore Landfill, is re-evaluating its future organic waste diversion opportunities while maintaining existing landfill gas collection infrastructure and commitments with FortistarBC for the sale of gas, according to the final draft of the district's Solid Waste Management Plan which is awaiting provincial regulatory approval.

One of the solid waste management plan's goals is to re-evaluate organic waste diversification options while maintaining landfill gas collection. A proposal for several small compost sites to mix residential food waste with yard waste are being considered at a projected cost of $25 million each. The RDCO is applying to the province to have a bio-cover made of compost at Campbell Mountain Landfill, which would eliminate methane gas at that larger site. (Source: Regional District of the Central Okanagan, BC Local News, 6 Jan., 2019) Contact: FortisBC, Roger Dall'Antonia, Exec. VP Technology, www.fortisbc.com; Regional District of the Central Okanagan, (250) 763-4918, info@cord.bc.ca, www.regionaldistrict.com

More Low-Carbon Energy News Fortis,  Biogas,  Methane,  Landfill Gas,  

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