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Warburg Pincus-backed Viridi Energy Appoints CEO and CFO to Build Out Leading Energy Platform Focused on Renewable Natural Gas
Description
Viridi Energy ("Viridi"), a renewable natural gas ("RNG") company that launched earlier this year with the backing of Warburg Pincus and Green Rock Energy Partners, has appointed Dan Crouse as Chief Executive Officer to guide the firm as it builds a leading energy platform of scale for developing RNG from landfill, dairy, and food waste feedstocks.
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Iconic Air Launches First-of-Its-Kind Emissions Tracking Platform to Help the Oil and Gas Industry Decarbonize
Iconic Air, a SaaS platform that helps energy-intensive industries automate, benchmark, and manage the cost of carbon and their carbon footprint, today announced the launch of its Emissions Intelligence™ platform. The platform offers a suite of tools for managing carbon, similar to financial performance, saving organizations significant time and money. The launch comes as Iconic Air secured $5 million in seed funding. The round was led by XYZ Venture Capital, with participation from Garuda Ventures, the GTM fund, and investors from Country Roads Angel Network. Funds will be used for hiring top software engineering and carbon talent as well as growing its sales team as Iconic Air continues building out platform capabilities.
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Aemetis Biogas Closes $25 Million USDA Guaranteed Project Financing With Greater Commercial Lending for Dairy Farm Biogas Digesters and Pipeline to Produce Renewable Natural Gas
Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on negative carbon intensity products, announced today the closing of $25 million of long-term financing with Greater Commercial Lending (GCL), which provides loans to businesses and organizations in under-served and rural communities, to build dairy biogas digesters and a biogas pipeline for the Aemetis Biogas Central Dairy Digester Project located in Stanislaus County, California.
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Enviva Releases White Paper on the Evolution of Modern Bioenergy in Heavy Industry Verticals
Today, Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced wood biomass, published a white paper that discusses unlocking the future of biomass beyond fossil fuels into other industrial applications, including steel, cement, lime, chemicals, and sustainable aviation fuel (SAF), among others. While Enviva’s sustainably sourced biomass is predominately used today to decarbonize power and heat generation, modern biomass will increasingly be used to reduce emissions in these hard-to-abate sectors that are responsible for nearly one-third of global CO2 emissions as governments, companies, and industry endeavor to mitigate their climate change impacts through net-zero emissions goals.