Published by Todd Bush on March 22, 2023
NEW YORK--(BUSINESS WIRE)--BioTown Biogas (“BTB”), a leading renewable energy producer in the waste-to-value energy market, is today activating its new digester and processing facility, one of the largest on-farm biodigesters in the world. The activation is being marked by an on-site commissioning ceremony and ribbon cutting, to be attended by Indiana Lieutenant Governor Suzanne Crouch and other elected and business leaders.
>> In Other News: Financing the Transition: How to Make the Money Flow for a Net-Zero Economy
BTB sources food waste, dairy manure, beef manure, and other agriculture waste to produce renewable natural gas (RNG) and renewable electric power. The new facility, located in Reynolds, Indiana, is expected to generate more than 42 million kilowatt-hours of renewable power per year, while also producing more than three million gallons of renewable fuel per year.
The facility's commissioning represents a significant milestone for the North American renewable energy industry, as BTB charts the path toward circular agricultural practices and proves that farming and livestock operations can help to create renewable energy that powers the future.
“This day represents a tipping point for our region, for the energy industry, and for a more sustainable future,” said Indiana Lieutenant Governor Suzanne Crouch, the state’s Secretary of Agriculture and Rural Development. “With the commissioning of this renewable energy facility, BioTown Biogas and the State of Indiana are claiming our position on the leading edge of a new era in clean energy production. Indiana is eager to see and support more of this type of investment in the state.”
BTB’s energy assets were previously owned by BioTown Ag (“BTA”), a multi-generational family farm that has been a sustainability leader in the agricultural community for decades. BTA spun off the power business to BTB, in order to jointly partner with Green Rock Energy Partners, a sustainable infrastructure focused private equity firm which invests in renewable energy companies and projects, and to expand its RNG business.
“A major community and industry milestone like this does not happen overnight. BioTown Ag and Green Rock Energy Partners put in years of work to lay the foundation and to prepare for a lower carbon future in farming that, at first, probably sounded like a pipe dream,” said Chad Hoerr, General Manager of BioTown Biogas. “The State of Indiana’s leadership, in addition to support from Green Rock and BioTown Ag, have been critical in bringing our vision into reality.”
The BTB facility supports more than 50 full-time jobs in White County, Indiana and surrounding communities. Northern Indiana Public Service Company (“NIPSCO”) will provide the facility’s renewable electric power offtake, and United Energy Trading and others will provide the RNG offtake.
BioTown Biogas (“BTB”) is a leading renewable energy producer in the waste-to-value energy market. Based in Reynolds, Indiana, BTB operates one of the largest on-farm biodigesters in the world, transforming waste into valuable energy and other useable byproducts. BTB sources food waste, dairy manure, beef manure, and other agriculture waste to produce renewable natural gas (RNG) and renewable electric power. Focused on establishing replicable and sustainable models of circular agriculture, BTB’s work demonstrates how farming and livestock operations can help to create renewable energy that powers the future. For more information, please visit www.biotownbiogas.com.
Green Rock Energy Partners LLC is a sustainable infrastructure focused private equity firm which invests in renewable energy companies and projects. Green Rock’s investments primarily target waste-to-value energy assets within the circular economy, which play a critical role in the ongoing energy transition to a low-carbon future. The firm deploys equity capital to develop, purchase, and operate environmentally responsible and financially attractive businesses and infrastructure. The projects that Green Rock targets for investment produce renewable natural gas, renewable diesel, renewable fertilizer, and other similar products. The firm was founded by a team of commodities executives who source, structure, and negotiate opportunities to build successful businesses using their expertise as owners and operators. For more information, please visit www.greenrockep.com. Follow us on LinkedIn.
Contacts
George Spencer
BioTown Biogas
[email protected]
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌏 A Bold Transpacific Alliance: ExxonMobil and Marubeni Power a Cleaner Future with Low-Carbon Ammonia 💰 Aker Carbon Capture Has Decided to Sell Its 20 Percent Ownership Interest...
Inside This Issue 🌊 NYK Partners With Climeworks to Remove CO₂ Through Diverse Carbon Removal Solutions 🛠️ First Public Hydrogen (FPH2) Appoints Ernesto Medrano to Board of Directors 💡 Kinetics Ac...
Inside This Issue 📊 Trading Carbon Right: Why Credit Quality Matters More Than Ever ☀️ SunHydrogen Contracts The Process Group for Front-End Engineering Design of 25m2 Renewable Hydrogen Pilot Pla...
Canada’s Bold Path to Net-Zero: How the Pathways Alliance Is Reshaping Oilsands and Carbon Capture
A united front for a cleaner future In Canada’s race to reach net-zero emissions by 2050, few initiatives carry as much weight—or as much promise—as the $16.5 billion carbon capture and storage (C...
Project Hajar Earns Top XPRIZE Carbon Award for Direct Air Capture and Storage in UAE
Project Hajar, a joint initiative by 44.01 and Aircapture, has been named the strongest performer in the Air category of the XPRIZE Carbon Removal competition, earning a \$1 million award. The proj...
BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced the formation of a strategic joint venture (the “JV”) between BKV dCarbon Ventures, LLC (“dCarbon Ventures”), BKV’s wholly-owned...
Microsoft Expands World’s Largest Carbon Removal Deal with Stockholm Exergi to 5M Tonnes
World’s largest annual CDR delivery deal: Microsoft'’s expanded agreement now totals 5.08M tons, with 500,000 tons captured annually. $1.3B BECCS facility operational by 2028: Stockholm Exergi’s p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.