decarbonfuse Icons/logo

Press Release

Drax Partners With Molpus Woodlands to Fuel BECCS Operations in the Southeast US

Published by Todd Bush on February 1, 2024

DUBUQUE, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its nonregulated subsidiary, Black Hills Energy Renewable Resources, completed the purchase of a renewable natural gas production facility in Dubuque, Iowa.

>> In Other News: Huawei Wins Energy Globe World Award for Net Zero Carbon Intelligent Campus Project, Jointly Built with the Yancheng Power Supply Company of State Grid Jiangsu USA

The acquisition of the production facility at the Dubuque Metropolitan Area Solid Waste Agency site includes onsite infrastructure and the rights to RNG production at the landfill under a long-term contract. The facility currently injects RNG into the natural gas distribution system serving Dubuque, which is owned and operated by Black Hills Corp.’s regulated natural gas utility in Iowa.

“This investment advances our goal to responsibly integrate renewable resources as a component of our overall emissions reduction strategy,” said Todd Jacobs, senior vice president of growth and strategy. “This acquisition represents our entry into the production of RNG as a nonregulated business while leveraging our expertise in owning and operating regulated natural gas pipeline systems, including RNG interconnections.”

The RNG produced from the landfill facility captures methane that would otherwise vent into the atmosphere. It is delivered under long-term contracts to a third party that purchases the RNG and its related environmental attributes, in conformity with the U.S. EPA Renewable Fuel Standard Program.

“Investing in the production facility will allow BHERR to focus on growing its RNG business with an efficient and sustainable lower-carbon fuel,” said Jacobs.

Black Hills Corp.

Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. More information is available at www.blackhillscorp.com.

Black Hills Energy Renewable Resources

Black Hills Energy Renewable Resources LLC. (BHERR) is a nonregulated subsidiary of Black Hills Corporation established in 2022 to leverage the company’s expertise in developing renewable natural gas (RNG) production, interconnections and providing a pathway for RNG to access natural gas markets. BHERR makes investment into RNG development projects to deliver profitable growth and align with the company’s sustainability strategy.

Icons/external Source

Add Comments

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.


Latest issues

  • $213 Per Tonne: Inside the Latest Multi-Pathway CDR Deal

    Inside This Issue 💸 $213 Per Tonne: Inside the Latest Multi-Pathway CDR Deal 🏛️ Clean Energy Technologies Affiliate Vermont Renewable Gas Advances Regulatory Review 💧 Fusion Fuel’s BrightHy Soluti...

  • The Three-Continent Move That Redefines SAF

    Wishing everyone a restful holiday season.🎄🎅🎁 Inside this Issue ✈️ Cathay Goes Global With SAF in Three-Continent Fuel Deal 🧪 Proton Ventures Partners With Barents Blue For Realization Of The Bar...

  • Can One Truck Fix Hydrogen’s Biggest Problem?

    Inside This Issue 🚛 Alberta's Shared Truck Model Could Crack Hydrogen Adoption ✈️ ZeroAvia Completes Financing Round 🌾 Frontier And NULIFE Scale New Biowaste Carbon Removal Approach 🔥 WAGABOX® Of ...

View all issues

Company Announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration