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.
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. (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 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.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 The $9B Deal That Almost Didn't Happen ⚖️ IMO Rules Understate Benefits of Utilising Captured Carbon, Says GCMD 🌾 Corteva and bp Launch Biofuel Feedstock Joint Venture Etlas 🔬 ...
Inside This Issue 🌽 Nebraska's 3-Plant Ethanol CCS Gamble Pays Off Big 🧊 New Evaporative Crystallizer Design Accelerates Direct-Air Carbon Capture ✈️ From SAF to Solar: DHL’s Bold Steps Toward Net...
Happy New Year from Decarbonfuse! As we wrap up 2025, we want to thank you for being part of the growing Decarbonfuse community. Your engagement and feedback have helped make this platform a trust...
Capstone Green Energy Holdings, Inc. (the "Company” or “Capstone”) (OTCQX: CGEH), together with its subsidiaries, a leading provider of clean technology solutions using ultra-low emission microturb...
Duke Energy Florida, a subsidiary of Duke Energy, unveiled its DeBary Hydrogen Production Storage System in Volusia County, marking the first demonstration project in the United States capable of u...
ESG Clean Energy, LLC ("ESG"), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, announced today it has signed a licensing deal with Viking Energ...
LanzaTech Achieves Guaranteed Performance At Japan MSW-To-Ethanol Plant
Collaborative pilot at Kuji facility showcases robust ethanol yields using LanzaTech’s fermentation technology Achieved ethanol yields exceeding guaranteed performance for over 14 consecutive d...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.