Published by Todd Bush on June 6, 2024
This partnership marks a milestone investment for the advisory firm into ethanol as a low-carbon fuel.
GREENVILLE, S.C. and WICHITA, Kan., June 6, 2024 /PRNewswire/ -- Today, Nexus PMG, a global leader in low-carbon infrastructure, advisory, development and investment, announced an investment in Saola Energy, a leading provider of advanced technology and engineering solutions for manufacturers in the renewable fuels industry. This marks a milestone expansion for Nexus PMG as it continues to invest in low-carbon infrastructure projects, including ethanol β a key growth area for the business given its domestic availability, readily available feedstock and lower greenhouse gas emissions.
Nexus PMG invests in technology and engineering solutions provider Saola Energy to help green fuel businesses - such as ethanol providers - scale production and reduce their carbon intensity.
>> In Other News: Technip Energies and Turner Industries Awarded Contract by ExxonMobil for Louisiana Carbon Capture and Sequestration Project
Nexus PMG invests in technology and engineering solutions provider Saola Energy to help green fuel businesses - such as ethanol providers - scale production and reduce their carbon intensity.
The 45Z Clean Fuel Production Credit, a key provision in the Inflation Reduction Act, is incentivizing producers to upgrade their processes to reduce the carbon intensity of their fuels. To help achieve this goal, Saola is coupling its extensive expertise in customizing the engineering and design of renewable fuels projects with Nexus PMG's decade of experience developing low-carbon infrastructure for customers. Through this partnership, Saola will gain additional depth of engineering staff to support larger projects.
Adam Belyamani, COO at Saola Energy, said: "Core to our mission is helping renewable energy businesses scale to new heights and lead in a competitive market. This alliance marks a significant advancement in our capacity to help producers evaluate operational improvements to minimize their carbon footprint and maximize profitability in an ever-changing fuel market."
Ben Root, General Manager at Saola Energy, said: "Nexus PMG's investment better positions us to significantly expand our service offerings. By providing a wider and deeper range of operational and technical resources, we are establishing a strong foundation to more effectively support our growing client base."
Chris Hart, President of Nexus PMG, said: "The renewable fuels sector is at an inflection point, as we continue to see rising interest in ethanol, particularly as more producers seek opportunities to reduce their carbon intensity. Our investment in Saola is emblematic of our commitment to the sector and is critical in strengthening our engineering and project management capabilities for biofuel producers in the Midwest and beyond."
Nexus PMG is the point where project finance, development and operations connect. The industry-leading firm focuses on providing world-class advisory services to infrastructure investors by delivering technical, operational and financial diligence on projects that reduce carbon intensity and enhance resource efficiency. Nexus PMG's integrated business lines provide end-to-end services within each targeted sector including development; preliminary engineering; contract structuring; engineering, procurement and construction (EPC); commissioning and startup; operational readiness and process improvement. To learn more, visit http://nexuspmg.com.
Saola Energy provides customized engineering and project management services and solutions to advance the renewable fuels industry. Saola Energy's expertise encompasses everything from conceptualization to detailed engineering, creating efficient, sustainable, and reliable systems that maximize yield while minimizing environmental impact. To learn more, visit www.saolaenergy.com.
SOURCE Nexus PMG
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue π Inside Canadaβs Quiet Takeover of the Carbon Capture Industry βοΈ Phillips 66 to Supply SAF to British Airways in Calif π§ HyVera Distributed Energy Launches Green Hydrogen-On-De...
Inside This Issue π 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase π Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...
Inside This Issue π§ͺ $400M Bet on Blue Ammonia: Industry Giants Push Carbon Capture in Louisiana π Linde Signs Long-Term Agreement to Supply Industrial Gases to World-Scale Low-Carbon Ammonia Facil...
Aemetis Biogas Receives CARB Approval for Seven RNG Pathways
Dairy Based Renewable Natural Gas from Seven Digesters Averages Negative 384 Carbon Intensity Aemetis Receives CARB Approval for Seven Dairy Digesters Under LCFS CUPERTINO, Calif., June 27, 2025 ...
Ohmium and Toyota Kirloskar Motor Sign MoU to Advance Hydrogen-Based Solutions in India NEWARK, Calif. & BANGALORE, India -- Ohmium International, a leading provider of Proton Exchange Membran...
TOPOLOBAMPO, Mexico -- The Sembrando Vida Program and Pacifico Mexinol (Mexinol), a subsidiary of Transition Industries, have signed the first partnership agreement between the Sembrando Vida progr...
Milkywire Announces 15 New Carbon Removal Purchases and 3 Grants After Extensive Selection Process
Thanks to our corporate supporters, Milkywire has financed climate solutions through its Climate Transformation Fund (CTF) since 2021 to help reach global net zero. Catalyzing the nascent carbon re...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.