Aemetis Biogas Completes Initial Construction Phase of Multi-Dairy Digester

Core Insights - Aemetis, Inc. is set to begin biogas production of over 200,000 MMBtu per year by the end of 2024 through its multi-dairy anaerobic digester project in California [1] - The company currently generates approximately 300,000 MMBtu per year of renewable natural gas (RNG) and expects to increase this to about 550,000 MMBtu per year after the completion of new digesters [2] - Aemetis has signed agreements with 48 dairies and plans to add 27 more, aiming for over 1.6 million MMBtu per year of RNG and annual revenues of $250 million when fully operational [3] Company Overview - Aemetis is headquartered in Cupertino, California, and focuses on renewable natural gas, renewable fuels, and biochemicals, aiming to replace petroleum-based products and reduce greenhouse gas emissions [4] - The company operates a biogas digester network and pipeline system in California, converting dairy waste into RNG, and also has ethanol and biodiesel production facilities [4]