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Aemetis Receives Funds from the Sale of $17 million of Federal Clean Energy Tax Credits
Globenewswire· 2025-12-30 13:00
CUPERTINO, Calif., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable liquid fuels company focused on lower cost and reduced emissions products, today announced that its Aemetis Biogas LLC subsidiary received funds from the sale of $17 million of federal clean energy tax credits, including a Section 45Z Clean Fuel Production Credit (PTC) and a Section 48 Investment Tax Credit (ITC). The transaction included approximately $12 million for a Section 48 ITC gen ...
Reasons Why You Should Hold Republic Services Stock Now
ZACKS· 2025-12-23 17:01
Key Takeaways RSG benefits from rapid urbanization in U.S., lifting waste volumes and supporting steady revenue growth.RSG is expanding Polymer Centers, RNG and energy projects, and new recycling capacity.RSG is electrifying its fleet and returning cash via dividends and buybacks.Republic Services’ (RSG) growth is fueled by North American urbanization, zero-waste adoption and industrial expansion. Investments in polymer recycling, renewable natural gas and fleet electrification strengthen its sustainability ...
Suburban Propane Partners, L.P. Announces Completion of $350,000,000 Issuance of 6.500% Senior Notes due 2035
Prnewswire· 2025-12-22 21:00
WHIPPANY, N.J., Dec. 22, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH) ("Suburban Propane") announced today the completion of its previously announced offering of $350 million aggregate principal amount of 6.500% Senior Notes due 2035 (the "2035 Senior Notes"), in a private offering to "qualified institutional buyers," as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and non-U.S. persons outside the United States under Regulation S under the Sec ...
Suburban Propane Celebrates a Year of Impact Through its SuburbanCares Initiative
Prnewswire· 2025-12-02 14:00
Core Insights - Suburban Propane Partners, L.P. announced the results of its 2025 SuburbanCares community engagement efforts, emphasizing its commitment to philanthropy and community support across the United States [1][4]. Community Engagement Initiatives - In 2025, SuburbanCares engaged over 150 employee volunteers, contributing approximately 600 hours of service across 20 communities, including locations such as Tallahassee, FL, and Twin Falls, ID [2]. - The initiative included partnerships with the American Red Cross and local nonprofit organizations, which were selected by employees, such as Second Harvest of the Big Bend and the Boys and Girls Club of Lancaster [2][3]. Company Commitment and Values - The company’s Vice President highlighted that SuburbanCares reflects the organization’s dedication to service, compassion, and community, with employees playing a crucial role in making a positive impact [3]. - Suburban Propane aims to expand its SuburbanCares initiatives in the future, continuing to drive positive community impact [4]. Company Overview - Suburban Propane is a publicly traded master limited partnership, servicing approximately 1 million customers through about 750 locations across 42 states [5]. - The company focuses on propane, renewable propane, renewable natural gas, and low carbon fuel alternatives, showcasing a commitment to customer service and community engagement [6][7].
Aemetis Receives Authority to Construct Air Permits for MVR Project at California Ethanol Plant
Globenewswire· 2025-12-02 13:00
Core Viewpoint - Aemetis, Inc. is set to enhance its operational cash flow by $32 million annually starting mid-2026 through the implementation of a mechanical vapor recompression (MVR) project at its Keyes ethanol plant, following the issuance of necessary air permits [1][2]. Financial Impact - The MVR project is projected to generate an annual cash flow increase of $32 million post-construction, attributed to energy cost savings, enhanced income from Low Carbon Fuel Standard (LCFS) credits, and increased transferable Section 45Z tax credits [2][8]. - The project has received approximately $19.7 million in grants and tax credits from various entities, including the California Energy Commission and the U.S. Internal Revenue Service [3]. Operational Enhancements - The MVR system aims to reduce natural gas usage at the Keyes plant by approximately 80%, improve operating margins, and lower the carbon intensity of the ethanol produced [8]. - The completion of the MVR project is scheduled for Q2 2026, which will strengthen Aemetis' ethanol operations by integrating energy efficiency and carbon intensity reduction [4]. Strategic Alignment - This investment aligns with Aemetis' decarbonization strategy and complements its dairy Renewable Natural Gas (RNG) program, which includes multiple approved pathways for dairy digesters [6]. - The Keyes ethanol plant has been operational since 2011, supplying animal feed and capturing carbon dioxide for reuse, indicating a commitment to sustainable practices [5].
Anaergia Inc. Schedules Third Quarter 2025 Earnings Release and Conference Call
Businesswire· 2025-11-06 23:30
Core Insights - Anaergia Inc. will release its Q3 2025 financial results on November 11, 2025, after market close, followed by a conference call on November 12, 2025, at 10:00 a.m. ET [1][5][10] Company Overview - Anaergia is a technology company in the renewable natural gas (RNG) sector, holding over 300 patents for converting organic waste into sustainable solutions such as RNG, fertilizer, and water [3] - The company aims to address significant greenhouse gas (GHG) emissions through cost-effective processes and has a proven track record of delivering hundreds of innovative projects over the past decade [3] - Anaergia offers an integrated portfolio of end-to-end solutions, combining solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production [3] Recent Developments - Anaergia S.r.l. has entered a joint venture to supply a C$22 million technology package for a new anaerobic digestion facility in Basilicata, Italy [6] - The company is set to renew an anaerobic digestion plant in Veneto, Italy, nearly doubling feedstock capacity and boosting RNG output by mid-2026 [8] - Anaergia has signed an agreement to provide EPC and O&M services for a renewable natural gas infrastructure project in Riverside, California [9]
Aemetis Reports Third Quarter 2025 Financial Results
Prism Media Wire· 2025-11-06 13:02
Core Insights - Aemetis, Inc. reported a revenue of $59.2 million for Q3 2025, an increase of $7 million compared to Q2 2025, driven by orders from India Oil Marketing Companies and improved ethanol prices and volumes [2][4][6]. Financial Performance - Total revenues for Q3 2025 were $59.2 million, down from $81.4 million in Q3 2024, with the Keyes plant operating at a lower grind rate to maximize margins [7]. - The company experienced a gross loss of $58 thousand in Q3 2025, compared to a gross profit of $3.9 million in Q3 2024 [8]. - Operating loss for Q3 2025 was $8.5 million, worsening from an operating loss of $3.9 million in the same period last year [8]. - Net loss for Q3 2025 was $23.7 million, compared to a net loss of $17.9 million in Q3 2024 [10]. Segment Performance - The Dairy Natural Gas segment produced 114,000 MMBtu from twelve operating digesters, generating $4 million in revenue [6][7]. - The India Biodiesel business reported $14.5 million in revenue, primarily from new allocations converting into sales to India Oil Marketing Companies [7]. Cash Flow and Investments - Cash increased to $5.6 million at the end of Q3 2025, up from $1.6 million in Q2 2025, supporting project execution in India [6]. - The company signed contracts worth $57 million for new equipment purchase and installation for the Mechanical Vapor Recompression (MVR) and dairy RNG projects [4]. Future Outlook - Aemetis plans to sell $20 million of tax credits following the completion of a multi-dairy biogas digester in September 2025 [4]. - The company is targeting an IPO for its India subsidiary in 2026 [6].
Aemetis to Review Third Quarter 2025 Financial Results on November 6, 2025
Globenewswire· 2025-10-31 12:00
Core Viewpoint - Aemetis, Inc. will host a conference call on November 6, 2025, to discuss its third quarter 2025 earnings report [1] Group 1: Conference Call Details - The conference call is scheduled for 11 am Pacific Time (PT) on November 6, 2025 [1] - Participants can join the call using a toll-free number or an international dial-in option [1] - A webcast of the call will be available on the company's website, along with a presentation and recent announcements [2] Group 2: Company Overview - Aemetis is a renewable natural gas and renewable fuel company based in Cupertino, California, founded in 2006 [3] - The company operates a biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas [3] - Aemetis owns a 65 million gallon per year ethanol production facility in California and an 80 million gallon per year biodiesel production facility in India [3] - The company is also developing sustainable aviation fuel, renewable diesel fuel biorefinery, renewable hydrogen, and hydroelectric power projects [3]
IDACORP(IDA) - 2025 Q3 - Earnings Call Transcript
2025-10-30 21:30
Financial Data and Key Metrics Changes - IDACORP's diluted earnings per share increased to $2.26 in Q3 2025 from $2.12 in Q3 2024, with year-to-date EPS rising to $5.13 from $4.82 [3][4] - Net income for Q3 2025 rose by $10.8 million compared to Q3 2024, primarily driven by higher retail revenues and customer growth [14][18] - Operating cash flows through September 2025 were $464 million, up $6 million from the previous year [19] Business Line Data and Key Metrics Changes - Customer base grew by 2.3% year-over-year, with residential customers increasing by 2.5% [5][6] - Retail revenues per megawatt hour increased operating income by $17.6 million, while customer growth added $7.8 million to operating income [14][15] - O&M expenses rose by $4.2 million due to inflationary pressures and wildfire mitigation efforts [16] Market Data and Key Metrics Changes - The company reported a modest decrease in irrigation usage per customer, attributed to higher precipitation and lower temperatures compared to the previous year [15][44] - Despite lower cooling degree days, sales growth remained strong, indicating robust customer growth and operational performance [41][42] Company Strategy and Development Direction - IDACORP is focusing on maintaining customer affordability while supporting growth, with residential rates increasing less than the national average since 2014 [7][8] - The company is advancing key projects, including the Boardman to Hemingway transmission line and the Bennett Mountain gas-fired plant expansion, to meet future load growth [9][10] - A recent settlement in the Idaho general rate case aims to increase annual revenues by $110 million, supporting the company's financial health [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in operational performance, raising full-year EPS guidance to a range of $5.80 to $5.90 [4][22] - The company anticipates continued customer growth, particularly in manufacturing and technology sectors, driven by significant investments in the region [5][6] - Management acknowledged potential economic softening but noted no significant trends of concern regarding customer growth [40] Other Important Information - The company filed its 2026 Idaho Wildfire Mitigation Plan, outlining methods to mitigate wildfire risk [11][12] - The Idaho Commission approved a request for additional pre-collection of Hells Canyon AFUDC, increasing cash collection by about $30 million annually [19] Q&A Session Summary Question: What was in the capital plan for Jackalope, and what are the potential solutions? - Management noted that the Jackalope Wind Project was a significant capital piece, with 600 megawatts of capacity, and they are exploring gas options as replacements [25][26] Question: Can you provide insights on customer growth trends? - Management indicated that while customer growth is steady, there may be slight softening due to economic factors, but no major concerns were noted [40][42] Question: How do you plan to address the loss of the Jackalope Wind Project? - Management stated that they will update the capital forecast in February and are considering incremental resources to replace the lost capacity [77][78] Question: What are the priorities for the next general rate case? - Management is assessing the timing and need for the next rate case, considering various elements including potential tracking mechanisms [68][69] Question: How do you see the ROE outlook with new large load customers? - Management expects that revenues from large load customers will eventually increase ROE above the minimum level of 9.12% [70][71]
WM Announces Third Quarter 2025 Earnings
Businesswire· 2025-10-27 20:30
Core Insights - WM reported strong financial results for Q3 2025, with a revenue increase of 14.9% year-over-year, reaching $6,443 million compared to $5,609 million in Q3 2024 [2][4] - The company achieved double-digit growth in cash flow from operations, driven by disciplined growth, cost optimization, and sustainability investments [1][10] - Adjusted operating EBITDA for the WM Legacy Business grew by 8.7%, with a record operating EBITDA margin of 37.5% in the Collection and Disposal segment [3][4] Financial Performance - Total revenue for Q3 2025 was $6,443 million, up from $5,609 million in Q3 2024, reflecting a 14.9% increase [2][4] - Net income for Q3 2025 was $603 million, compared to $760 million in Q3 2024, resulting in diluted EPS of $1.49 [2][4] - Operating EBITDA for the total company was $1,718 million, with an operating EBITDA margin of 26.7% [2][3] Segment Performance - The WM Legacy Business generated $5,815 million in revenue, a 3.7% increase from the previous year, driven by a 6.0% core price increase and a 3.8% yield [4][10] - The Recycling Processing and Sales segment experienced a revenue decline of $60 million due to lower market prices for recycled commodities, with a nearly 35% drop in blended average prices [4][10] - WM Healthcare Solutions generated $628 million in revenue, slightly below expectations, as the company prioritized customer lifetime value [4][10] Cost Management - Total operating expenses for Q3 2025 were $3,833 million, with an adjusted operating expense margin of 59.5% [5][6] - SG&A expenses for the total company were $665 million, reflecting a margin of 10.3% [6][7] - The company improved adjusted operating expenses as a percentage of revenue for the WM Legacy Business by 160 basis points, attributed to better driver retention and strategic exits from low-margin contracts [5][10] Cash Flow and Investments - The company generated $4.35 billion in net cash from operating activities in the first nine months of 2025, a 12.0% increase from the prior year [10] - Free cash flow for the first nine months was $2.11 billion, a 13.5% year-over-year increase [10] - WM continues to invest in sustainability projects, with four new facilities commencing operations during the quarter [10][11] 2025 Outlook - The company affirms its adjusted operating EBITDA guidance of $7.475 to $7.625 billion and free cash flow guidance of $2.8 to $2.9 billion [10][11] - Total company revenue is expected to be approximately $25.275 billion, at the low end of prior guidance, primarily due to declining recycled commodity prices [10][11] - Projected adjusted operating EBITDA margin guidance has increased to between 29.6% and 30.2% [10][11]