Renewable natural gas (RNG)

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Chevron's Low-Carbon Buildout Deserves a Closer Look Now
ZACKS· 2025-07-11 12:36
Group 1: Chevron's Strategic Shift - Chevron Corporation is actively changing its energy mix by developing renewable fuels and solutions for carbon emissions management, integrating sustainability into its core operations [1][2] - The company has formed partnerships with CalBio, Brightmark, and Bunge to enhance its production of renewable diesel and renewable natural gas (RNG), with new projects like the Geismar biorefinery and an oilseed processing plant in Louisiana indicating significant growth in these sustainable efforts [1][9] - Chevron's strategy includes embedding renewable solutions into its operations, expanding raw material usage for fuels, and establishing a presence in hydrogen production and carbon capture technology [2][9] Group 2: Long-term Outlook and Competitive Edge - These initiatives are viewed as a long-term safety net rather than immediate replacements for Chevron's traditional energy business, providing a competitive edge as government policies and energy pricing evolve [3] - The company's low-carbon infrastructure includes early examples such as electrolyzers in Utah and carbon dioxide storage facilities at Bayou Bend [2] Group 3: Industry Comparisons - Other energy giants like ExxonMobil and Shell are also investing heavily in cleaner energy, with ExxonMobil planning to spend up to $30 billion by 2030 on emission-reducing projects and Shell planning to invest $10-15 billion in low-carbon solutions by 2025 [4][5] - ExxonMobil's Baytown facility is becoming a major "blue hydrogen" production site, while Shell's Holland Hydrogen I project in Rotterdam is a key part of its green strategy [4][5] Group 4: Market Performance - Chevron's shares have increased by more than 6% this year, outperforming the Oil/Energy sector's increase of 3% [6] - The stock is currently trading at a premium in terms of price-to-book value compared to the industry average [8]
Gevo’s RNG Subsidiary Closes $40 Million in New Bond Sales, Refinances Debt, and Strengthens Gevo Balance Sheet
Globenewswire· 2025-07-10 20:05
Company Overview - Gevo, Inc. is a diversified energy company focused on producing renewable products, including synthetic aviation fuel, motor fuels, and chemicals, aimed at enhancing energy security and supporting rural economic growth [4] - The company operates one of the largest dairy-based renewable natural gas (RNG) facilities in the U.S. and has an ethanol plant with a carbon capture and sequestration facility [4] Recent Financial Developments - Barclays Capital Inc. has purchased $40 million of newly issued non-recourse tax-exempt private activity bonds for Gevo's subsidiary, Gevo NW Iowa RNG, LLC, which will refinance $40 million of previously issued bonds [1] - This refinancing allows Gevo to release $40 million of restricted cash and improve its balance sheet liquidity by approximately $30 million after transaction costs [1][2] Renewable Natural Gas Operations - Gevo RNG generates RNG by collecting manure from dairy farms and using anaerobic digesters to produce biogas, which is refined for use as a sustainable transportation fuel [3] - The company has received CARB certification for a carbon intensity score of negative 339 gCO2e/MJ, which will be used for California's Low Carbon Fuel Standard credits, potentially yielding over 175,000 metric tons of greenhouse gas emissions reductions annually [3] Future Plans - Gevo plans to release additional restricted cash later in the year by refinancing the remaining balance of the previous bonds through another series of 2025 Bonds [2] - The company is exploring opportunities for scaling and margin expansion in its RNG business and aims to leverage synergies with its other business lines [3]
CHAR Technologies Announces $8 Million BMI Group Investment in Thorold Renewable Energy Facility and the Signing of the Strategic Partnership Definitive Agreements
Globenewswire· 2025-07-10 12:00
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce that CHAR Tech and The BMI Group (“BMI”), a leading industrial development company, have signed the formal agreements for the funding arrangement of CHAR Tech Thorold Renewable Energy Facility (“Funding Arrangement”). As part of the agreements, BMI has made an $8 million project-level equity investment directly into the CHAR Tech Thoro ...
Gevo to Participate in Virtual Fireside Chat
Globenewswire· 2025-07-08 13:00
Core Insights - Gevo, Inc. is hosting a virtual fireside chat featuring its CFO and VP of Finance and Strategy on July 9, 2025, at 10:00 am ET, aimed at engaging investors and interested parties [1] Company Overview - Gevo is a diversified energy company focused on providing cost-effective, drop-in fuels that enhance energy security, reduce carbon emissions, and support rural economic growth [2] - The company utilizes innovative technology to produce renewable products, including synthetic aviation fuel (SAF), motor fuels, and chemicals, contributing to U.S.-made solutions [2] - Gevo operates one of the largest dairy-based renewable natural gas (RNG) facilities in the U.S., converting by-products into clean energy, and has an ethanol plant with a carbon capture and sequestration (CCS) facility [2] - The company is recognized for owning the world's first production facility for specialty alcohol-to-jet (ATJ) fuels and chemicals [2] - Gevo's market-driven "pay for performance" approach ensures value delivery to the local economy while promoting transparency and efficiency in the supply chain through its Verity subsidiary [2]
Clean Energy Fuels (CLNE) Earnings Call Presentation
2025-07-04 08:52
Company Overview May 2025 1 Safe harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements about, among other things, the ability of Clean Energy Fuels Corp. (the "Company") to provide alternative fuels for transportation. Forward-looking statements are statements other than historical facts and relate to future events or circumstances or th ...
Kinder Morgan (KMI) 2021 Earnings Call Presentation
2025-07-01 10:29
Acquisitions and Divestitures - Kinder Morgan acquired Northeast Transport & Storage Assets for $1225 million[8], with ~41 bcf of FERC-certificated storage capacity and ~3 bcfd of aggregate transportation pipeline capacity[11] - The company acquired Kinetrex Energy for $310 million[12], which includes 1 operational landfill-RNG facility with ~04 bcf capacity and expects 3 landfill-RNG facilities operational by 2022 end with total capacity of 35 bcf[17] Financial Performance and Projections - The company's 2021 forecast EBITDA is $79 billion[23] - The company has a $2 billion share buyback program with over $14 billion of program capacity remaining[23] - The company's 2021 expected Net Debt / Adjusted EBITDA is 40x[25] Market Position and Strategy - The company moves ~40% of US natural gas consumption & exports[19] - The company's stable cash flows are with ~72% take-or-pay or hedged earnings[26],[79] - The company has a $13 billion project backlog with ~64% allocated to natural gas projects[25],[83] Energy Transition and Renewables - The company's CO2 transport capacity is ~15 bcfd with ~1500 miles of CO2 pipelines[18] - The company handled nearly 260 mbbld of ethanol, biodiesel, & renewable diesel in 2020[69]
Waste Connections (WCN) Earnings Call Presentation
2025-06-26 13:20
Investor Presentation Q2 2024 SAFE HARBOR STATEMENT This document contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 ("PSLRA"), including "forward-looking information" within the meaning of applicable Canadian securities laws. These forward-looking statements are neither historical facts nor assurances of future performance and reflect Waste Connections' current beliefs and expectations regarding future events and ...
Southern's Units Expand RNG Portfolio, Boost Clean Energy Goals
ZACKS· 2025-06-26 13:06
Key Takeaways Virginia Natural Gas and Chattanooga Gas have completed new renewable natural gas purchases. The RNG purchases are expected to avoid 18,978 metric tons of CO2e emissions over their lifecycle. Supportive laws in Virginia and Tennessee enable SO's utilities to invest in RNG and recover related costs.Southern Company’s (SO) subsidiaries, Virginia Natural Gas and Chattanooga Gas, have taken a significant step forward by completing new purchases of renewable natural gas (“RNG”). This move further ...
Southern Company Gas expands clean energy portfolio with new renewable natural gas agreements for its Virginia and Tennessee subsidiaries
Prnewswire· 2025-06-25 15:45
Core Viewpoint - Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have made renewable natural gas (RNG) purchases that are expected to avoid 18,978 metric tons of CO₂e emissions, equivalent to the carbon sequestered by 19,036 acres of U.S. forests in one year [1] Group 1: Renewable Natural Gas (RNG) Overview - RNG is produced from naturally occurring methane from landfills, agricultural waste, wastewater, and food waste, significantly reducing greenhouse gas emissions by capturing methane before it enters the atmosphere [2] - RNG is compatible with existing natural gas infrastructure and appliances, facilitating a transition to a more sustainable energy source [2] Group 2: Company Initiatives and Goals - Southern Company Gas aims to deliver cleaner fuels as part of its commitment to sustainability, with a goal of achieving net-zero direct greenhouse gas emissions from operations by 2050 [3] - The recent RNG purchases are part of a broader initiative to support emission reduction efforts and follow the company's first RNG purchases in 2023 [3] Group 3: Legislative Support - The RNG deal is supported by policies in Virginia and Tennessee, including Virginia's Energy Innovation Act and Sustainable Gas Program, which encourage RNG production and delivery [4] - Tennessee's Natural Gas Innovation Act allows natural gas utilities to pursue cleaner energy options and reflect innovative natural gas costs in their pricing [4] Group 4: Future Projects - Virginia Natural Gas has announced a collaboration with the Hampton Roads Sanitation District to create a facility that will convert biogas from organic waste into RNG [4]
CHAR Tech Announces Extension of Term Warrants, RSU and Options Grant
Globenewswire· 2025-06-20 12:00
TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES) a leader in sustainable energy solutions, announces that the Board of Directors has approved the amendment of up to 2,750,000 common share purchase warrants (the “Warrants”). The Warrants were part of the Unit Offering with ArcelorMittal XCARB S.à r.l. (“ArcelorMittal”), as previously announced July 5th, 2023, have an exercise price of $0.70, and will currently expire on July 5th, 2025. Starting on J ...