(Source: Shutterstock.com, Viridi Energy)
Renewable natural gas company Viridi Energy had acquired a biosolids digester plant in Brunswick, Maine that it intends to transform into a waste-to-RNG facility, according to a March 19 press release.
Virdi will use anaerobic digestion to transform biosolids into enough energy to heat more than 3,000 homes for a year, the company said.
Casella Waste Systems Inc., a regional solid waste, recycling, and resource management services company, will manage feedstock collection and delivery logistics for an estimated 85,000 tons of biosolids per year collected from a network of wastewater treatment plants. Once processed, Casella will transport the more stable, post-process digestate to landfill in a form that preserves landfill capacity, lessens the need for stabilization material and reduces transportation distances.
Viridi is currently conducting siting, permitting, and environmental due diligence at the Brunswick site. Retrofit construction of the Brunswick facility is expected to be complete by the second half of 2025, with full operations slated to commence in 2026.
Recommended Reading
Service Companies Innovex, Dril-Quip Complete Merger
2024-09-06 - The combined onshore and offshore services companies Dril-Quip Inc. and Innovex Downhole Solutions, are expected to generate more than $1 billion in annual revenue.
Northampton Affiliate to Partially Acquire Altius Renewables
2024-09-12 - An affiliate of Northampton Capital Partners will acquire all of Altius Renewable Royalties’ outstanding common shares for total consideration of approximately CA$162 million (US$120 million).
FERC Approves Iberdrola’s $2.6B Deal for Avangrid’s Shares
2024-09-06 - Iberdrola, which owns about 81.6% of Avangrid, said in May it would buy Avangrid’s remaining 18.4% stake, held in outstanding shares that Avangrid doesn’t own.
WhiteHawk Badgers Response from PHX on Acquisition Offer
2024-11-12 - WhiteHawk Energy’s move follows months of unsuccessful attempts to engage PHX Mineral's leadership, including a previous stock-for-stock merger proposal in August 2023.
ConocoPhillips Completes $22.5B Acquisition of Marathon
2024-11-22 - ConocoPhillips CEO Ryan Lance said he expects synergies of more than $1 billion on a run rate basis over the next 12 months.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.