Brightmark LLC and Chevron U.S.A. Inc. right now introduced the growth of their beforehand introduced three way partnership, Brightmark RNG Holdings LLC, to personal initiatives throughout the United States to provide and market dairy biomethane, a renewable pure fuel (RNG).
Brightmark RNG Holdings LLC’s subsidiaries at the moment personal RNG initiatives in Western New York, Western Michigan, Central Florida and South Dakota. Additional fairness investments by every firm within the three way partnership will fund development of infrastructure and industrial operation of 5 new dairy biomethane initiatives in Michigan and Arizona. Chevron will buy RNG produced from these initiatives and market the volumes to be used in automobiles working on compressed pure fuel.
“Working with Brightmark so as to add new initiatives underpins our dedication to supplying the world with reasonably priced, dependable and ever-cleaner vitality,” mentioned Andy Walz, president of Chevron’s Americas Fuels & Lubricants. “It’s an thrilling time for Chevron as we proceed to assist advance the vitality transition and assist industries and customers that use our merchandise construct a decrease carbon future.”
“We are delighted to increase our partnership with Chevron to additional speed up Brightmark’s mission to reimagine waste and ambition of attaining a worldwide net-zero carbon future,” mentioned Bob Powell, Founder and CEO of Brightmark. “The three way partnership’s present RNG initiatives are on monitor to develop into absolutely operational as deliberate and with this extra funding, we look ahead to extending the attain of our lifecycle carbon destructive initiatives all through the U.S., with plans for future worldwide.”
Brightmark, primarily based in San Francisco, CA, is a worldwide waste options firm with a mission to reimagine waste.
(Source: Chevron – Image: Biomethane digestor)
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