FormerXBC Inc XEBEQ

RE:RNG Article - investor backed firms want in

[Zipolitemexico]

There was a piece in this article that mentioned MAAS RNG projects. It noted they had 12 RNG sites under construction and 32 others in development. The actual number in development is now 41 according to their website.

Xebec sold 5 systems to MAAS earlier this year. Hopefull they have an opportunity to build on that sale. 

 

As with most climate initiatives, California is leading biogas efforts in the U.S. The state’s Low Carbon Fuel Standard (LCFS) — which provides incentives for fuel producers to increase the amount of low-carbon or renewable fuels they supply and sell — is a key component of the state’s ambitious climate plan and has catalyzed the rapid growth of a new, lucrative market for RNG as a vehicle fuel.

Companies like Maas Energy Works and California Bioenergy have responded to these incentives by installing digesters at California’s dairy farms at a rapid clip. Maas has built 17 so far, with 12 more under construction and 32 others in development, according to its website. Both companies are racing to take advantage of valuable LCFS incentives.

 

Ciao wrote: Article notes parallels on how solar was funded and the need of investors who want to go big into RNG, this is the start of the S curve in RNG. 

Yale RNG article


And both are among a growing crop of specialized, investor-backed firms that build, own, and operate anaerobic digesters in the U.S. “With every day the industry is gaining more credibility,” Voell says. “We’re seeing more professional third-party companies. And in order to see this scale, it takes those professionals to come in and build 10, 20, 50 projects, and access a lot of equity investors. They want a portfolio of projects to invest in, not just one.”