Amp Americas triples size of its US RNG-fuels portfolio after acquisitions

Amp Americas

Amp Americas, a pioneer and leader company in converting dairy waste into carbon-negative renewable transportation fuel and power, has tripled the size of its dairy renewable natural gas (RNG) to clean fuels portfolio in the US after two strategic acquisitions.

Firstly, the company expanded its partnership with Generate Capital; a leading sustainable infrastructure company that builds, owns, operates, and finances solutions for clean energy, water, waste, and transportation.

After the extended partnership, Generate Capital’s flagship Indiana dairy RNG project assets became part of Amp’ expanding dairy RNG portfolio; with Generate investing in the corporate equity of Amp Americas.

Moreover, the Indiana projects now consist of five digesters; two gas processing plants that capture methane from approximately 1.5 million gallons per day of dairy waste. The assets then purify and compress the methane into carbon-negative renewable transportation fuel.

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Amp Americas now operates seven of the largest RNG to fuels projects in the US

Secondly, Amp Americas acquired a group of RNG project assets in Idaho from Vitol Green Holdings LLC, an affiliate of Vitol. These projects consist of three digesters at two gas processing plants; one electric power generation plant that captures methane from over 940,000 gallons of dairy waste per day.

As a result of these two strategic acquisitions; the company now operates seven of the largest dairy biogas-to-transportation fuel projects in the United States. In fact, it’s currently producing fuel from dairy waste generated by over 100,000 cows across 20 dairies, producing carbon-negative RNG.

Furthermore, following the transactions, John Dannan and Matan Friedman, Generate’s Managing Director and Chief Investment Officer, will join Amp Americas’ board of directors. Dannan said about the matter. “Amp Americas has been a valued decarbonization partner for Generate over the last several years. We are excited to deepen our relationship with (them) through our investment in the company.”

Finally, Grant Zimmerman, Chief Executive Officer of Amp Americas, remarked. “We believe the strength of these acquisitions, combined with our existing asset portfolio, will enable us to continue to make meaningful contributions to the decarbonization of the transportation and agriculture sectors.”

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