Smithfield Foods and Roeslein Alternative Energy invest another $45M in Monarch Bioenergy JV

March 2, 2020 |

In Virginia, Smithfield Foods, Inc. and Roeslein Alternative Energy (RAE) announced an additional $45 million investment in their Monarch Bioenergy joint venture, which captures methane from hog manure to produce renewable natural gas (RNG) in Missouri. The additional investment will enable the continued implementation of “manure-to-energy” projects on Smithfield’s farms, resulting in RNG generation across 85% of the company’s hog finishing spaces in the state.

This activity builds upon the “manure-to-energy” projects currently in operation across five Smithfield farms in northern Missouri and puts the company one step closer to equipping nearly all its finishing spaces in the state with the technology to produce RNG. The continued progress underscores Smithfield’s industry-leading commitment to sustainability, and is key to achieving the company’s goal to reduce greenhouse gas (GHG) emissions 25% by 2025.

Print Friendly, PDF & Email

Tags: , ,

Category: Fuels

Thank you for visting the Digest.