In New York state, Tiger Infrastructure Partners announced that portfolio company Summit Carbon Solutions, developer of the world’s largest carbon capture and storage project, completed its $1 billion equity raise including a $300 million commitment from TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise. SCS is Tiger […]
In New York state, Green Rock Energy Partners LLC, a sustainable infrastructure focused private equity firm which invests in renewable energy companies and projects, acquired a stake in Bio Town Biogas LLC a producer of renewable power that is expanding into renewable natural gas, in partnership with Bio Town Ag and lenders. Green Rock’s announcement […]
In New York state, the White House has unveiled a new strategy and investments as part of a long-term commitment to spur smart development and adoption of sustainable, homegrown fuels across the United States. The President declared new steps to achieve this goal by increasing fuel supply, offering new options for consumers, and reducing gasoline […]
In New York state, Green Rock Energy Partners LLC, a sustainable infrastructure focused private equity firm which invests in renewable energy companies and projects, has officially launched. The firm’s founding, by five seasoned veterans of the traditional commodities sector, reflects the energy industry’s changing tide, away from fossil-based products to carbon-neutral solutions. Green Rock’s investments […]
In New York state, Intercontinental Exchange, Inc has launched the RVO (OPIS) Current Year Future & Argus RVO Current Year Future, based on the OPIS and Argus daily price assessments. Each futures contract is equivalent to 50,000 gallons. ICE offers cash settled RINs futures, including the D6 ethanol and D4 biodiesel (OPIS) (product codes: RIN […]
In New York state, Renovare Environmental, Inc. has entered into a definitive agreement to purchase Harp Renewables and its affiliate, Harp Electric Engineering (collectively “Harp”) for $20 million, comprised of $15 million of common stock and $5 million of cash. Through this acquisition, Renovare will become the premier provider of Digesters across North America and […]
In New York state, Intercontinental Exchange, Inc. announced rapid growth in its U.S. Renewable Identification Numbers (RINs) and European Biofuels derivatives, reflecting the increasing use of biofuels by the road transportation sector to reduce emissions. A record volume of RINs traded on ICE in 2021, equivalent to almost 600 million RINs. In February 2022 approximately […]
In New York state, Summit Cosmetics Corporation (SCC), a global cosmetic ingredient developer and distributor, has executed a Global Distribution Agreement with NXTLEVVEL, a commercial scale manufacturer of next generation biomass derived chemicals, for the distribution of its NXT SOLV product line to the Beauty and Personal Care industry. The agreement is for a five-year […]
In New York state, Waga Energy is joining forces with Steuben County on a Renewable Natural Gas (RNG) project at the county’s Bath landfill. The RNG produced will be injected in the local grid and used as a biofuel to decarbonize mobility. The Steuben County landfill will be the first in the US to adopt […]
In New York state, Waste Advantage Magazine reports the NGO Energy Vision has released its latest report, “The Refuse Revolution,” which assesses alternative fuel options for waste and refuse collection fleets to reduce the environmental impact of the sector. The report also highlights methane emissions associated with refuse disposal and that RNG production from landfills […]
