Meridiam Develops First US Biogas-to-RNG Project
Meridiam has entered into an agreement to develop a biodigester project, located in the State of Idaho near Twin Falls, together with Sevana Bioenergy, as development partner, service provider and long-term co-investor. Meridiam and Sevana will combine their expertise in project development and long-term asset management to focus on creating significant added value to this existing facility.
The project consists of the acquisition of an existing biogas facility which has been in operation since 2011. Currently, the facility produces clean, renewable electricity from the anaerobic digestion of dairy manure that is delivered to the electric grid under a Power Purchase Agreement with Idaho Power. In a second phase to start in Q3 of 2020, the facility will be upgraded to produce renewable natural gas (RNG) that will be marketed under the renewable fuel standard programs in the federal and California market. The anticipated RNG production will be distributed as renewable transportation fuel for commercial vehicles and is estimated to displace approximately 2 million gallons of diesel per year.
By Biomass Magazine