NOVA Infrastructure and Nopetro Energy Announce New Renewables Platform
NOVA Infrastructure today announced that it has partnered with Nopetro Energy to create a renewable energy platform focused on renewable natural gas and biofuels called Nopetro Renewables. As part of the transaction, Nopetro Renewables will construct one of Florida’s first landfill-gas-to-RNG facilities in Vero Beach, Florida.
“NOVA’s new RNG-focused partnership with Nopetro Energy capitalizes on the strong, increasing trend towards decarbonization of the natural gas value chain and benefits from Nopetro’s strong track record of commercializing renewable energy projects,” said Chris Beall, founder and managing partner of NOVA Infrastructure.
“Our new platform, Nopetro Renewables, seeks to build and operate renewable energy infrastructure, starting with a shovel-ready landfill-gas-to-RNG project in Vero Beach. Our joint venture will generate significant ESG benefits to all stakeholders, as both compressed natural gas (CNG) and RNG assets play a key role in reducing carbon emissions and facilitating the energy transition.”