Aemetis : Ethanol Plant Passes $2 Billion Revenues Milestone; Expects $40 Million Annually From Energy Efficiency Project
Aemetis, Inc., a renewable natural gas and renewable fuels company operating in the U.S. and India, today announced that cumulative revenues generated by the Aemetis ethanol plant in California passed the $2 billion milestone. The company also expects improved cash flows from the Mechanical Vapor Recompression (MVR) energy efficiency project that is scheduled to be operational in the first half of 2026.
Located near Modesto, California, the Aemetis Keyes 65 million gallon per year capacity ethanol plant has been operating since 2011, delivering more than 768 million gallons of ethanol ($1.6 billion revenues) to the California market and 5.2 million tons of wet distillers grain ($400 million revenues) that has fed more than 100,000 dairy cows at about 80 dairies a lower cost, high value animal feed.