Power Sustainable Infrastructure Credit (PSIC) has closed a US$45 million senior secured financing for Novilla RNG, a nationwide developer, builder, owner, and operator of dairy renewable natural gas (RNG) projects. The financing will support growth capital expenditures, including the construction of two greenfield dairy RNG projects in South Dakota, as well as Novilla’s broader development pipeline. The deal underscores continued private capital momentum behind dairy-based renewable natural gas production across the United States.
Power Sustainable Closes $45 Million Financing for Novilla RNG’s Dairy Renewable Natural Gas Platform
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