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Publish Date: Tue, 19 Mar 2024, 12:32 PM
March 19 (Reuters) - Viridi Energy said on Tuesday it has acquired a biosolids digester plant in Brunswick, Maine, as part of its plans to develop a facility to convert waste into renewable natural gas (RNG) in the state.
The company will also be partnering with waste recycling firm Casella Waste Systems (CWST.O) , opens new tab to secure a supply of 85,000 tons of biosolids, the organic matter recovered from sewage treatment process, for the facility.
As countries are pushing for a switch to clean energy, RNG derived from biological waste is prized for its potential to replace natural gas and reduce climate-warming emissions.
The privately held company did not disclose any financial details of the deal and the facility is expected to be operational in 2026.
Wilmington, Delaware-based Viridi builds and operates assets that turn organic feedstocks – landfill emissions, animal waste, municipal waste and food waste – into RNG.
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https://www.reuters.com/sustainability/climate-energy/viridi-energy-developing-renewable-natural-gas-facility-maine-2024-03-19/