Latest news with #RenewableNaturalGas
Globe and Mail
7 days ago
- Business
- Globe and Mail
Clean Energy Completes $29.5 Million ITC Sale
Clean Energy Fuels Corp. (Nasdaq: CLNE) has announced that, CE bp Renew Co, LLC, its joint venture with BP Products North America Inc., has finalized the sale of $29.5 million in investment tax credits (ITC). This marks the third successful ITC transaction and completes the sale and monetization of all ITCs tied to its six operating renewable natural gas (RNG) projects. This press release features multimedia. View the full release here: Clean Energy's renewable natural gas facility at Tri-Cross dairy, Viborg, South Dakota. The $29.5 million in credits were generated by four of Clean Energy's dairy RNG production facilities: Ash Grove, Marshall Ridge, VF Renewables and Tri Cross, dairies which are located in key agricultural regions in Minnesota, Iowa and South Dakota. These projects collectively have the ability to produce up to an estimated 3.9 million gallons of negative carbon-intensity RNG annually to fuel transportation fleets. 'This transaction highlights the value of our renewable natural gas development portfolio,' said Clay Corbus, senior vice president and head of renewable fuels at Clean Energy. 'As the third successful transaction to fully monetize our RNG projects, it's a milestone which reflects market confidence and positions Clean Energy for further growth in the clean fuel sector.' About Clean Energy Clean Energy Fuels Corp. is the country's largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived by capturing methane from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada as well as RNG production facilities at dairy farms. Visit and follow @ce_renewables on X and LinkedIn. Forward-Looking Statements This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including without limitation statements about: the amounts and timing of renewable natural gas expected to be produced or consumed; the potential development of the market for RNG; the environmental and other benefits of Clean Energy's fuels; the availability of environmental, tax and other government regulations, programs and incentives; and the impacts of legislative and regulatory developments. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the SEC (available at contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.
Business Wire
09-07-2025
- Business
- Business Wire
Centuri Announces Over $550 Million in Customer Awards Across the U.S.
PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) ('Centuri' or the "Company"), a leading, North American utility infrastructure services company, today announced more than $550 million in new customer awards. These awards further showcase the Company's ability to capitalize on opportunities within its current customer base while simultaneously supporting the infrastructure essential to building next-generation energy solutions. The revenue value of the announced awards largely reflects a significant multi-year contract renewal for one of the largest regulated combination utilities in the United States with strategic expansion into adjacent territories. The total also includes a contract to build a Renewable Natural Gas facility in the Northeast, the fourth of its kind for Centuri's union electric division, where the Company will serve as lead project delivery contractor. Today's release comes on the heels of $575 million in awards announced on June 23, 2025. 'These contract renewals with our long-standing natural gas customers supported by significant expansion are a testament to the reputation we have earned as a capable, client-focused, long-term energy infrastructure partner,' said Centuri President and CEO Christian Brown. 'Our ability to provide end-to-end solutions in both natural gas and electric infrastructure not only positions us well to provide a range of solutions to meet our customer's booming power demands but also fortifies our presence in key markets.' About Centuri Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada. Forward-Looking Statements This press release may contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can often be identified by the use of words such as 'will,' 'predict,' 'continue,' 'forecast,' 'expect,' 'believe,' 'anticipate,' 'outlook,' 'could,' 'target,' 'project,' 'intend,' 'plan,' 'seek,' 'estimate,' 'should,' 'may' and 'assume,' as well as variations of such words and similar expressions referring to the future. Forward-looking statements could include (without limitation) statements regarding our confidence in our prospects to deliver value for our stockholders as an independent standalone company and our expectation to continue to build on our track record of delivering consistent growth by serving our customers across the utility value chain. A number of important factors affecting the business and financial results of Centuri could cause actual results to differ materially from those stated in any forward-looking statements. These factors include, but are not limited to, capital market risks and the impact of general economic or industry conditions. Factors that could cause actual results to differ also include (without limitation) those discussed in Centuri's filings filed from time to time with the SEC. The statements in this press release are made as of the date of this press release, even if subsequently made available by Centuri on its website or otherwise. Centuri does not assume any obligation to update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise.
Malaysian Reserve
07-07-2025
- Business
- Malaysian Reserve
Hydron Energy Announces Sale of its First Commercial RNG Production Plant
NORTH VANCOUVER, BC, July 7, 2025 /PRNewswire/ – Hydron Energy Inc. has received the first order for its first of the kind commercial INTRUPTor-Mid biogas upgrading plant. Hydron will manufacture, deliver, and commission the Renewable Natural Gas Plant in eastern Ontario, Canada. 'We are excited to deploy our INTRUPTor solution for production of renewable natural gas. Our team has worked hard to develop and commercialize this breakthrough solution which saves up to 50% in biogas upgrading costs while significantly improving the carbon intensity (CI) value of the RNG project. We'd like to thank our customer for adopting the most advanced biogas upgrading system in the market' said Hydron CEO Soheil Khiavi. 'The timing couldn't be better for the deployment of our product in Ontario. A large number of biogas production facilities are currently on FIT contracts. With many of these contracts coming to an end, there are dozens of farms that are looking into RNG production as a more lucrative alternative. Based on our proven cost savings and high performance, Hydron's superior product will lower both project cost and carbon footprint.' said Hydron SVP of Commercial Operations Mike Winters. Hydron Energy's Intensified Regenerative Upgrading Platform Technology (INTRUPTor™) is a disruptive solution that will revolutionize various market sectors within the gas separation and upgrading industries. Hydron Energy has commercialized this platform technology to produce renewable natural gas (RNG) from anaerobic digesters, waste-water treatment plants, and landfills. The INTRUPTor uses a biomimicry process that operates under ambient conditions and significantly simplifies the plant design as well as fabrication requirements. As a result, the INTRUPTor reduces capital and operating costs by up to 50% and delivers 80% lower greenhouse gas emissions compared to other available commercial products. About Hydron Energy Inc. Hydron Energy is a British Columbia (B.C.) based company that was formed in 2020 and is providing novel clean energy solutions for various applications at lower cost and less carbon emissions. To learn more, visit
Cision Canada
07-07-2025
- Business
- Cision Canada
Hydron Energy Announces Sale of its First Commercial RNG Production Plant
NORTH VANCOUVER, BC, July 7, 2025 /CNW/ - Hydron Energy Inc. has received the first order for its first of the kind commercial INTRUPTor-Mid biogas upgrading plant. Hydron will manufacture, deliver, and commission the Renewable Natural Gas Plant in eastern Ontario, Canada. "We are excited to deploy our INTRUPTor solution for production of renewable natural gas. Our team has worked hard to develop and commercialize this breakthrough solution which saves up to 50% in biogas upgrading costs while significantly improving the carbon intensity (CI) value of the RNG project. We'd like to thank our customer for adopting the most advanced biogas upgrading system in the market" said Hydron CEO Soheil Khiavi. "The timing couldn't be better for the deployment of our product in Ontario. A large number of biogas production facilities are currently on FIT contracts. With many of these contracts coming to an end, there are dozens of farms that are looking into RNG production as a more lucrative alternative. Based on our proven cost savings and high performance, Hydron's superior product will lower both project cost and carbon footprint." said Hydron SVP of Commercial Operations Mike Winters. Hydron Energy's Intensified Regenerative Upgrading Platform Technology (INTRUPTor ™) is a disruptive solution that will revolutionize various market sectors within the gas separation and upgrading industries. Hydron Energy has commercialized this platform technology to produce renewable natural gas (RNG) from anaerobic digesters, waste-water treatment plants, and landfills. The INTRUPTor uses a biomimicry process that operates under ambient conditions and significantly simplifies the plant design as well as fabrication requirements. As a result, the INTRUPTor reduces capital and operating costs by up to 50% and delivers 80% lower greenhouse gas emissions compared to other available commercial products.
Business Wire
27-06-2025
- Business
- Business Wire
EverGen Infrastructure Corp. Announces Appointment of Maria O'Sullivan as Interim CFO
VANCOUVER, British Columbia--(BUSINESS WIRE)--EverGen Infrastructure Corp. (' EverGen ' or the ' Company ') (TSXV: EVGN) is pleased to announce the appointment of Maria O'Sullivan as its Interim Chief Financial Officer (" CFO"), effective immediately. Ms. O'Sullivan will replace Sean Hennessy who has resigned from his role as of the same day. "On behalf of the Board of Directors and the entire team at EverGen, I would like to thank Sean for his leadership and dedication. His contributions have been instrumental in laying the foundation for our platform as a leading renewable natural gas infrastructure company and through our recent transaction," said Chase Edgelow, Chief Executive Officer. "We wish Sean all the best in his future endeavors." Maria is a Chartered Accountant with over 12 years of finance and accounting experience, primarily within in the energy and infrastructure industries. Maria obtained her Chartered Accountant designation at KPMG Ireland, before relocating to Canada. She is experienced with financial reporting for public companies under both IFRS and US GAAP, on both the New York Stock Exchange and the Toronto Stock Exchange. Maria holds a Bachelor of Commerce and French from the University of Galway and a Master of Accounting from University College Dublin. "Maria has been an integral part of the Company since joining and brings strong financial acumen, industry knowledge, and continuity to the role," added Mr. Edgelow. "Her leadership will support a smooth transition as we continue to execute our strategy and scale our renewable energy platform across Canada." About EverGen Infrastructure Corp. EverGen, Canada's Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen Infrastructure Corp. and our projects, please visit Cautionary Statements Regarding Forward Looking Information This news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects', or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', 'forecasts', 'estimates', 'believes', and or 'intends' or variations of such words and phrases or stating that certain actions, events or results 'may' or 'could', 'would', 'might' or 'will' be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, regulatory, competitive, political and social uncertainties and; the delay or failure to receive required approvals (including shareholder, board, third party and regulatory approvals). There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, EverGen assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
