Brightmark Fund Holdings is now one of the
leading dairy RNG solution providers in the U.S. as it expands its
portfolio with new operational projects in Iowa, Michigan, South
Dakota, Wisconsin, and
Ohio
HOUSTON and SAN
FRANCISCO, Jan. 16, 2025 /PRNewswire/ -- Brightmark
RNG Holdings LLC announced today that it has delivered first gas at
10 renewable natural gas (RNG) projects across the Midwest.
Brightmark RNG Holdings LLC is a joint venture between Chevron
U.S.A. Inc., a subsidiary of
Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC,
a subsidiary of Brightmark LLC.
With today's announcement, the Brightmark RNG Holdings LLC joint
venture now owns and operates 15 RNG projects in the Midwest, a
region that generates nearly 43 percent of the nation's
agricultural products.
This milestone makes Brightmark one of the leading dairy RNG
providers in the United States. To
date, the company has reduced emissions by more than 1.2 million
tons of CO₂eq through its RNG circularity centers, equivalent to
the amount of carbon sequestered by planting and growing nearly 20
million trees for 10 years.
"We're extremely excited to see these projects come online and
begin reducing methane emissions while driving economic development
in local communities," said Bob
Powell, founder and Chief Executive Officer of Brightmark.
"This milestone demonstrates the scalability of these solutions and
determination from farmers to reduce methane emissions in one of
the nation's largest agricultural regions."
Brightmark's process for reducing methane emissions involves
collaborating with farmers to produce RNG through anaerobic
digestion. This process collects organic waste, digests it to
extract methane, and upgrades it into RNG for use as transportation
fuel.
"Delivering first gas at 10 farms is a significant milestone,"
said Nuray Elci, Vice President,
Renewables, Chevron. "Transitioning to a lower carbon intensity
energy economy demands, among other things, ambitious goals,
innovation, and practical solutions. This success highlights
renewable natural gas's potential and fosters new opportunities for
transport, industry, and consumers."
"We're thrilled to implement these innovations on our farm,"
said Jeremy VanEss of VanEss and
Legacy Dairies. "Lower carbon is important to us, and it's exciting
to see this technology become operational and help put our organic
waste to use while striving to reduce our carbon footprint."
"Implementing anaerobic digestion at our farm is not only
environmentally sound but also economically beneficial,"
said Lynn Boadwine of Boadwine Dairy Inc. "Additional revenue
generated from the RNG we produce provides a viable and economic
solution to address recurring waste and makes the transition toward
a lower carbon intensity agriculture more attainable. It's a
win-win."
For more information:
Visit
https://www.brightmark.com/renewable-natural-gas/projects for
more details on their renewable natural gas projects.
About Brightmark RNG Holdings
Brightmark RNG Holdings
LLC is a joint venture between Chevron U.S.A. Inc., a subsidiary of Chevron
Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a
subsidiary of Brightmark LLC. The Chevron-Brightmark renewable
natural gas joint venture operates a nationwide system of RNG
projects, capturing methane from dairy operations for beneficial
use as pipeline fuel.
For more information on Brightmark RNG Holding LLC's renewable
natural gas projects, please visit Brightmark.com.
About Brightmark LLC
Brightmark, LLC is a circular
innovations company with a mission to Reimagine Waste, developing
solutions that make a positive environmental impact on the world
and communities where it operates. Brightmark's established
anaerobic digestion and proprietary Plastics Renewal® technologies
make the company a veteran in a burgeoning marketplace. The company
works across sectors, including agriculture, healthcare,
manufacturing, and transportation, to decarbonize operations,
displace reliance on virgin fossil fuels, and solve circularity
challenges at scale.
Committed to systems change in waste, Brightmark works
collaboratively to address gaps where traditional methods fall
short through its innovative closed-loop approach to recycling and
renewables. To date, Brightmark has repurposed 10 million pounds of
landfill-bound plastics and reduced more than one million tons of
CO2eq from entering the atmosphere through anaerobic digestion. The
company is also deeply committed to conservation, education, and
sustainability career training by partnering with local and
national organizations that help protect land and oceans. For more
information, visit www.brightmark.com.
About Chevron
Chevron is one of the world's leading
integrated energy companies. We believe affordable, reliable and
ever-cleaner energy is essential to enabling human progress.
Chevron produces crude oil and natural gas; manufactures
transportation fuels, lubricants, petrochemicals and additives; and
develops technologies that enhance our business and the
industry. We aim to grow our oil and gas business, lower the
carbon intensity of our operations and grow lower carbon businesses
in renewable fuels, carbon capture and offsets, hydrogen and other
emerging technologies. More information about Chevron is available
at www.chevron.com.
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SOURCE Brightmark LLC
