Hasi Invests In Bioenergy Devco's Growth Of Anaerobic Digestion Facilities

Mar 20, 2023•over 2 years ago

AnnapolisRenewable EnergyEnergy

Investors

Irradiant Partners, LpSagewind Capital LlcNewlight Partners LpBioenergy Devco's Maryland Bioenergy Center – Jessup FacilityBioenergy DevcoHasi

Description

Bioenergy Devco, the North American division of BTS Bioenergy, LLC, today announced a $30 million investment by Annapolis-based HASI, (NYSE: HASI), a leading investor in climate solutions. Bioenergy Devco is the global leader in the design, engineering, construction, financing, and operation of anaerobic digestion facilities to recycle organic material and produce renewable natural gas. The financing, secured by Bioenergy Devco's Maryland Bioenergy Center – Jessup facility, which operates in Jessup, Maryland, will support the development of anaerobic digestion facilities across the U.S. to bring sustainable organic waste recycling, reductions in greenhouse gas emissions, and a sustainable energy resource to more communities in North America.

Company Information

Company

Bioenergy Devco

Location

Annapolis, Maryland, United States

About

Bioenergy Devco is a global leader in designing, engineering, constructing, financing, and operating advanced anaerobic digestion facilities. With a 25-year track record of using precision technology to ensure and guarantee performance at the more than 250 facilities it has developed and the more than 150 plants it operates worldwide, BDC’s utility-grade anaerobic digestion is an environmentally sound process that creates a true source of renewable, carbon-negative energy for pipeline and vehicle use. In recycling organic material into natural gas, BDC creates circular economies in local communities, helping cities and companies achieve decarbonization, zero waste, and renewable energy goals while reducing air and water pollution and creating healthier soils.

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