Viridi Energy Signs 20-Year Agreement With Énergir L.P. to Supply Pipeline-Quality RNG at Scale
24 Julio 2024 - 5:30AM
Business Wire
Under the agreement, Viridi will deliver 650K
gigajoules annually from waste-to-energy assets in Maine,
Wisconsin, and New Hampshire.
Viridi Energy (“Viridi” or “the firm”), a leading renewable
natural gas (RNG) platform, announced today that it has signed a
20-year offtake agreement with Énergir, L.P. (“Énergir”). Énergir,
a Quebec-based diversified energy business, is the largest natural
gas distribution company in Quebec as well as, through
subsidiaries, the largest electricity distributor and the sole
pipeline natural gas distributor in Vermont.
Under the agreement, which begins next year, Viridi will deliver
650,000 gigajoules of pipeline-quality RNG annually to Énergir from
its waste-to-energy facilities in Brunswick, Maine; Marathon
County, Wisconsin; and Bethlehem, New Hampshire. This RNG, which
will account for roughly 50% of the total volume produced at the
respective sites, will create enough energy to heat over 10,000
homes for a year.
“Viridi Energy is proud to announce our new 20-year agreement
with Énergir,” said Dan Crouse, CEO of Viridi. “Énergir has a
proven reputation as a leader in decarbonizing North American
energy. Combined with Viridi's flexibility in sourcing
utility-quality RNG across our growing portfolio of assets, this
partnership will help Énergir achieve its sustainability goal of
carbon neutrality in the energy it distributes by 2050.”
“Thanks to Viridi’s well-established team and expertise, we will
be able to increase RNG volumes within our grid and expand our
solutions designed for all our customers looking to shrink their
carbon footprint. We are looking forward to working together during
this long-term agreement that will help us gradually achieve our
target to inject a minimum of 10% RNG by 2030,” said Vincent
Regnault, Executive Director, Gas Supply and Renewable Gas
Development, Énergir.
This agreement signifies the first major deal completed through
Viridi Energy Marketing and Trading LLC, Viridi’s newly established
commercial arm that makes it easy for buyers to source RNG from any
of Viridi's waste-to-energy facilities.
The three sites from which Viridi will supply Énergir are all
part of its fast-growing pool of RNG assets.
In March 2024, Viridi announced it acquired a legacy biosolids
digester plant in Brunswick where it will process an estimated
85,000 tons of biosolids from local wastewater treatment plants per
year into sustainable RNG; in December 2023, it acquired an
in-progress landfill gas-to-RNG project in Bethlehem that is
expected to produce up to 600,000 MMBtu per year of RNG; and in
March 2023, Viridi announced its partnership with Marathon County
where it will convert the county’s landfill emissions into clean
RNG equal to more than three million gallons of gasoline
annually.
About Viridi Energy
Viridi Energy is a full-service renewable natural gas investor,
operator, and partner founded by a veteran RNG management team.
With the backing of Warburg Pincus and Green Rock Energy Partners,
the firm’s platform builds, owns, and operates RNG assets with
landfill, dairy, wastewater, and food waste feedstocks across North
America. For more information, please visit www.viridirng.com.
Follow Viridi Energy on LinkedIn.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240724881303/en/
Viridi Media: George Spencer BackBay Communications
viridi@backbaycommunications.com