CH4 Energy and Generate Capital are partnering to refurbish an idle anaerobic digester, building a system that will (1) decrease the County’s reliance on fossil fuels, (2) reduce the risk of manure run-off in to the local water supply and (3) process food waste from local industry. Once up and running, the plant will process ~65,000 tons of manure food waster each year (largely from local dairies and food producers/packagers)—producing about 5.2 million kWh/year of electricity (half of which it will sell to the County). Generate Capital invested in a bankruptcy remote SPV operated by CH4 Energy.
- $25M investment
- 17% IRR unlevered
- 4.5-year payback period
- $50M contracted pipeline
