March 19 (Reuters) - Viridi Energy said on Tuesday it
has acquired a biosolids digester plant in Brunswick, Maine, as
part of its plans to develop a facility to convert waste into
renewable natural gas (RNG) in the state.
The company will also be partnering with waste recycling
firm Casella Waste Systems ( CWST ) to secure a supply of 85,000
tons of biosolids, the organic matter recovered from sewage
treatment process, for the facility.
As countries are pushing for a switch to clean energy, RNG
derived from biological waste is prized for its potential to
replace natural gas and reduce climate-warming emissions.
The privately held company did not disclose any financial
details of the deal and the facility is expected to be
operational in 2026.
Wilmington, Delaware-based Viridi builds and operates assets
that turn organic feedstocks - landfill emissions, animal waste,
municipal waste and food waste - into RNG.