Aemetis Biogas Signs $27 Million Agreement with Centuri to Build Gas Cleanup Systems for 15 Dairy Digesters
Aemetis (NASDAQ: AMTX) has announced a significant $27 million equipment agreement with Centuri Holdings (NYSE: CTRI) for building biogas cleanup systems across 15 dairy digesters. The agreement supports Aemetis Biogas's expansion plans for 50 dairy digesters already under contract. Currently, 16 dairies are scheduled to operate this summer in the Aemetis Biogas Central Digester Project near Modesto, California, featuring 36 miles of biogas pipeline and an operational central biogas-to-RNG facility.
The partnership with Centuri, a $2.6 billion infrastructure services contractor, extends beyond equipment supply to include construction management and pipe assembly for future energy efficiency and carbon sequestration projects. Aemetis's renewable energy portfolio includes plans to generate over 1 million MMBtu of renewable natural gas from 50 dairies, a mechanical vapor recompression system expected to generate $32 million in annual cash flow by 2026, and a carbon sequestration project to inject 1.4 million tons of CO2 annually.
Aemetis (NASDAQ: AMTX) ha annunciato un importante accordo da 27 milioni di dollari con Centuri Holdings (NYSE: CTRI) per la fornitura di attrezzature destinate alla costruzione di sistemi di purificazione del biogas in 15 digestori per aziende lattiero-casearie. L'accordo supporta i piani di espansione di Aemetis Biogas, che ha già contratti per 50 digestori. Attualmente, 16 aziende lattiero-casearie sono programmate per operare questa estate nel progetto Aemetis Biogas Central Digester vicino a Modesto, California, che include 36 miglia di condotte per biogas e un impianto centrale operativo per la conversione del biogas in gas naturale rinnovabile (RNG).
La partnership con Centuri, un appaltatore di servizi infrastrutturali del valore di 2,6 miliardi di dollari, va oltre la semplice fornitura di attrezzature, includendo la gestione della costruzione e l'assemblaggio delle tubazioni per futuri progetti di efficienza energetica e sequestro del carbonio. Il portafoglio di energie rinnovabili di Aemetis prevede la produzione di oltre 1 milione di MMBtu di gas naturale rinnovabile da 50 aziende lattiero-casearie, un sistema di ricompressione meccanica del vapore che dovrebbe generare un flusso di cassa annuo di 32 milioni di dollari entro il 2026, e un progetto di sequestro del carbonio che mira a iniettare 1,4 milioni di tonnellate di CO2 all’anno.
Aemetis (NASDAQ: AMTX) ha anunciado un acuerdo significativo de 27 millones de dólares con Centuri Holdings (NYSE: CTRI) para la construcción de sistemas de limpieza de biogás en 15 digestores de lácteos. Este acuerdo respalda los planes de expansión de Aemetis Biogas para 50 digestores que ya tienen contrato. Actualmente, 16 lecherías están programadas para operar este verano en el Proyecto Central de Digestores de Aemetis Biogas cerca de Modesto, California, que cuenta con 36 millas de tuberías de biogás y una planta central operativa de conversión de biogás a gas natural renovable (RNG).
La asociación con Centuri, un contratista de servicios de infraestructura valorado en 2.6 mil millones de dólares, va más allá del suministro de equipos, incluyendo la gestión de construcción y el montaje de tuberías para futuros proyectos de eficiencia energética y captura de carbono. La cartera de energía renovable de Aemetis incluye planes para generar más de 1 millón de MMBtu de gas natural renovable a partir de 50 lecherías, un sistema de recomprensión mecánica de vapor que se espera genere 32 millones de dólares en flujo de caja anual para 2026, y un proyecto de captura de carbono para inyectar 1.4 millones de toneladas de CO2 anualmente.
Aemetis (NASDAQ: AMTX)는 Centuri Holdings (NYSE: CTRI)와 15개의 낙농용 소화조에 바이오가스 정화 시스템을 구축하기 위한 2,700만 달러 규모의 장비 계약을 체결했다고 발표했습니다. 이 계약은 이미 계약된 50개의 낙농 소화조에 대한 Aemetis Biogas의 확장 계획을 지원합니다. 현재 16개의 낙농장이 캘리포니아 모데스토 인근에 위치한 Aemetis Biogas 중앙 소화조 프로젝트에서 이번 여름 가동될 예정이며, 이 프로젝트는 36마일의 바이오가스 파이프라인과 운영 중인 중앙 바이오가스-재생 천연가스(RNG) 시설을 포함합니다.
26억 달러 규모의 인프라 서비스 계약업체인 Centuri와의 파트너십은 장비 공급을 넘어 건설 관리 및 배관 조립을 포함하여 향후 에너지 효율 및 탄소 포집 프로젝트에도 확장됩니다. Aemetis의 재생 에너지 포트폴리오는 50개 낙농장에서 연간 100만 MMBtu 이상의 재생 천연가스를 생산할 계획이며, 2026년까지 연간 3,200만 달러의 현금 흐름을 창출할 것으로 예상되는 기계식 증기 재압축 시스템과 연간 140만 톤의 CO2를 주입하는 탄소 포집 프로젝트를 포함합니다.
Aemetis (NASDAQ : AMTX) a annoncé un accord important de 27 millions de dollars avec Centuri Holdings (NYSE : CTRI) pour la construction de systèmes de purification du biogaz dans 15 digesteurs laitiers. Cet accord soutient les plans d'expansion d'Aemetis Biogas pour 50 digesteurs déjà sous contrat. Actuellement, 16 fermes laitières sont prévues pour fonctionner cet été dans le projet Aemetis Biogas Central Digester près de Modesto, Californie, comprenant 36 miles de pipelines de biogaz et une installation centrale opérationnelle de conversion du biogaz en gaz naturel renouvelable (RNG).
Le partenariat avec Centuri, un entrepreneur en services d'infrastructure d'une valeur de 2,6 milliards de dollars, va au-delà de la simple fourniture d'équipements et inclut la gestion de construction et l'assemblage des tuyaux pour de futurs projets d'efficacité énergétique et de séquestration du carbone. Le portefeuille d'énergie renouvelable d'Aemetis comprend des plans pour produire plus d'un million de MMBtu de gaz naturel renouvelable à partir de 50 fermes laitières, un système de recompression mécanique de vapeur qui devrait générer un flux de trésorerie annuel de 32 millions de dollars d'ici 2026, ainsi qu'un projet de séquestration du carbone visant à injecter 1,4 million de tonnes de CO2 par an.
Aemetis (NASDAQ: AMTX) hat eine bedeutende Ausrüstungsvereinbarung im Wert von 27 Millionen US-Dollar mit Centuri Holdings (NYSE: CTRI) bekannt gegeben, um Biogasreinigungssysteme für 15 Milchviehdigester zu bauen. Die Vereinbarung unterstützt die Expansionspläne von Aemetis Biogas für 50 bereits vertraglich gebundene Digester. Derzeit sind 16 Milchviehbetriebe geplant, die diesen Sommer im Aemetis Biogas Central Digester Project nahe Modesto, Kalifornien, in Betrieb gehen sollen. Das Projekt umfasst 36 Meilen Biogas-Pipeline und eine betriebsbereite zentrale Biogas-zu-RNG-Anlage.
Die Partnerschaft mit Centuri, einem Infrastruktur-Dienstleister mit einem Volumen von 2,6 Milliarden US-Dollar, geht über die reine Ausrüstungslieferung hinaus und umfasst Bauleitung und Rohrleitungsbau für zukünftige Projekte zur Energieeffizienz und Kohlenstoffbindung. Das erneuerbare Energieportfolio von Aemetis sieht vor, aus 50 Milchviehbetrieben über 1 Million MMBtu erneuerbares Erdgas zu erzeugen, ein mechanisches Dampfkompressionssystem, das bis 2026 einen jährlichen Cashflow von 32 Millionen US-Dollar generieren soll, sowie ein Kohlenstoffbindungsprojekt, das jährlich 1,4 Millionen Tonnen CO2 injizieren wird.
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Insights
Aemetis' $27M agreement with Centuri accelerates their dairy RNG production capacity, strengthening revenue potential and environmental impact.
The $27 million agreement between Aemetis Biogas and Centuri Holdings represents a significant operational milestone in Aemetis' dairy renewable natural gas (RNG) strategy. This deal specifically funds biogas cleanup systems for 15 dairy digesters, accelerating Aemetis' ability to scale its existing portfolio of 50 signed dairy agreements.
The timing is particularly notable as Aemetis already has 16 dairies scheduled to be operational this summer, along with 36 miles of biogas pipeline and a central processing facility already delivering RNG to the PG&E pipeline. This infrastructure foundation provides immediate revenue-generating capacity while the new systems come online.
Beyond the immediate equipment agreement, the strategic relationship with Centuri (a $2.6 billion infrastructure contractor) suggests a significant expansion potential. Centuri's expertise in industrial facilities, gas pipelines, and utility electrical systems positions Aemetis to execute multiple complex projects simultaneously, potentially accelerating their development timeline across various renewable energy initiatives.
The broader context reveals Aemetis' diversified renewable energy portfolio, which includes plans to generate over 1 million MMBtu of RNG from the 50 dairy agreements, a mechanical vapor recompression system expected to generate $32 million in annual cash flow starting in 2026, a carbon sequestration project to inject 1.4 million tons of CO2 annually, and a 78 million gallon/year sustainable aviation fuel and renewable diesel plant that has already secured key permits.
This agreement demonstrates Aemetis' ability to secure strategic partnerships necessary to scale their multi-faceted renewable fuel operations, potentially accelerating the timeline from signed dairy agreements to revenue-generating RNG production.
CUPERTINO, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity renewable fuels, announced today that its Aemetis Biogas subsidiary has signed a
This signed agreement, and expected future agreements with Centuri, will enable Aemetis Biogas to rapidly scale up the construction of dairy digesters to produce renewable natural gas (RNG) for a total of 50 dairies that have already been signed by Aemetis Biogas. This summer, 16 dairies are scheduled to be operating in the Aemetis Biogas Central Digester Project near Modesto, California, with 36 miles of biogas pipeline and a central biogas-to-RNG production facility already in operation delivering RNG into the PG&E utility gas pipeline.
“Our expanding strategic relationship with the experienced team at Centuri ranges from this agreement for biogas equipment to plans for construction management and pipe assembly to build upcoming energy efficiency, carbon sequestration and other projects,” stated Eric McAfee, Chairman and CEO of Aemetis. “We expect that Centuri will play a key role in building Aemetis projects on time and on budget, given their expertise in constructing industrial facilities, large scale gas pipeline projects. and utility electrical systems.”
“Centuri’s vast utility distribution expertise includes a growing number of renewable natural gas projects in multiple geographies, making the work with Aemetis a natural fit,” stated Dylan Hradek, President of US Gas at Centuri. “We expect to add significant value to upcoming projects at the Riverbank site and to support their ongoing work and plans to deliver innovative, renewable energy solutions across their portfolio.”
Aemetis renewable energy and energy efficiency projects include the expansion of dairy renewable natural gas production to generate more than 1 million MMBtu of renewable natural gas from 50 dairies that have signed agreements; the Keyes ethanol plant mechanical vapor recompression system that is expected to generate
About Aemetis
Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California, renewable hydrogen, and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com.
About Centuri
Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.
Safe Harbor Statement
This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results in 2025 and future years; statements relating to the development, engineering, financing, construction and operation of the Aemetis ethanol, biogas, SAF and renewable diesel, and carbon sequestration facilities; our ability to promote, develop, finance, and construct facilities to produce biogas, renewable fuels, and biochemicals; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.
Company Investor Relations
Media Contact:
Todd Waltz
(408) 213-0940
investors@aemetis.com
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Contact:
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FAQ
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