Stonegate Capital Partners Updates Coverage On Aemetis, Inc. (AMTX) Q2 2025
Aemetis (NASDAQ: AMTX) received an updated coverage report from Stonegate Capital Partners highlighting significant progress in its Dairy RNG platform. The company's 11 digesters produced 106,400 MMBtu of RNG in Q2, generating $3.1M in revenue. A major milestone was achieved with CARB's approval of seven new LCFS pathways at a -384 CI score, increasing LCFS credit value by approximately 120%.
The company secured $83M in Section 48 investment tax credit sales and expects capacity to reach 550,000 MMBtus by year-end and 1.0M MMBtus by end of 2026. Additional developments include a $30M MVR project at their California Ethanol plant projected to reduce natural gas usage by 80% and add $32M annual cash flow starting 2026. The company's India subsidiary is targeting an early 2026 IPO.
Aemetis (NASDAQ: AMTX) ha ricevuto un report aggiornato da Stonegate Capital Partners che evidenzia progressi significativi nella sua piattaforma Dairy RNG. Le 11 digestori hanno prodotto 106.400 MMBtu di RNG nel secondo trimestre, generando 3,1 milioni di dollari di ricavi. Un traguardo importante è stato raggiunto con l'approvazione da parte di CARB di sette nuove pathway LCFS con un punteggio CI di -384, aumentando il valore dei crediti LCFS di circa il 120%.
La società ha assicurato 83 milioni di dollari in vendite di tax credit Section 48 e prevede una capacità di 550.000 MMBtu entro fine anno e di 1,0M MMBtu entro la fine del 2026. Tra gli altri sviluppi, è in corso un progetto MVR da 30 milioni di dollari presso il loro stabilimento californiano di etanolo, che dovrebbe ridurre l'uso di gas naturale dell'80% e aggiungere 32 milioni di dollari di flusso di cassa annuo a partire dal 2026. La controllata indiana punta a un'IPO all'inizio del 2026.
Aemetis (NASDAQ: AMTX) recibió un informe actualizado de Stonegate Capital Partners que destaca avances significativos en su plataforma Dairy RNG. Las 11 digestoras produjeron 106.400 MMBtu de RNG en el segundo trimestre, generando 3,1 millones de dólares en ingresos. Se alcanzó un hito importante con la aprobación por parte de CARB de siete nuevas vías LCFS con una puntuación CI de -384, lo que aumentó el valor de los créditos LCFS en aproximadamente un 120%.
La compañía aseguró 83 millones de dólares en ventas de créditos fiscales Section 48 y espera alcanzar una capacidad de 550.000 MMBtu a fin de año y de 1,0M MMBtu para finales de 2026. Otros desarrollos incluyen un proyecto MVR de 30 millones de dólares en su planta de etanol en California, que se prevé reducirá el consumo de gas natural en un 80% y añadirá 32 millones de dólares de flujo de caja anual a partir de 2026. La filial en India apunta a una OPI a principios de 2026.
Aemetis (NASDAQ: AMTX)는 Dairy RNG 플랫폼에서 중요한 진전을 강조한 Stonegate Capital Partners의 최신 커버리지 보고서를 받았습니다. 회사의 11개 소화조는 2분기에 106,400 MMBtu의 RNG를 생산하여 310만 달러의 매출을 올렸습니다. 주요 성과로는 CARB가 CI 점수 -384의 7개 신규 LCFS 경로를 승인하여 LCFS 크레딧 가치가 약 120% 상승한 점이 있습니다.
회사는 섹션 48 투자세액공제 판매로 8,300만 달러를 확보했으며 연말까지 550,000 MMBtu, 2026년 말까지 1.0M MMBtu의 처리 능력 도달을 예상하고 있습니다. 그 밖의 개발 사항으로는 캘리포니아 에탄올 공장에서의 3,000만 달러 규모 MVR 프로젝트가 있어 천연가스 사용을 80% 절감하고 2026년부터 연간 3,200만 달러의 현금흐름을 추가할 전망입니다. 인도 자회사는 2026년 초 IPO를 목표로 하고 있습니다.
Aemetis (NASDAQ: AMTX) a reçu un rapport de suivi actualisé de Stonegate Capital Partners mettant en avant des progrès significatifs sur sa plateforme Dairy RNG. Les 11 digesteurs ont produit 106 400 MMBtu de RNG au deuxième trimestre, générant 3,1 M$ de revenus. Un jalon majeur a été atteint avec l'approbation par la CARB de sept nouvelles voies LCFS à un score CI de -384, ce qui a augmenté la valeur des crédits LCFS d'environ 120 %.
La société a sécurisé 83 M$ de ventes de crédits d'impôt d'investissement Section 48 et prévoit une capacité de 550 000 MMBtu d'ici la fin de l'année et de 1,0M MMBtu d'ici fin 2026. Parmi les autres développements, un projet MVR de 30 M$ sur son site d'éthanol en Californie devrait réduire la consommation de gaz naturel de 80 % et ajouter 32 M$ de flux de trésorerie annuels à partir de 2026. La filiale en Inde vise une introduction en bourse début 2026.
Aemetis (NASDAQ: AMTX) erhielt einen aktualisierten Coverage-Bericht von Stonegate Capital Partners, der erhebliche Fortschritte auf seiner Dairy-RNG-Plattform hervorhebt. Die 11 Fermenter erzeugten im zweiten Quartal 106.400 MMBtu RNG und erzielten 3,1 Mio. USD Umsatz. Ein wichtiger Meilenstein war die Zulassung durch CARB von sieben neuen LCFS-Pfaden mit einem CI-Wert von -384, wodurch der Wert der LCFS-Gutschriften um etwa 120 % stieg.
Das Unternehmen sicherte 83 Mio. USD aus Verkäufen von Section-48-Investmentsteuergutschriften und erwartet eine Kapazität von 550.000 MMBtu bis Jahresende sowie 1,0M MMBtu bis Ende 2026. Weitere Entwicklungen umfassen ein 30-Mio.-USD-MVR-Projekt an der Ethanol-Anlage in Kalifornien, das den Erdgasverbrauch voraussichtlich um 80 % senkt und ab 2026 32 Mio. USD jährlichen Cashflow hinzufügen wird. Die indische Tochtergesellschaft peilt einen Börsengang Anfang 2026 an.
- RNG production reached 106,400 MMBtu in Q2 generating $3.1M revenue
- CARB approval of seven LCFS pathways increasing credit value by ~120%
- Secured $83M in Section 48 investment tax credits (~$70M cash)
- RNG capacity expected to grow to 1.0M MMBtu/year by 2026
- $30M MVR project expected to add $32M annual cash flow from 2026
- India subsidiary planning IPO in early 2026
- Significant capital expenditure required for expansion projects
- Multiple regulatory approvals still pending for additional pathways
Insights
Aemetis' RNG business shows significant growth potential with new CARB approvals substantially increasing credit values and production capacity set to expand 9x by 2026.
Aemetis' Q2 results reveal its Dairy Renewable Natural Gas (RNG) platform is hitting an inflection point in its growth trajectory. The company produced 106,400 MMBtu of RNG from eleven digesters, generating
The negative CI score is crucial because it represents carbon-negative fuel production - essentially removing more greenhouse gases than created during production and use. With four additional pathways under expedited review, the company is positioned to maximize regulatory benefits. These approvals unlock multiple monetization channels: selling RNG molecules directly, D3 RIN credits (highest-value category under the Renewable Fuel Standard), LCFS credits, and Section 45Z production tax credits.
The company's capacity expansion roadmap is equally impressive - from current production to 550,000 MMBtu by year-end 2025, nearly a 5x increase from Q2 levels. Further expansion to 1.0 million MMBtu by end of 2026 represents approximately a 9x increase from current quarterly production rates. This capacity ramp-up coincides with
The company is also advancing a
Dallas, Texas--(Newsfile Corp. - August 14, 2025) - Stonegate Capital Partners updates coverage on Aemetis, Inc. (NASDAQ: AMTX). Aemetis' results reinforced that the Company's Dairy RNG platform is entering a high-growth phase, supported by regulatory approvals, capacity expansion, and favorable policy developments. Eleven digesters produced 106,400 MMBtu of RNG in the quarter, generating
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Dairy RNG platform entering high-growth phase with 11 digesters producing 106,400 MMBtu in Q2 and CARB approval of seven new LCFS pathways, boosting credit value by ~
120% and supporting capacity growth to 1.0M MMBtu/year by 2026. - Secured
$83M in Section 48 investment tax credit sales (~$70M cash) and 20-year USDA-guaranteed financing, with Section 45Z monetization expected to begin in Q3 as a recurring revenue stream. - Advancing
$30M MVR project at California Ethanol plant to cut natural gas use by80% and add ~$32M annual cash flow starting 2026, while India subsidiary targets early 2026 IPO.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262568
FAQ
What was Aemetis (AMTX) Q2 2025 RNG production and revenue?
How much did CARB's new pathway approvals increase LCFS credit value for AMTX?
What is Aemetis' projected RNG capacity by the end of 2026?
How much investment tax credit sales did AMTX secure?
What is the expected impact of AMTX's MVR project at the California Ethanol plant?
