STOCK TITAN

Manatee County Selects Nopetro and Johnson Controls to Deliver Innovative Renewable Natural Gas Project

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Johnson Controls (NYSE: JCI) partnered with Nopetro Energy on a $50 million project to design, finance, build and operate a landfill gas-to-renewable natural gas (RNG) facility in Manatee County, Florida.

Construction is expected to begin in 2026 with operations starting in 2027. The facility will capture methane from Lena Road Landfill, upgrade it to pipeline-quality RNG for trucks and buses, and inject it into existing pipelines across Florida's west coast.

Projected impacts include emissions reductions equal to the CO₂ from 5.3 million gallons of gasoline annually, powering > 4,500 homes per year, ~50 construction jobs, and five permanent positions.

Loading...
Loading translation...

Positive

  • Committed capital of $50 million for project development
  • Construction scheduled to begin in 2026
  • Operations expected in 2027
  • Emissions reduction equivalent to 5.3 million gallons gasoline annually
  • Will produce enough energy for > 4,500 homes yearly

Negative

  • Only five permanent jobs projected after construction
  • Project timeline spans multiple years before revenue generation

News Market Reaction

-0.92%
1 alert
-0.92% News Effect

On the day this news was published, JCI declined 0.92%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Project investment: $50 million Construction start: 2026 Operations start: 2027 +5 more
8 metrics
Project investment $50 million Landfill gas-to-RNG facility in Manatee County
Construction start 2026 Expected start of construction for RNG facility
Operations start 2027 Expected commencement of RNG facility operations
Gasoline emissions offset 5.3 million gallons Annual CO₂ equivalent reduced versus car gasoline
Forest carbon equivalent 22,000 acres Approximate forest area needed to capture same carbon
Homes powered 4,500 homes Estimated Florida homes powered per year by RNG output
Construction jobs 50 jobs Approximate construction roles supported by project
Permanent positions 5 positions Long-term roles created when facility is operational

Market Reality Check

Price: $115.49 Vol: Volume 4,317,486 is sligh...
normal vol
$115.49 Last Close
Volume Volume 4,317,486 is slightly below the 20-day average of 4,569,830, suggesting no unusual trading activity ahead of this announcement. normal
Technical Shares trade above the 200-day MA of 100.91 with a price of 118.06, reflecting a pre-existing upward trend.

Peers on Argus

JCI showed a nearly flat move of 0.03% while key peers like CARR, TT, LII, and M...

JCI showed a nearly flat move of 0.03% while key peers like CARR, TT, LII, and MAS were up between roughly 0.76% and 1.44%, and CSL was slightly down -0.51%, indicating mixed but generally constructive sector sentiment rather than a coordinated move tied to this news.

Common Catalyst Among peers, Trane Technologies had separate acquisition-related news, suggesting today’s RNG project is a company-specific collaboration rather than part of a common sector catalyst.

Historical Context

5 past events · Latest: Dec 09 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 09 Retail AI analytics Positive +0.7% Launch of AI-powered in-store analytics via Sensormatic Solutions.
Dec 04 Dividend declaration Positive -0.0% Announcement of regular quarterly dividend of $0.40 per share.
Dec 02 RNG project partnership Positive -0.9% Partnership on $50M landfill gas-to-RNG facility in Manatee County.
Dec 02 Retail traffic update Negative +0.3% Data showing weather-driven declines in U.S. in-store traffic.
Nov 05 Earnings & guidance Positive +8.8% Q4/FY25 results, backlog growth, HVAC sale and FY26 guidance.
Pattern Detected

Recent news flow shows generally positive or strategic updates. Strong fundamental news like Q4/FY results saw a clear positive price reaction, while operational or partnership news sometimes coincided with flat-to-negative moves, indicating that not all positive headlines have translated into gains.

Recent Company History

Over the last few months, Johnson Controls has combined strategic initiatives with steady capital returns. Q4 and FY25 results showed sales of $6.4B for the quarter and $23.6B for the year, with solid adjusted EPS and a $14.9B backlog, driving an 8.84% gain. A regular quarterly dividend of $0.40 per share underscored long-term payouts. Operational updates, including retail traffic analytics and AI-enabled store behavior tools, produced modest reactions. The Manatee County RNG project fits into this pattern of sustainability-focused, partnership-driven growth initiatives.

Market Pulse Summary

This announcement outlines a long-term, sustainability-focused collaboration in which Johnson Contro...
Analysis

This announcement outlines a long-term, sustainability-focused collaboration in which Johnson Controls supports a $50 million landfill gas-to-RNG facility in Manatee County. The project targets emissions reductions equivalent to 5.3 million gallons of gasoline annually, powering more than 4,500 homes and supporting roughly 50 construction jobs and five permanent roles. In context of prior earnings strength and ongoing smart-building initiatives, investors may watch execution milestones in 2026–2027 and the pipeline of similar decarbonization projects.

Key Terms

renewable natural gas (RNG), landfill gas, biogas, methane gas, +1 more
5 terms
renewable natural gas (RNG) technical
"build and operate a landfill gas to renewable natural gas (RNG) production facility"
Renewable natural gas (RNG) is a fuel made by capturing methane released from organic waste—like landfills, farms, or wastewater—and cleaning it so it can replace conventional natural gas. Think of it as recycled gas: it turns waste into a usable energy product that can be sold, piped, or used as vehicle fuel. Investors care because RNG projects create predictable revenue streams, often qualify for subsidies or carbon credits, and reduce regulatory and market risk tied to emissions, affecting long-term cash flow and asset value.
landfill gas technical
"design, finance, build and operate a landfill gas to renewable natural gas (RNG)"
Landfill gas is the mixture of gases, mainly methane and carbon dioxide, produced when organic waste breaks down in a landfill; think of it as the burp from a giant compost pile. It matters to investors because unmanaged gas creates safety, odor and regulatory risks and can carry cleanup costs, while captured gas can be sold or used to generate power, creating a revenue stream and reducing a site’s environmental liability.
biogas technical
"upgrade it into high-quality RNG, a biogas and the lowest-carbon alternative fuel"
Biogas is a renewable fuel made when organic material — such as food scraps, animal manure, or plant waste — breaks down without oxygen, producing a mix of methane and carbon dioxide that can be burned for heat or power. For investors, biogas projects turn waste into a saleable energy product and often qualify for subsidies or environmental credits, so they can provide steady revenue streams but require capital, feedstock supply and regulatory support to be profitable.
methane gas technical
"the facility will capture methane gas from the Lena Road Landfill"
Methane gas is a colorless, odorless hydrocarbon that is the main component of natural gas and a potent greenhouse gas that traps heat in the atmosphere. For investors it matters because methane is both an energy commodity—used for heating, electricity and industrial processes—and an environmental and safety liability: leaks reduce fuel value, raise regulatory and cleanup costs, and can spur stronger emissions rules that affect company profits and asset valuations. Think of it as invisible fuel that can power a business but also acts like a hidden leak in a home's heating system and an accelerating blanket around the planet.
pipeline infrastructure technical
"before being injected into existing pipeline infrastructure to serve customers"
Pipeline infrastructure is the network of pipes, pumping stations and related facilities that move oil, natural gas, water or other fluids from production sites to processing plants and end users. For investors it matters because these assets generate steady fees or toll-like income, constrain how much product can reach market, and are subject to regulatory, safety and outage risks that can affect revenues and the value of companies that own or rely on them — like highways that determine how much traffic can flow and how fast.

AI-generated analysis. Not financial advice.

The first-of-its-kind facility on Florida's west coast will turn waste into clean fuel for local trucks and buses, create jobs, drive lasting economic and environmental benefits

MANATEE COUNTY, Fla., Dec. 2, 2025 /PRNewswire/ -- Nopetro Energy, a vertically-integrated producer, distributor and operator of natural gas solutions across North America, in partnership with Johnson Controls, announced today a $50 million investment to design, finance, build and operate a landfill gas to renewable natural gas (RNG) production facility in Manatee County. The first facility of its kind on Florida's west coast, construction is expected to begin in 2026 with operations commencing in 2027.

Owned and operated by Nopetro, the facility will capture methane gas from the Lena Road Landfill and upgrade it into high-quality RNG, a biogas and the lowest-carbon alternative fuel available. The captured biogas will undergo a purification process before being injected into existing pipeline infrastructure to serve customers throughout Florida's west coast. Since RNG is fully interchangeable with conventional natural gas, it can be seamlessly distributed to end users, providing a domestic, affordable and cleaner fuel option for buses and trucks while helping improve local air quality.

The project is expected to reduce emissions from biogas currently flared at the landfill, eliminating the equivalent of CO₂ produced by 5.3 million gallons of car gasoline each year. This reduction is comparable to the amount of carbon that would be captured by approximately 22,000 acres of forest. When operational, the facility will produce enough renewable energy to power more than 4,500 Florida homes each year. Beyond its environmental impact, the project will support approximately 50 construction jobs and create five permanent positions, generating long-term economic and community benefits for Manatee County and the surrounding region.

"This project reflects what's possible when innovation and collaboration come together to create real impact," said Travis Payne, Nopetro Energy's senior vice president of RNG Development. "By transforming a wasted local asset into something productive, we're helping Manatee County generate new revenue, and set the foundation for a more resilient future for generations."

Through this partnership, Johnson Controls provided preliminary design and engineering for the RNG facility, evaluated monetization strategies and will deliver measurement and verification services for the duration of the project.

"We are proud to partner with Manatee County, and this project is a powerful example of our commitment to create smart, efficient and sustainable solutions in the communities we call home," said Chuck McGinnis, vice president of North America sales and development for Johnson Controls. "Through converting waste into clean energy, we're fostering long-term economic and environmental benefits and helping build a sustainable future for all."

"This is a free revenue source on stuff that we're currently just burning off," said Manatee County Commission chair George Kruse. "We owe it to the taxpayers to try to maximize outside revenue so we can eliminate some of their costs."

Nopetro also partnered with Mead & Hunt, an engineering, procurement and construction services firm, to design and construct the facility.

The Manatee County project expands Nopetro's existing renewable energy platform, which includes its first landfill gas-to-RNG facility in Vero Beach, Florida, and its 15 RNG fueling stations across the state.

ABOUT NOPETRO ENERGY

Founded in 2008, Nopetro Energy is a vertically integrated energy leader focused on the production and distribution of renewable natural gas (RNG) for heavy duty transportation and industrial consumption. The company provides end-to-end energy and transportation management solutions, helping government agencies and companies strengthen fuel independence and create lasting economic value. Nopetro designs, builds, finances and operates both RNG production plants and fueling stations, allowing fleets to transition to this substantially less expensive, cleaner and domestic alternative to diesel. Visit www.nopetroenergy.com to discover how Nopetro is leading the way to a more energy-independent and financially predictable future.

ABOUT JOHNSON CONTROLS

At Johnson Controls (NYSE: JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. 

Building on a proud history of 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.

Visit johnsoncontrols.com for more information and follow @Johnsoncontrols on social platforms.

ABOUT MEAD & HUNT

Founded in 1900, Mead & Hunt is a national architecture, engineering, planning, and construction services firm providing innovative solutions across aviation, transportation, water, energy, food and beverage, and federal markets. With a people-first approach and a commitment to sustainable, forward-thinking design, Mead & Hunt partners with clients to create communities that thrive. Learn more at meadhunt.com.

Contact:
Rachel Gerardi Puretz
rachel.puretz@rbbcommunications.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/manatee-county-selects-nopetro-and-johnson-controls-to-deliver-innovative-renewable-natural-gas-project-302631008.html

SOURCE Nopetro Energy

FAQ

What did Johnson Controls (JCI) announce about the Manatee County RNG project on December 2, 2025?

JCI partnered with Nopetro on a $50 million landfill gas-to-RNG facility in Manatee County with construction in 2026 and operations 2027.

How much investment is involved in the Manatee County RNG project (JCI/Nopetro)?

The partners announced a $50 million investment to design, finance, build and operate the RNG facility.

When will the Manatee County RNG facility start operating and supplying RNG?

Construction is expected to begin in 2026 with operations commencing in 2027.

How much emissions reduction does the Manatee County RNG facility expect to achieve?

The project is expected to eliminate CO₂ equivalent to 5.3 million gallons of car gasoline each year.

What scale of energy output will the Manatee County RNG facility produce?

When operational, the facility will produce enough renewable energy to power more than 4,500 Florida homes annually.

How many jobs will the Manatee County RNG project create during construction and operations?

The project is expected to support about 50 construction jobs and create five permanent positions.
Johnson Ctls Intl Plc

NYSE:JCI

JCI Rankings

JCI Latest News

JCI Latest SEC Filings

JCI Stock Data

70.12B
609.50M
0.23%
93.04%
4.35%
Building Products & Equipment
Air-cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Link
Ireland
CORK