Vision RNG secures $207 million in financing from HASI to construct two LFG-to-RNG projects in Ohio
Significant funding to support ongoing construction on Vision RNG and WIN Waste Innovations’
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The financing package includes both a
“Our partnership with HASI is a major milestone for Vision RNG,” said
With an initial output expected to exceed 2 million MMBtus of RNG annually, the Projects aim to double this production within 11 years, positioning them among the largest RNG developments in the country. The anticipated annual reduction of approximately 120,000 tons of fossil-based carbon dioxide (CO2) emissions underscores the environmental impact of this financing and the projects it will support.
The RNG produced will provide a cleaner alternative for end users seeking to lower their carbon footprints. The projected emissions reductions from these initiatives equate to the estimated CO2 emissions produced by over 12 million gallons of gasoline or 250,000 barrels of oil each year.
Additionally, the projects will stimulate the local economy by creating numerous jobs to support the construction and operation of the Projects, demonstrating the broader economic benefits of this significant investment.
Landfill gas is a natural byproduct of waste decomposition and Vision RNG, with the backing of HASI and in partnership with WIN Waste Innovations, is committed to transforming this waste into a valuable renewable resource, reducing reliance on fossil fuels and contributing to a sustainable energy future.
“HASI is excited to partner with Vision RNG on these two remarkable projects that create low-carbon RNG by capturing methane emissions from landfills,” added
“Converting landfill gases into RNG keeps them out of the atmosphere and provides a resource that is in much demand by the transportation sector,” says
About Vision RNG
Founded in 2021, Vision RNG, supported by
About HASI
HASI (NYSE: HASI) is a leading climate positive investment firm that actively partners with clients to deploy real assets that facilitate the energy transition. With more than
About WIN Waste Innovations
WIN Waste Innovations is a sustainable provider of essential waste and recycling services that believes in preserving the environment for future generations while providing for today's needs. WIN Waste operates a platform of 49 strategically located collection, transfer, and disposal assets, including waste-to-energy facilities, transfer stations, recycling facilities, ash monofills, and landfills, as well as fleets of rail cars and collection vehicles, including electric trash trucks. Annually, WIN Waste recycles more than 109,000 tons of metals from the waste stream and converts more than 5.5 million tons of post-recycled waste into renewable energy — enough to power the equivalent of 294,000 homes for a year. For more information, visit win-waste.com.
* Emissions statistics from epa.gov
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Source: Vision RNG