Energy, Oil & Gas Magazine Issue 221 July 2024 | Page 114

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come to approach lenders and investors about supporting our RNG project development efforts . and the RNG market was on the rise .
“ We started to look for a viable marketplace and concluded that the gas rights we had acquired to a pair of landfills in North Carolina would work . Through a series of negotiations , we converted those opportunities from potential power projects to renewable biogas projects . These last three years have been dedicated to the development , financing , designing , constructing , and now operating those two facilities . That ’ s pretty much where we stand now — we ’ re always on the lookout for new strategic opportunities , both acquisitions and greenfield developments . We expect there will soon be additional development opportunities to invest in ; we are looking to replicate our successes of the last couple of years .”
Strategic sites
Foothills Renewables and Upper Piedmont Renewables , Evensol ’ s current operational projects , break new ground in more ways than one . As David details : “ Both of the host landfills are owned and operated by Republic Services ( Republic ); the RNG plants are located
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