ORIX makes equity investment in RNG
May 11, 2021 5:26:pm
Summary
by: Daniel Graeber
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ORIX makes equity investment in RNG
US financial services company ORIX said May 11 it had completed an equity investment in a biorefinery that uses dairy farm waste as a source for renewable natural gas.
For an undisclosed sum, the company said it was investing in a commercial biorefinery in Wisconsin that processes dairy manure into renewable natural gas (RNG). The facility is operated by BC Organics, which is owned by Dynamic Expansion, a developer and operator of US biofuels projects.
"ORIX is active in renewable energy globally with a track record of strategic investments in solar, wind and biofuel projects,” Neil Winward, the head of strategic solutions at ORIX, said. “With this transaction, we are now leveraging the expertise of our global renewables platform and increasing investment in the biofuel sector in this region as well.”