Aemetis acquires property near Keyes facility for RNG, CCS projects
The corner property, acquired for $2 million (€1.8 million), is a strategic location for operations supporting the company’s Carbon Zero projects, including dairy RNG and CCS.
Adjacent to the existing Aemetis biogas pipeline, the property is ideally situated at the southeast intersection of Faith Home Road and Keyes Road, approximately half a mile from California Highway 99 – the major north-south route that runs through California’s Central Valley. The property is also half a mile from the Union Pacific Railroad.
The property’s location and level terrain allow for easy access to the Aemetis Keyes facility and major transportation infrastructure.
Aemetis has completed construction and is currently commissioning a centralised gas cleanup facility and utility gas interconnect at the Keyes ethanol plant where dairy biogas will be upgraded to RNG and injected into the gas utility gas pipeline through an interconnection with PG&E.
“The acquisition of the Faith Home property is a key milestone in our RNG and CCS project plans,” said Eric McAfee, chairman and CEO of Aemetis.
“The site’s location close to the Keyes ethanol plant, adjacent to the existing Aemetis biogas pipeline and being easily accessible to major highways is a major step toward deploying new and ongoing Carbon Zero activities.”