Brightmark, Chevron Expand Cooperation on Dairy Biomethane

Brightmark, Chevron Expand Cooperation on Dairy Biomethane

Brightmark LLC along with Chevron Corporation announced the expansion of their cooperation via their joint venture (JV) Brightmark RNG Holdings LLC through establishing projects to produce and market dairy biomethane, a renewable natural gas (RNG) in US, aa press release issued by Brighmark stated.

The statement elaborated that the additional equity investments of each company in the JV will fund the establishment of infrastructure and commercial operation of 10 dairy biomethane projects, including new sites in Iowa and Wisconsin and additional sites in Michigan and South Dakota.

Furthermore, Chevron will purchase RNG produced from these projects and market them to be used in vehicles operating on compressed natural gas (CNG).

Brightmark RNG Holdings LLC’s subsidiaries currently own RNG projects in New York, Michigan, Florida, South Dakota and Arizona.

Andy Walz, President of Chevron’s Americas Fuels & Lubricants said “This latest expansion with Brightmark advances our strategy of higher returns and lower carbon. Opportunities like these not only reaffirm our commitment to investing in ways that are good for the environment, our consumers and our stockholders, they also bolster our previously announced objective to increase RNG volumes tenfold by 2025 over 2020 volumes.”

For his part, Bob Powell, Founder and CEO of Brightmark noted: « Brightmark’s expanded partnership with Chevron is another positive step forward in the decarbonization of the farming industry. Our carbon-negative projects are successfully reimagining waste and delivering significant environmental benefits while improving economics for our dairy farm partners. We look forward to executing on these new RNG projects with Chevron and partnering with dairy farmers to expand our RNG footprint across the country.”


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