The RNG will come from fermenters that Vanguard will invest $ 200 million to build in the Northeast, Southeast and Midwest of the United States.
Enbridge will invest approximately $ 100 million in RNG upgrade equipment to convert the farm-derived RNG into pipeline-quality RNG and provide transportation and marketing services to market the gas to U.S. customers.
It is expected that the renewable energies generated as part of the partnership will displace around 110,000 tons of CO2e emissions annually – the equivalent of almost 25,000 fossil-fueled cars off the road.
“We are proud to partner with Enbridge to accelerate the development of renewable energy transformation projects across the country and to help combat climate change,” said John Hanselman, Founder and CEO of Vanguard.
âOur close relationships with leading food manufacturers and retailers through the Farm Powered Strategic Alliance enable us to turn food waste that otherwise harms our environment into a climate-friendly tool to reduce our customers’ carbon footprint.
“Our partnership with a company the size and caliber of Enbridge enables the seamless transfer of the RNG from our farm network to these ESG-conscious participants who are using RNG to decarbonize their thermal energy needs.”
The Farm Powered Strategic Alliance was launched in December 2020 together with the leading food companies Dairy Farmers of America, Unilever and Starbucks. The alliance is committed to developing a circular solution for reducing food waste, recycling and decarbonising the manufacturing and supply chain. “
Bill Yardley, Enbridge Executive Vice President and President of Gas Transmission and Midstream, commented, âAs a leader in the energy transition, Enbridge is committed to achieving net zero greenhouse gas emissions by 2050 and is working with industry leader Vanguard Renewables. that opens up new sources of clean energy and helps companies reduce their emissions.
“This partnership is a great example of how we are advancing low-carbon energies in our natural gas systems.”