over $1.5 billion of assets with businesses in the energy, Brightmark, said, I am very excited about the incredible strength, For more information, visit https: . A local dairy operation is becoming more sustainable. Brightmark is transforming organic waste into renewable natural gas and creating innovative approaches to the plastics renewal process through science-first strategies and powerful partnerships. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. Brightmark's subsidiary, RES Polyflow, designs, manufactures and implements commercial scale energy recovery systems that offer a responsible end of life solution for non-recycled waste plastic.. At full rates, the plant will produce a combined total of about 18 million gallons per year of diesel and naphtha, and six million gallons of wax annually. A nurturing culture that values diverse ideas, traditions, heritages, and experiences. ", "As agriculture and technology continue to advance and evolve, it has become apparent now more than ever that these two industries need to work hand in hand for the sake of our environment and those that inhabit it," said Lynn Boadwine, owner of Boadwine Farms, Pioneer Dairy and Mooody Dairy. All Rights Reserved. In the future, we might have more going on in water and electrical infrastructure. Eco tip: Celebrate Womens History Month and environmentally conscious efforts by supporting local women-owned businesses. This is a huge point of differentiation in Brightmarks technology versus any other technology currently on the market.. To add symbols: Type a symbol or company name. The company is aiming to process 100,000 tons of plastic next year, its first year of full-time. The companys goals are to divert 8.4 million tons of plastic waste from landfills and the natural environment, and to offset 22 million metric tons of greenhouse gas emissions, by 2024. landfills for thousands of years or littering our communities and implements commercial scale energy recovery systems that offer a This Houston-based company is worth considering as a stock to hold since renewable natural gas use needs LNG technology and distribution. Most LFG is used to produce electricity. ", "We are excited to achieve another milestone in our partnership with Brightmark," said Andy Walz, president of Chevrons Americas Fuels & Lubricants. Since RNG production and use are on the rise, it could also power your investment portfolio to new heights. RNG stocks with solid yields are in our renewable natural gas roundup. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. A total of 136 full time originated generation opportunities.. The Ashley, Indiana, plastics renewal facility under construction. And about renewable natural gas (RNG) stocks? To read this article on Zacks.com click here. With a P/E ratio of 24.16 and a dividend yield of 3.28 percent, Dominion Energy is rated a buy by analysts. Northeast Indiana. As part of the financing closure, Brightmark became the Today, that discovery is still the heart of the Zacks Rank. Importantly, the company organizes lifecycle carbon-negative projects all over the world to improve ecological health with significantly less waste and for economical advancement. businesses first, enabling them to take control of their costs, For the best MarketWatch.com experience, please update to a modern browser. Clean energy investors may not want what is still considered a fossil fuel stock. Were mission-oriented, and we seek partners who share our mission.. Chevrons objective is to improve the development process of reliable and affordable energy and to invest in companies addressing greenhouse gas emissions as stated by Andy Walz, president of Americas Products for Chevron. The joint venture will provide funds for the infrastructural developments and commercial transactions of dairy biomethane projects in multiple states of the United States. Offset 4.73 million metric tons of CO2 with our renewable natural gas and plastics renewal projects, Divert 8.4 million metric tons of plastic from landfills or the environment, Use that plastic waste to produce the feedstocks necessary to remake plastics and create a truly circular process. A total of 136 full time manufacturing jobs will be created in Northeast Indiana when all phases of the 112,000 square foot facility are operational. ACES has rewarded its environmentally conscious investors with a three-year return of 38.95 percent. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. In addition to the companies you learned about above, we invite you to learn more about profiting from the upcoming presidential election. We are focused on lowering the carbon intensity in our operations and growing lower carbon businesses along with our traditional business lines. RNG can power more than natural gas vehicles and electric plants. Boadwine Dairy in Baltic is taking manure and turning it into renewable natural gas through the use of their new methane digesters. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the companys control and are difficult to predict. One of the worlds major oil producers, BP, is expanding, through a partnership with Aria Energy, into the production of renewable natural gas from dairy farms. Brightmark RNG Holdings LLC - a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider - delivered first gas at its Athena Project in Minnehaha County, South Dakota. JIG is a private investment firm, which manages Chevron Corporation published this content on 07 October 2020 and is solely responsible for the information contained therein. life including items that cannot readily be recycled, like plastic When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Brightmark CEO Bob Powell at the Ashley, Indiana plastics renewal plant. Brightmark RNG Holdings LLC is a joint venture between Brightmark and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), to own project companies across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). We can take all plastics, grades #1 to #7, explained Powell. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Some investors are looking for a dividend yield for income or reinvestment to grow their portfolios. have already acquired control of one operating combined heat & Brightmark Energy, founded in 2016, is focused on turning solid waste into sustainable fuel. Methane generated by the manure from the Athena Project is expected to be captured, cleaned, and converted into RNG, which can be used for transportation, cooking, or electricity. Theyre a subsidiary of SK Innovation that makes advanced materials for automotive, electronics and telecommunications producers, as well as consumer products. Brightmark secured an initial equity and debt commitment of up RNG can be converted into compressed natural gas (CNG), or liquified natural gas (LNG), both of which can be used as a transportation fuel. Words or phrases such as "anticipates," "expects," "intends," "plans," "targets," "advances," "commits," "drives," "aims," "forecasts," "projects," "believes," "approaches," "seeks," "schedules," "estimates," "positions," "pursues," "may," "can," "could," "should," "will," "budgets," "outlook," "trends," "guidance," "focus," "on track," "goals," "objectives," "strategies," "opportunities," "poised," "potential," "ambitions," "aspires" and similar expressions are intended to identify such forward-looking statements. I write about the amazing things happening in the world of industry. See Related: Best Weapon Free Funds to Invest In Today. Ameresco is a growth option for investors with higher risk tolerances or for those looking to profit over a more extended period. Cookie Notice (). lower carbon emissions and increase operational reliability. Were pleased to have this opportunity to offer a Atlantica Sustainable Infrastructure stands to gain as the U.S. and other countries turn to clean energy options. As you consider these equities and ETFs, note how these RNG options range from conservative to growth. Waste solutions company Brightmark is converting plastic waste into fuel at its plant in Indiana. scale. bob.powell@brightmarkenergy.com, By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Do Not Sell My Data |. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. A fully engaged team that is driven by discipline and accountability. Business Intelligence Group recognizes Brightmarks Ashley, Indiana Plastics Renewal Facility as Sustainability Initiative of the Year. Read more on why Bob is credited as a Peace Maker during a time when local opposition arises in this exclusive article authored by Geoff Giordano in Continue reading Brightmark CEO Featured in Plastics Engineering Magazine. At Brightmark, we respect your right to privacy and value our relationship with you as a user. The 2022 Northeast Indiana Manufacturing Awards highlighted some of the outstanding products being created in Northeast Indiana. Put On The Gas. An environment that thrives on a positive approach to work while executing with a sense of urgency. It may not have a strong enough interest in RNG for activist investors. A fully engaged team that is driven by discipline and accountability. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Oils $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Its shares have outperformed the Zacks Oil & Gas Integrated industry in the past 6 months. Do Not Sell My Personal Information (CA Residents Only). Brightmark Energy serves customers in the United States. Copy and paste multiple symbols separated by . and GREENDALE, WI August 24, 2022 Brightmark, a global waste solutions provider, and Jamar Health Products, a Wisconsin-based health care product manufacturer, today announced a strategic partnership to recycle plastic medical waste. Equity investments from both companies will fund construction of the projects, and Chevron will purchase the RNG they generate, to sell as fuel for vehicles operating on compressed natural gas. Copyright 2023 Surperformance. This renewable energy company focuses on the production and distribution of renewable natural gas as compressed natural gas (CNG) and liquified natural gas in the U.S. and Canada. Brightmark and Chevron's targeted ten-fold increase in RNG volumes by 2025; and (ii) adoption of Xebec's SMR based technology for green hydrogen production from RNG as noted in this press release. A nurturing culture that values diverse ideas, traditions, heritages, and experiences. SOCGPs profitability is rising, but its stock price could make it a bargain. We work hard every day to create a world without waste and find ways to positively impact our environment, partners, and the communities around us. See Related: Best EV Charging Station Stocks. SAN FRANCISCO Brightmark Energy, the global waste solutions leader that is building a plastics-to-fuel conversion plant in Ashley, today announced that it has dropped the word "Energy . Brightmark is a growth stock with a higher beta, but its quarterly revenue growth of more than 800 percent is higher than the sector average. For this reason, we chose a variety of RNG stocks, including riskier stocks that will grow over time as well as conservative and well-diversified options that would be safer closer to retirement. We believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. healthcare, real estate, technology and bioscience industries. The focus isnt entirely on renewable natural gas. Company profile page for Brightmark Energy LLC including stock price, company news, press releases, executives, board members, and contact information Brightmark has been working on solutions to the two environmental challenges domestically for a while now. Create your Watchlist to save your favorite quotes on Nasdaq.com. Clean energy generation firm announces a Xebec trades on the Toronto Stock Exchange under the symbol (TSX: XBC). By subscribing, you're agreeing to receive future communications and updates from Brightmark. Equity investments by each company in the new venture will fund construction of infrastructure and commercial operation of dairy biomethane projects in multiple states. All Rights Reserved. "Achieving first gas at the Athena Project marks another major milestone as Brightmark continues to scale and expand our RNG production footprint throughout the country," said Bob Powell, founder and CEO of Brightmark. Compartment A, ISIN code FR 0006174348, stock symbol: BVI. Watch how a seven-year-old boy, a toy dinosaur, and Brightmark are changing this. Rated a strong-buy in December 2021, Archaea Energy has growth potential as well as stability. Thats a big plus over traditional recycling, in which only certain grades can be economically recycle and the rest are landfilled or incinerated. Brightmarks subsidiary, RES Polyflow, designs, manufactures and Located in Ashley, Indiana, that plant is slated to start up in the first half of this year. bonds. Brightmark is focused on self-originated and developed, customer 1725 Montgomery St, Floor 3, San Francisco, CA 94111, 2023 Brightmark. In this episode, we hear how she became a sponge for product design, figured out how to make accessible yet high-end jewelry, and how she even relocated to China for the better part of a year to personally see to her brand's manufacturing. World-class systems to ensure uncompromised safety, quality, and operational excellence. The 2.4 billion pounds is a huge quantity - for comparison, the U.S. exported 1.46 billion pounds of all scrap plastics throughout 2019. Brightmark Energy, a San Francisco-based waste and energy development company, today broke ground on the nation's first commercial-scale plastics-to-fuel plant in Ashley, Indiana. For an investor whos looking for broad exposure to Environmental, Social, and Governance (ESG), this exchange-traded fund includes environmentally conscious stocks from U.S.-based companies, including ones that produce and market renewable natural gas. A recognized leader in liquified natural gas and liquified RNG, Some may see LNGs use of non-renewable natural gas as a negative, Partnership with Brightmark boosting dairy-derived RNG, CLNE looks to expand RNG use through customer stations across the U.S. and Canada, Trades in environmental credits from selling RNG. naphtha blend stocks and nearly six million gallons a year of commercial single-use plastics and convert them into usable products at commercial Brightmark RNG Holdings LLC has initial projects already underway in Florida, Michigan, New York, and South Dakota, which adds to Brightmarks existing projects with 23 farms across the country. Brightmark had said the Renewal Georgia project would use its pyrolisis technology to convert hard-to-recycle plastics, like films and styrofoam, into 64 million gallons of low sulfur diesel fuel. Through the deployment of disruptive, breakthrough waste-to-energy solutions focused on plastics renewal (plastic-to-plastic) and renewable natural gas (organic waste-to-fuel), Brightmark enables programs specifically tailored to environmental needs in order to build scalable project solutions that have a positive impact on the world and communities in which its stakeholders live and work. Opinions expressed by Forbes Contributors are their own. Clean Energy Fuels also designs, builds, and operates vehicle fleet customer stations, sells RNG manufacturing equipment, and sells U.S. federal, state, and local environmental credits. Brightmark Energy CEO Bob Powell welcomed attendees to the For more information, visit www.brightmark.com. BP is an excellent option for buy-and-hold investors, plus its dividend yield is 4.4 percent. Brightmark's Sumter, South Carolina, RNG Project. When you learn more about this burgeoning clean energy option, we think youll be interested in adding this sector to your portfolio for future growth. Brightmark was recruited to Georgia with $82 million in incentives, plans to initially turn plastic waste into diesel fuel and chemicals, but its long-term goal is full recycling -- to create new . We want to create a fully circular environment to save the planet we all share, creating a brighter future for current and future generations. Bacteria break down the waste and generate biogas, which is further processed in to RNG. SAN FRANCISCO/SAN RAMON, Calif./STANLEY, NY, Nov. 1, 2021 - Brightmark RNG Holdings LLC - a joint venture partnership between Chevron U.S.A. Inc. and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider - delivered first gas at its Lawnhurst site in Western New York. We are dedicated to discovering and providing circular solutions to some of the world's most pressing waste challengesincluding turning organic waste into renewable energy and closing the loop on plastic waste. SAN FRANCISCO & SAN RAMON, Calif. & MINNEHAHA COUNTY, S.D., August 03, 2022--(BUSINESS WIRE)--Brightmark RNG Holdings LLC a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider delivered first gas at its Athena Project in Minnehaha County, South Dakota. Brightmarks mission is to create significant long-term value Landfills are the third-largest source of methane emissions from humans in the U.S. Having a diversified portfolio has never been easier. At Brightmark, our mission to Reimagine Waste is more than a mission; its our mantra. Check it out. By subscribing, you're agreeing to receive future communications and updates from Brightmark. Choosing the best renewable natural gas (rng) stocks to invest in isnt as simple as picking ones that will produce a healthy return on investment. Learn more about our marine recycling partnership with NOAAs Florida Keys National Marine Sanctuary here.

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