First State invests in 13 MW Rialto Bioenergy Facility in Southern California

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

First State Investments (FSI) has acquired a 49% stake in Anaergia's Rialto Bioenergy Facility (RBF) located in the USA. Terms were not disclosed.

The RBF is a resource recovery facility under construction in Rialto, California that will provide organic waste recycling and renewable energy generation service to local government authorities and solid waste haulers, who are under a regulatory requirement to divert organic waste from landfills in order to reduce greenhouse gas emissions. In addition to receiving and processing landfill diverted organic waste, the RBF will provide an outlet for reuse of biosolids from wastewater treatment plants. The facility will convert biosolids into a fertilizer product and organic waste into renewable natural gas for use as environmentally friendly and carbon negative transportation fuel.

List of the country updates

Country updates

  • April 08, 2020

    Second tax equity investor for 250 MW Amadeus Wind Farm in Texas

    Berkshire Hathaway Energy will be a second tax equity investor for the 250 MW Amadeus Wind Farm located north of Rotan, Texas, USA.

    Read more
  • April 08, 2020

    Sale of 760 MW natural gas-fired power plant in USA

    Xcel Energy announced today it will sell the Mankato Energy Center, a natural gas-fired power plant, to Denver-based Southwest Generation for $680 million, and plans to use the net gain on the sale to...

    Read more
  • April 08, 2020

    Tailwater Capital closes US$1.1bn fourth energy fund

    Tailwater Capital has achieved financial closing for the Tailwater Energy Fund IV LP with US$1.1 billion in capital commitments, including a co-investment for one of Fund IV’s platform...

    Read more
  • April 08, 2020

    Conway Corp signs 20-year PPA with Lightsource's 132 MW solar project in Arkansas

    The Conway Corporation Board of Directors has approved a 20-year purchase power agreement with Lightsource BP, a global solar leader, for the development of a 132 MWdc solar energy project in White Co...

    Read more
  • April 07, 2020

    Capital Power finalizes takeover of 100.5 MW Buckthorn wind power project in Erath County

    Capital Power Corporation has completed the acquisition of a 100% ownership interest in Buckthorn Wind, a 101 MW wind facility, from co-sellers John Laing Investments and Clearway Renew LLC, a su...

    Read more

Share this update