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

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.