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Aemetis Biogas closes $25 million USDA-guaranteed financing for AD facilities

Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, has announced the closing of its second $25 million (€22.7 million) 20-year term loan.

It was guaranteed by the U.S. Department of Agriculture (USDA) for a total of $50 million (€45.5 million) of Aemetis Biogas project financing, arranged by Greater Commercial Lending (GCL) in the past nine months.

The Aemetis Biogas Central Dairy RNG Project is now fully funded to build biogas digesters and related assets for eight additional dairies using the $9.4 million (€8.5 million) of equity financing already provided by Aemetis and the $25 million (€22.7 million) of new debt financing guaranteed by the USDA.

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