Pittsburgh-based Montauk Renewables, a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas, and EE North America, a developer, financer, builder, and operator of wind-and-solar farms, recently signed a contract for the delivery of 140,000 tons/year of biogenic carbon dioxide (CO2) over a minimum of 15 years.
“This agreement is illustrative of our commitment to environmental stewardship, leveraging our deep history of the collection and beneficial conversion of pollutants,” Sean McClain, Montauk CEO, said. “This endeavor is more than revenue generation and diversification, it is forging a relationship to actively fight against climate change. Our collaboration with EE North America is the next step in Montauk’s dedication to enhance shareholder value through sustainable, decarbonized fuel sources.”
Under the agreement, Montauk will capture, clean and liquify CO2 at certain Texas facilities and transport it via truck to EENA’s Texas-based e-methanol facility where it will be synthesized to create e-methanol, which is used as a raw material for sustainable green plastics, and as an e-fuel.
Montauk Renewables operates 15 projects in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, and Texas.
EE North America’s parent company, Denmark-based European Energy A/S, has a project pipeline of 50 gigawatts in markets worldwide.