Vision Ridge Partners (Vision Ridge), an investor in sustainable assets, has made an initial commitment of US$100 million to support the establishment and build out of Vision RNG LLC (VRNG), a full-service developer and operator of landfill gas (LFG) infrastructure to capture and process LFG into sustainable renewable natural gas (RNG) assets.
Founded in 2021, VRNG partners with landfill owners by trucking partially processed landfill gas from several landfill sites to an off-site location, where it processes the combined materials and blends it with pipeline quality gas before pipeline injection, thereby creating a sustainable energy source
VRNG will develop, design, build, own, and operate technologies that convert LFG into RNG product. In doing so, VRNG will provide solutions for landfill sites previously considered too small for viable projects and enable landfill owners to repurpose waste materials into a sustainable energy source for today’s consumers, while addressing the adverse environmental impacts of their landfill sites, the company said.
“Landfill gas has long created challenges for landfill owners, the surrounding communities, and the greater environment. VRNG is determined to be part of the solution by developing projects that safely convert waste emissions into projects that are not only marketable, but also environmentally friendly,” said VRNG Chief Executive Officer Bill Johnson. “We are grateful for the support of Vision Ridge, which shares our mission of delivering positive environmental impact, and look forward to a strong partnership as we scale our business.”
VRNG currently manages projects under development across Virginia and Missouri and expects to begin operations in the Q4 2022.