Top
image credit: Pixabay

Bioenergy Devco secures funding to accelerate anaerobic digestion projects

November 11, 2021

Bioenergy Devco (“BDC”), the leading global developer of anaerobic digestion (“AD”) facilities that transform organic waste into renewable energy and healthy soil products, today announced it has secured $100 million in financing from funds managed by Irradiant Partners (“Irradiant”), an alternative investment manager with expertise in climate infrastructure, private equity and credit. This new capital will support the development of multiple anaerobic digestion facilities to drive sustainable organic waste recycling and reduce greenhouse gas emissions in North America. Irradiant joins BDC’s existing investor base that includes Newlight Partners LP (“Newlight”), a growth equity investment firm, and Sagewind Capital LLC, a New York-based middle-market private equity firm.

Read More on Waste Management World