Fortistar, Rumpke Waste & Recycling, and Chesapeake Utilities Corporation have launched a $33 million Renewable Natural Gas Project in Shiloh, Ohio, aimed at capturing and repurposing landfill methane to reduce greenhouse gas emissions and promote sustainable energy.
Target Information
Fortistar, in partnership with Rumpke Waste & Recycling and Chesapeake Utilities Corporation, has initiated the Noble Road Landfill Renewable Natural Gas (RNG) Project, a significant $33 million investment located in Shiloh, Ohio. This ambitious project aims to extract and convert waste methane from the landfill into Renewable Natural Gas, subsequently distributed via Aspire Energy’s pipeline network, an affiliate of Chesapeake Utilities Corporation. The operation is expected to capture approximately 20,323 tons of methane emissions annually, which equivalently reduces carbon dioxide emissions by around 49,940 tons each year.
In addition to environmental benefits, the project will produce an estimated 6.9 million gallons of gasoline gallon equivalents (GGE) per year, sufficient to fuel approximately 725 biofuel trucks, thereby displacing conventional diesel fuel. This initiative is also expected to create around 35 to 40 construction jobs and three permanent green operations jobs, promoting both sustainable energy generation and local employment opportunities in the community.
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Industry Overview in Ohio
The waste management and renewable energy sectors in Ohio are evolving rapidly, propelled by an increased focus on sustainability and emissions reduction. With an emphasis on greener practices, businesses and state agencies ali
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Fortistar
invested in
Noble Road Landfill
in 2020
in a Other Corporate deal
Disclosed details
Transaction Size: $33M