Synthica Announces Equity Investment from the Infrastructure Business within Goldman Sachs Asset Management
Synthica recently closed on a large equity investment from the Infrastructure Business within Goldman Sachs Asset Management. This capital will enable us to accelerate development of our facilities to meet growing market demand for renewable natural gas.
There are currently close to 9,000 anaerobic digestion facilities in Germany alone, and over 1,500 operating in the USA.
AD is the best way to extract the energy potential of feedstocks otherwise being discarded, with simple, off-the-shelf technology.
With modern engineering and safety systems, AD plants are some of the safest renewable energy facilities to operate.
AD is fully compatible with existing energy and gas grid systems, and requires no special grid upgrades or enhancements.
“Anaerobic digestion represents a huge opportunity to grow the footprint of renewable energy in the United States using off-the-shelf components and feedstocks that are otherwise wasted.”
“Consumption of fossil-based pipeline gas emits millions of metrics tons of CO2 per year into the atmosphere, and drives costly extraction processes such as fracking – our renewable biomethane fuels are a win-win for both the environment and the economy.”