Welcome to our dedicated page for Aemetis news (Ticker: AMTX), a resource for investors and traders seeking the latest updates and insights on Aemetis stock.
Aemetis, Inc. (NASDAQ: AMTX) generates frequent news as a renewable natural gas, renewable fuel, and biochemicals company with operations in California and India. Company press releases and third-party coverage focus on developments across its dairy renewable natural gas platform, California ethanol plant, and India biodiesel facility, as well as its participation in state and federal clean fuel programs.
News about Aemetis often highlights progress in its dairy biogas digester network and RNG pipeline system, including the number of operating digesters, production volumes, and approvals of California Low Carbon Fuel Standard (LCFS) pathways. Updates also cover revenue contributions from RNG, D3 RINs, and the monetization of Section 45Z Clean Fuel Production Credits and Section 48 or 48C investment tax credits.
Another recurring theme in Aemetis news is the performance and upgrades at its 65 million gallon per year ethanol plant in Keyes, California. Articles describe carbon intensity reduction initiatives, such as the Mechanical Vapor Recompression (MVR) project, grants and tax credits supporting the project, and the plant’s role in supplying animal feed to dairies in the California Central Valley.
Coverage also addresses Aemetis’ India biodiesel operations, including biodiesel sales to India Oil Marketing Companies and refined glycerin production for customers in India and Europe. Financial result announcements summarize quarterly revenues, segment performance, operating losses, and capital investments in projects like dairy digesters and ethanol carbon intensity reduction.
Investors and observers who follow AMTX news can track regulatory developments affecting ethanol blends, LCFS and federal tax credit programs, as well as updates on Aemetis’ planned sustainable aviation fuel, renewable diesel, and carbon sequestration projects. The news flow provides context on how policy changes, project milestones, and financing arrangements influence the company’s renewable fuels and RNG business.
Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company, has announced the closing of two new credit facilities totaling up to $100 million. These facilities, offered by Third Eye Capital, feature lower interest rates of 8% for capital projects and 10% for working capital. The financing aims to fund projects that reduce carbon intensity, including upgrades to the Keyes ethanol plant and the development of a sustainable aviation fuel plant. Aemetis has also entered into significant supply agreements worth $3.2 billion for renewable diesel and $2.5 billion for sustainable aviation fuel.
Aemetis (NASDAQ:AMTX) announced its 2022 Five Year Plan, projecting $1.5 billion in revenue and $461 million in adjusted EBITDA by 2026. This reflects a compound annual growth rate of 39% in revenue and 79% in EBITDA from 2022 to 2026. The growth is largely driven by dairy Renewable Natural Gas and the Carbon Zero renewable jet/diesel project. The company secured $5.7 billion in offtake agreements and has received substantial grant funding to support its green initiatives.
Aemetis, Inc. (NASDAQ: AMTX) announced that Andy Foster, President of Aemetis Advanced Fuels, has joined the Board of Directors for Opportunity Stanislaus, a regional economic development agency in California. Foster, with extensive leadership experience since Aemetis' founding in 2006, manages substantial renewable fuel projects and investments exceeding $150 million. His appointment is expected to enhance economic growth and job opportunities in Stanislaus County, leveraging a supportive environment for businesses. Aemetis focuses on renewable natural gas and biofuels, aiming to decarbonize transportation.
Aemetis, Inc. (NASDAQ: AMTX) announced its Universal Biofuels subsidiary will build a tallow oil refining facility in Kakinada, India. This facility aims to supply feedstock to Aemetis' biodiesel plant in India and the upcoming sustainable aviation fuel (SAF) and renewable diesel (RD) plant in California. The refinery will process crude tallow oil, expanding the range of feedstocks for biodiesel production. India's new regulations favor biodiesel blending, enhancing market opportunities. The Kakinada biodiesel plant has a capacity of 150,000 metric tonnes annually, processing diverse oils into high-quality biodiesel.
Aemetis, a renewable fuels company (NASDAQ: AMTX), has signed a seven-year offtake agreement with Japan Airlines for 90 million gallons of blended sustainable aviation fuel (SAF). The agreement supports JAL's commitment to reduce conventional jet fuel consumption, targeting 1% by 2025 and 10% by 2030. The SAF blend consists of 40% SAF and 60% Petroleum Jet A, expected to start deliveries in 2025 from Aemetis' planned facility in Riverbank, California. This initiative is part of Aemetis’ mission to lower carbon emissions in aviation.
Aemetis, Inc. (NASDAQ: AMTX) has partnered with SunPower and Schneider Electric to create a nearly 2 MW solar microgrid with 1.25 MW of battery storage at its biorefinery in Keyes, California. The $12 million project, backed by an $8 million grant from the California Energy Commission, aims to generate 3.2 million kWh annually and reduce greenhouse gas emissions by approximately 8,000 MT CO2e each year. The microgrid will enhance energy efficiency and resilience, utilizing an AI-driven control system to lower hardware requirements by 80%.
Aemetis, Inc. (NASDAQ: AMTX) has announced the completion of an additional seven miles of biogas pipeline for its dairy renewable natural gas project, bringing the total installed to over 11 miles. The company plans to construct a total of 36 miles by the end of 2022. This expansion includes five new dairy digesters that are expected to begin production mid-year. The project aims to reduce greenhouse gas emissions by an estimated 5.2 million metric tonnes of CO2 annually and has garnered $57 million in grant funding.
Aemetis, Inc. (NASDAQ: AMTX) announced that CEO Eric McAfee will present at the Credit Suisse Energy Summit on February 28, 2022, discussing $5 billion in new contracts for renewable fuels including Sustainable Aviation Fuel (SAF) and Renewable Diesel. The company has secured $2 billion contracts with major airlines and a $3.1 billion supply contract for renewable diesel. Aemetis is also constructing a Dairy RNG project in California, expected to significantly reduce greenhouse gas emissions. The projects are supported by $57 million in funding from various U.S. government agencies.
Aemetis signed a Master Developer Agreement with the City of Riverbank for the lease/purchase of a 125-acre industrial site featuring 710,000 sq. ft. of buildings, a four-mile railroad, and a hydroelectric substation. The facility will house the Carbon Zero 1 biorefinery, producing 90 million gallons annually of sustainable aviation fuel and renewable diesel. This initiative is expected to create over 2,000 jobs, support regional economic growth, and utilize wood waste from orchards for renewable hydrogen production. Aemetis has secured $5 million in grants and substantial supply agreements with major airlines.
Aemetis, Inc. (NASDAQ: AMTX) has signed a major 10-year agreement to supply 450 million gallons of renewable diesel to a leading travel stop company, projected to generate over $3 billion in revenue. The renewable diesel will enable approximately 3.6 billion miles of transportation, aligning with environmental goals by reducing emissions from heavy-duty vehicles. This contract forms part of Aemetis's broader strategy, having secured more than $5 billion in binding contracts for its Carbon Zero facility in Riverbank, California.
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