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Brightmark RNG Holdings Achieves Landmark First Gas Milestone at 10 Midwest RNG Projects

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Brightmark RNG Holdings , a joint venture between Chevron U.S.A. Inc. (NYSE: CVX) and Brightmark Fund Holdings , has announced the delivery of first gas at 10 renewable natural gas (RNG) projects across the Midwest. This milestone makes the company one of the leading dairy RNG providers in the United States, now operating 15 RNG projects in a region that generates nearly 43% of the nation's agricultural products.

The company's methane reduction process involves collaborating with farmers to produce RNG through anaerobic digestion, collecting organic waste and upgrading it into transportation fuel. To date, Brightmark has reduced emissions by more than 1.2 million tons of CO₂eq, equivalent to planting and growing nearly 20 million trees for 10 years.

Brightmark RNG Holdings, una joint venture tra Chevron U.S.A. Inc. (NYSE: CVX) e Brightmark Fund Holdings, ha annunciato la consegna del primo gas in 10 progetti di gas naturale rinnovabile (RNG) nel Midwest. Questo traguardo rende l'azienda uno dei principali fornitori di RNG nel settore lattiero-caseario negli Stati Uniti, ora operativa con 15 progetti di RNG in una regione che genera quasi il 43% dei prodotti agricoli della nazione.

Il processo di riduzione del metano dell'azienda prevede la collaborazione con gli agricoltori per produrre RNG attraverso la digestione anaerobica, raccogliendo rifiuti organici e trasformandoli in carburante per i trasporti. Fino ad oggi, Brightmark ha ridotto le emissioni di oltre 1,2 milioni di tonnellate di CO₂eq, equivalente a piantare e far crescere quasi 20 milioni di alberi per 10 anni.

Brightmark RNG Holdings, una empresa conjunta entre Chevron U.S.A. Inc. (NYSE: CVX) y Brightmark Fund Holdings, ha anunciado la entrega de gas en 10 proyectos de gas natural renovable (RNG) en el Medio Oeste. Este hito convierte a la compañía en uno de los principales proveedores de RNG en el sector lácteo de los Estados Unidos, ahora operando 15 proyectos de RNG en una región que genera casi el 43% de los productos agrícolas del país.

El proceso de reducción de metano de la empresa implica colaborar con los agricultores para producir RNG a través de la digestión anaeróbica, recolectando desechos orgánicos y transformándolos en combustible para transporte. Hasta la fecha, Brightmark ha reducido las emisiones en más de 1,2 millones de toneladas de CO₂eq, equivalente a plantar y hacer crecer casi 20 millones de árboles durante 10 años.

Brightmark RNG Holdings는 Chevron U.S.A. Inc. (NYSE: CVX)와 Brightmark Fund Holdings 간의 합작 투자로, 미주리 지역에서 10개의 재생 가능한 천연가스(RNG) 프로젝트의 첫 가스를 전달했다고 발표했습니다. 이 이정표는 회사가 미국 내 주요 유제품 RNG 공급업체 중 하나가 되는 것을 의미하며 현재 15개의 RNG 프로젝트를 운영하고 있는 이 지역은 국가 농산물의 거의 43%를 생산하고 있습니다.

회사의 메탄 감축 과정은 농부들과 협력하여 혐기 소화 과정을 통해 RNG를 생산하고, 유기 폐기물을 수집하여 운송 연료로 업그레이드하는 것입니다. 현재까지 Brightmark는 120만 톤의 CO₂eq 이상을 감소시켰으며, 이는 10년 동안 거의 2000만 그루의 나무를 심고 기르는 것과 동일합니다.

Brightmark RNG Holdings, une coentreprise entre Chevron U.S.A. Inc. (NYSE: CVX) et Brightmark Fund Holdings, a annoncé la livraison de gaz dans 10 projets de gaz naturel renouvelable (RNG) dans le Midwest. Cette étape fait de l'entreprise l'un des principaux fournisseurs de RNG dans le secteur laitier aux États-Unis, maintenant opérant 15 projets de RNG dans une région qui génère près de 43 % des produits agricoles de la nation.

Le processus de réduction du méthane de l'entreprise implique de collaborer avec les agriculteurs pour produire du RNG grâce à la digestion anaerobique, en collectant des déchets organiques et en les transformant en carburant pour le transport. À ce jour, Brightmark a réduit les émissions de plus de 1,2 million de tonnes de CO₂eq, soit l'équivalent de planter et de faire pousser près de 20 millions d'arbres pendant 10 ans.

Brightmark RNG Holdings, ein Joint Venture zwischen Chevron U.S.A. Inc. (NYSE: CVX) und Brightmark Fund Holdings, hat die Lieferung von Gas in 10 Projekten für erneuerbares Erdgas (RNG) im Mittleren Westen bekannt gegeben. Dieser Meilenstein macht das Unternehmen zu einem der führenden Anbieter von RNG im Bereich der Milchprodukte in den Vereinigten Staaten, das nun 15 RNG-Projekte in einer Region betreibt, die fast 43 % der landwirtschaftlichen Produkte des Landes erzeugt.

Der Methanreduktionsprozess des Unternehmens umfasst die Zusammenarbeit mit Landwirten zur Produktion von RNG durch anaerobe Vergärung, wobei organische Abfälle gesammelt und in Kraftstoff für den Verkehr umgewandelt werden. Bis heute hat Brightmark die Emissionen um mehr als 1,2 Millionen Tonnen CO₂eq reduziert, was dem Pflanzen und Wachsen von fast 20 Millionen Bäumen über einen Zeitraum von 10 Jahren entspricht.

Positive
  • Successful launch of 10 new RNG projects expanding total operations to 15 sites
  • Achieved reduction of 1.2 million tons of CO₂eq emissions
  • Strategic expansion in the Midwest region, which generates 43% of U.S. agricultural products
  • Additional revenue stream created for participating farms through RNG production
Negative
  • None.

Insights

The launch of 10 new RNG projects marks a strategic expansion in the renewable natural gas sector. With 15 operational RNG projects now in the Midwest, this positions Brightmark RNG Holdings as a dominant player in dairy RNG production. The 1.2 million tons of CO₂eq emissions reduction achieved demonstrates substantial environmental impact and operational scale.

The economic model is particularly compelling - dairy farmers gain additional revenue streams while addressing waste management challenges. This creates a sustainable business model that aligns environmental benefits with financial incentives. For Chevron, this represents a calculated move to diversify its energy portfolio and reduce its carbon intensity, critical for long-term competitiveness in an evolving energy landscape.

The strategic focus on the Midwest region, which generates 43% of U.S. agricultural products, demonstrates excellent market positioning. The anaerobic digestion technology creates a circular economy model where dairy waste becomes a valuable commodity. This development has significant implications for the agricultural sector's sustainability efforts and economic resilience.

The farmer testimonials from VanEss and Legacy Dairies and Boadwine Dairy Inc. validate the practical viability of the RNG solution. The additional revenue stream from RNG production helps offset implementation costs while addressing environmental concerns, making this a scalable solution for the dairy industry's transition to lower-carbon operations.

The successful deployment of anaerobic digestion technology across multiple sites validates the scalability of dairy-based RNG production. The achievement of reducing 1.2 million tons of CO₂eq (equivalent to 20 million trees over 10 years) represents significant progress in methane capture and utilization. For context: methane has 25 times the warming potential of CO₂, making its capture particularly impactful for climate mitigation.

The project's integration into existing dairy operations demonstrates the practical application of circular economy principles. By converting waste into valuable RNG for transportation fuel, this creates a sustainable model that could be replicated across other agricultural regions.

Brightmark Fund Holdings is now one of the leading dairy RNG solution providers in the U.S. as it expands its portfolio with new operational projects in Iowa, Michigan, South Dakota, Wisconsin, and Ohio

HOUSTON & SAN FRANCISCO--(BUSINESS WIRE)-- Brightmark RNG Holdings LLC announced today that it has delivered first gas at 10 renewable natural gas (RNG) projects across the Midwest. Brightmark RNG Holdings LLC is a joint venture between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC.

With today's announcement, the Brightmark RNG Holdings LLC joint venture now owns and operates 15 RNG projects in the Midwest, a region that generates nearly 43 percent of the nation’s agricultural products.

This milestone makes Brightmark one of the leading dairy RNG providers in the United States. To date, Brightmark has reduced emissions by more than 1.2 million tons of CO₂eq through its RNG circularity centers, equivalent to the amount of carbon sequestered by planting and growing nearly 20 million trees for 10 years.

“We’re extremely excited to see these projects come online and begin reducing methane emissions while driving economic development in local communities,” said Bob Powell, founder and Chief Executive Officer of Brightmark. “This milestone demonstrates the scalability of these solutions and determination from farmers to reduce methane emissions in one of the nation’s largest agricultural regions.”

Brightmark’s process for reducing methane emissions involves collaborating with farmers to produce RNG through anaerobic digestion. This process collects organic waste, digests it to extract methane, and upgrades it into RNG for use as transportation fuel.

“Delivering first gas at 10 farms is a significant milestone,” said Nuray Elci, Vice President, Renewables, Chevron. "Transitioning to a lower carbon intensity energy economy demands, among other things, ambitious goals, innovation, and practical solutions. This success highlights renewable natural gas' potential and fosters new opportunities for transport, industry, and consumers."

“We’re thrilled to implement these innovations on our farm,” said Jeremy VanEss of VanEss and Legacy Dairies. "Lower carbon is important to us, and it's exciting to see this technology become operational and help put our organic waste to use while striving to reduce our carbon footprint."

“Implementing anaerobic digestion at our farm is not only environmentally sound but also economically beneficial,” said Lynn Boadwine of Boadwine Dairy Inc. “Additional revenue generated from the RNG we produce provides a viable and economic solution to address recurring waste and makes the transition toward a lower carbon intensity agriculture more attainable. It’s a win-win.”

For more information:

Visit https://www.brightmark.com/renewable-natural-gas/projects for more details on their renewable natural gas projects.

About Brightmark RNG Holdings

Brightmark RNG Holdings LLC is a joint venture between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC. The Chevron-Brightmark renewable natural gas joint venture operates a nationwide system of RNG projects, capturing methane from dairy operations for beneficial use as pipeline fuel.

For more information on Brightmark RNG Holding LLC's renewable natural gas projects, please visit Brightmark.com.

About Brightmark LLC

Brightmark, LLC is a circular innovations company with a mission to Reimagine Waste, developing solutions that make a positive environmental impact on the world and communities where it operates. Brightmark's established anaerobic digestion and proprietary Plastics Renewal® technologies make the company a veteran in a burgeoning marketplace. The company works across sectors, including agriculture, healthcare, manufacturing, and transportation, to decarbonize operations, displace reliance on virgin fossil fuels, and solve circularity challenges at scale.

Committed to systems change in waste, Brightmark works collaboratively to address gaps where traditional methods fall short through its innovative closed-loop approach to recycling and renewables. To date, Brightmark has repurposed nearly 10 million pounds of landfill-bound plastics and reduced more than one million tons of CO2eq from entering the atmosphere through anaerobic digestion. The company is also deeply committed to conservation, education, and sustainability career training by partnering with local and national organizations that help protect land and oceans. For more information, visit www.brightmark.com.

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow lower carbon businesses in renewable fuels, carbon capture and offsets, hydrogen and other emerging technologies. More information about Chevron is available at www.chevron.com.

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CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements relating to Chevron’s operations and lower carbon strategy that are based on management’s current expectations, estimates, and projections about the petroleum, chemicals, and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “progress,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions, and variations or negatives of these words, are intended to identify such forward-looking statements, but not all forward-looking statements include such words. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this report. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic, market and political conditions, including the military conflict between Russia and Ukraine, the conflict in Israel and the global response to these hostilities; 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Other unpredictable or unknown factors not discussed in this report could also have material adverse effects on forward-looking statements.

Chevron Media Contact:

Allison Cook, Chevron

acook@chevron.com

Brightmark Media Contact:

Max Madden

mmadden@apcoworldwide.com

Source: Chevron Corporation

FAQ

How many RNG projects does Brightmark RNG Holdings now operate with Chevron (CVX)?

Brightmark RNG Holdings now owns and operates 15 RNG projects in the Midwest, following the addition of 10 new operational projects.

What is the environmental impact of Brightmark's RNG projects with CVX?

The projects have reduced emissions by more than 1.2 million tons of CO₂eq, equivalent to the carbon sequestration of growing nearly 20 million trees for 10 years.

Where are the new CVX-Brightmark RNG projects located?

The new RNG projects are located across the Midwest, specifically in Iowa, Michigan, South Dakota, Wisconsin, and Ohio.

How does the Brightmark-CVX joint venture generate renewable natural gas?

The joint venture uses anaerobic digestion to collect organic waste from dairy farms, extract methane, and upgrade it into renewable natural gas for use as transportation fuel.

What percentage of U.S. agricultural products comes from the region where CVX-Brightmark operates?

The Midwest region where Brightmark RNG Holdings operates generates nearly 43 percent of the nation's agricultural products.

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