The Digest’s 2025 Multi-Slide Guide to Aemetis

Aemetis focuses on renewable natural gas (RNG) and low carbon fuels in California. Their Biogas project includes 12 in-service dairy digesters, a 36-mile pipeline, and an in-service RNG facility connected to PG&E. A fueling station is expected in 2025. Funding involves $30M preferred equity, $23M CA grants, and USDA REAP debt (Funded $50M, $150M in 2025/2026). They are active in policy discussions regarding 45Z PERs and D3 RIN RVOs.