In Massachusetts, Vanguard Renewables announced a commercial partnership with the CMA CGM Group. Under the terms of the agreement, CMA CGM will make a strategic minority investment in Vanguard Renewables through its energy fund PULSE, ensuring access to significant volumes of RNG to be delivered on a long-term basis. The agreement highlights the critical role that Vanguard’s RNG is poised to play in the decarbonization of the maritime industry.
Vanguard Renewables offers a leading network of solutions to divert organic waste from landfills and collaborates with food and beverage manufacturers and retailers seeking organic waste disposal options. The company produces RNG through proprietary anaerobic digesters that are powered by farm and organic waste. Vanguard Renewable will dedicate up to four projects to CMA CGM production. With this option, CMA CGM can access high-quality, low carbon intensity RNG produced by Vanguard Renewables’ large-scale facilities across the U.S.
Tags: CMA CGM, Massachusetts, Vanguard Renewables
Category: Fuels
