Aemetis | Riverbank CCS Well

Overview

Status

Greenfield

Region

North America

Geography

USA

State

California

Equity Owner

Aemetis

Proponent

Aemetis

Output

Carbon capture and storage (CCS)

Type of electricty

Capacity

Financing

Technology

Technical Advisors

Advisors

Project Contact

Eric A. McAfee, Chief Executive Officer

Lawyers

Project Cost

Offtaker

Commercial Operations Date

Decommission Date

FID

Description

In May 2023, Aemetis received a permit from the State of California to build a geologic characterization well that will provide information for the permitting and design of its Carbon Capture and Underground Sequestration well in Riverbank, California.

Aemetis plans to construct the well in the first half of 2024 and is at the same time continuing with the engineering, permitting and other development activities for the sequestration well.

May 10, 2024

Aemetis raising private construction financing for biogas

Aemetis, the California RNG and biogas project developer, expects to have an additional $85m for dairy biodigester development this year, CEO Eric McAfee said on an earnings call. Aemetis recently...

March 21, 2024

Aemetis approved for $200m USCIS financing

Aemetis, Inc., a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced approval by U.S. Citizenship and Immigration Services (USCIS) of $200...

July 31, 2023

Aemetis closes $25m USDA loan to fund eight additional projects

Aemetis, Inc., a renewable natural gas and renewable fuels company focused on negative carbon intensity products, has closed its second $25m, 20-year term loan guaranteed by the U.S. Department of...

July 18, 2023

Aemetis receives all permits needed for California CCS well

Aemetis Carbon Capture, a subsidiary of Aemetis, Inc., has been awarded the first CO2 sequestration characterization well permit issued by the State of California, according to a news release. The Hydrogen...

February 13, 2023

Aemetis targeting $2bn revenue and $682m EBITDA in 2027

Aemetis, the publicly listed RNG producer and developer of renewable jet and diesel biorefineries, released an updated five-year plan including plans to generate $2bn of revenues, $496m of net income, and $682m...