Amp Americas develops dairy RNG from on-farm biogas and was the first company to bring dairy RNG to market; it is the only producer that delivers dairy RNG to California fleets under the Low Carbon Fuel Standard. The company announced a $75 million investment to support continued investment in new dairy RNG projects. Amp plans to break ground on two additional midwestern dairy biogas projects later this year, with operations expected to begin in fall 2020. An unnamed infrastructure investor closed a new investment in Amp’s three flagship Indiana dairy RNG projects; Amp maintains an interest in those projects and will continue to operate and manage the facilities and market the RNG. Amp also launched an operating services business and expanded its RNG marketing and risk management business to offer operations and gas-marketing expertise to other RNG producers, fleets, and capital partners. Management says these moves will promote proliferation of RNG to improve air quality and reduce greenhouse gas emissions while growing the company’s commercial and operational footprint. AMP Americas produces clean, low-cost natural gas and 100% renewable natural gas for heavy-duty trucks. The company operates three business units: Renewable Dairy Fuels (an RNG biogas facility at Fair Oaks Farms in Indiana), ampCNG (a nationwide network of 20 public-access, ultra-fast fill CNG fueling stations), and ampRenew (RNG sourcing and risk management for partner stations and fleets). AMP provides both fuel supply and station operations for commercial trucking customers. Grant Zimmerman is CEO. The company intends to use the equity funding to pursue growth opportunities across its businesses. The article notes the company raised capital to support expansion but does not disclose revenues or user metrics.

Total raised

$122M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2019