May 10th, 2024

Skyline Clean Energy buys Lethbridge Biogas plant


By Ry Clarke - Lethbridge Herald Local Journalism Initiative Reporter on August 11, 2022.

Submitted photo Skyline Clean Energy Fund has bought the Lethbridge Biogas plant. The facility is expected to convert 120,000 tonnes of organic waste into renewable natural gas.

Skyline Clean Energy Fund has bought the Lethbridge Biogas plant through the purchase of 100 per cent of the units in Lethbridge Biogas Limited Partnership and the shares in Lethbridge Biogas General Partner Incorporated.

The facility is expected to convert 120,000 tonnes of organic waste into renewable natural gas, annually generating revenue primarily through the intake of organic waste and producing renewable natural gas.

“The Skyline Clean Energy Fund team is thrilled to announce the acquisition of another biogas facility into our portfolio,” said Rob Stein, president, Skyline Energy, in a release. “This asset is SCEF’s first outside of Ontario, as well as its largest acquisition to date and the first to earn income from RNG sales. […] We’re excited to add more clean energy facilities to the SCEF portfolio to complement our existing assets, with the goal of increasing value for SCEF investors.”

The facility is one of Canada’s largest non-municipal anaerobic digestion facilities, operating since 2013. Using livestock manure, agricultural processing residues, and grocery store organics the facility processes by-products with a thermal hydrolysis process, collecting material from various sources and generating electricity to sell to the grid.

The facility is expected to produce 280,000 gigajoules of renewable natural gas from organic waste in the first year. This is the equivalent of more than 78 million kilowatts per hour, which could provide electricity to 12,174 homes in one year.

SCEF now includes 76 clean energy assets including a biogas facility in Elmira Ontario which they purchased back in August 2021. Along with 74 solar assets its total annual organic waste capacity will be 184,000 tonnes.

“The Canadian Biogas Association congratulates Skyline on their recent acquisition of Lethbridge Biogas,” said Jennifer Green, Executive Director of the Canadian Biogas Association, in a statement. “As the Canadian biogas and RNG market grows, the success of operating biogas and RNG facilities will be instrumental in demonstrating the great value that is provided to Canadians in emission reductions, clean energy production, and economic opportunity.”

Share this story:

8
-7

Comments are closed.