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FUNDING ADVANCES FOR DIGESTER PROJECTS

Fresno, Kings Counties, California

Anaerobic digester projects in California's Central Valley received an allocation from the California Debt Limit Allocation Committee (CDLAC) for $65.35 million to support financing of renewable natural gas (RNG) facilities. Microgy, Inc., a subsidiary of Environmental Power Corporation, received the debt limit allocation for two separate projects - the Riverdale Cluster in Fresno County, which consists of digesters at three adjacent dairies with expected output of 621,000 MMBtu/year of RNG, and the Hanford Cluster in Kings County, which consists of three dairies with expected output of 732,000 MMBtu/year of RNG. Marketing of tax-exempt bonds will begin ...

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