EVENSOL
EVENSOL is a renewable energy project developer that develops, owns, and operates landfill gas-to-renewable natural gas (RNG) facilities in the United States, converting methane from waste into pipeline-quality renewable gas for energy companies and utilities, with two operational projects in North Carolina.
- Company typePrivate
- Founded2013
- HeadquartersBarclay, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What EVENSOL does
EVENSOL is a privately-held renewable energy project developer, founded in 2013 and headquartered in Sisters, Oregon, that develops, owns, and operates biogas-to-renewable natural gas (RNG) facilities. The company's core product is end-to-end RNG project development — spanning feedstock assessment, permitting, offtake structuring, project finance, construction oversight, and ongoing asset management — executed through an exclusive strategic partnership with Energyneering Solutions, Inc. (ESI), which provides design, engineering, construction, and operations capabilities under a unified organizational umbrella. Technology centers on landfill gas-to-RNG processing systems that combine Air Liquide MEDAL membrane CO2 separation, Vilter compression, Perennial LFG blowers/refrigeration, and Guild N2 rejection; ESI has engineered over 75 biogas projects globally, providing the institutional know-how that supports the integrated platform.
The business operates two commissioned landfill gas-to-RNG facilities in North Carolina — Foothills Renewables (Caldwell County, commissioned Q3 2023) and Upper Piedmont Renewables (Person County, commissioned Q2 2023) — that together produce approximately 1 million dekatherms of RNG per year, serving the natural gas usage of roughly 17,000 residential customers. Revenue is generated through long-term RNG offtake sales (to bp), equity appreciation and development fees from co-investors (Duke Energy), and ongoing asset management services. The company has secured more than $110 million in combined project investment, including ~$73 million in USDA-guaranteed debt financing through Greater Commercial Lending and development-stage capital from Leyline Renewable Capital, with Republic Services supplying the underlying landfill gas feedstock. Upper Piedmont has achieved above industry-standard plant availability, exceeding 95% operations runtime in 2025, and Foothills was among the first U.S. facilities to deliver RNG via 'virtual pipeline' transport to natural gas infrastructure.
EVENSOL firmographics
Firmographics- Name
- EVENSOL
- Legal name
- EVENSOL LLC
- Website
- https://evensol.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- EVENSOL is a renewable energy project developer that develops, owns, and operates landfill gas-to-renewable natural gas (RNG) facilities in the United States, converting methane from waste into pipeline-quality renewable gas for energy companies and utilities, with two operational projects in North Carolina.
- Ownership category
- akta.pro rank
EVENSOL industry classification
Industry- Product category
- Renewable Natural Gas / Biogas Project Development
- NAICS
- Natural Gas Distribution (2212)
- SIC
- Cogeneration Services & Small Power Producers (4991), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Landfill Gas (LFG) Collection & RNG Upgrading (EUAAAEAB)
- akta.pro secondary industries
- RNG Injection, Interconnection & Pipeline Quality Compliance (EUAAAEAE), Biogas/RNG Plant Operations, Maintenance & Asset Management (EUAAAEAI), Renewable Natural Gas (RNG) Program Development & Portfolio Management (EUAJAJAA), Biogas / Renewable Natural Gas (RNG) Gathering Systems (TLAGAJAH)
Keywords
Where EVENSOL is headquartered
LocationHeadquarters
- HQ city
- Barclay
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
EVENSOL business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- RNG Production & Sales: Evensol develops, owns, and operates RNG production facilities that convert landfill gas into renewable natural gas sold to commercial customers. Each project produces approximately 500,000 dekatherms per year, generating recurring revenue from RNG sales.
- Project Development & Acquisition: The company creates value by identifying undervalued, distressed, or sub-optimal biogas assets, acquiring and/or developing such projects, and aggregating them into regional operating portfolios with fully integrated internal management controls. Revenue is generated through development fees, equity appreciation, and project exits.
- Asset Management & Operations Oversight: Ongoing asset management services for owned and partnered RNG projects, providing integrated financial and on-site project management through the Evensol/ESI partnership, including predictive monitoring and operations oversight.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
EVENSOL product offering
Product offeringCore offering
EVENSOL develops, owns, and operates renewable natural gas (RNG) production facilities that convert landfill gas into pipeline-quality RNG. The company manages the full project lifecycle—from feedstock acquisition, permitting, and project finance through construction, commissioning, and ongoing asset management—with flagship facilities in North Carolina producing approximately 1 million dekatherms of RNG annually for enterprise offtake customers such as bp and Duke Energy.
Product overview
EVENSOL is a renewable energy project developer offering a unified service offering centered on the development and investment in biogas and renewable natural gas (RNG) projects. The core product is RNG Project Development Services, which encompasses the entire project lifecycle from due diligence through commissioning and operations. This is supported by Biogas Project Investment capabilities that leverage the company's accumulated industry knowledge. The company operates specific RNG production facilities (Upper Piedmont Renewables and Foothills Renewables) developed for strategic partners. Service features include Predictive Project Management with remote monitoring for operational optimization, Design & Development Services through the affiliated Energyneering Solutions, and Construction Management. All projects utilize a four-legged framework covering feedstock acquisition, offtake/interconnection, permitting, and structured financing.
Differentiator
Problem solved
Functional benefit
Products and services
- RNG Project Development Services End-to-end development services for renewable natural gas (RNG) projects, spanning feedstock assessment, offtake structuring, permitting, project finance, construction oversight, and commissioning. Offered to enterprise partners including waste management operators, utilities, and municipalities.
- Foothills Renewables Landfill gas-to-RNG production facility in Caldwell County, North Carolina, converting landfill gas from Republic Services' landfill into renewable natural gas. Produces approximately 500,000 dekatherms (Dth) of RNG annually and was among the first U.S. facilities to transport RNG via 'virtual pipeline' over road to natural gas infrastructure.
- Upper Piedmont Renewables Landfill gas-to-RNG production facility in Person County, North Carolina, converting methane from Republic Services' landfill into renewable natural gas. Produces approximately 500,000 dekatherms (Dth) of RNG annually and has surpassed 95% operations runtime in 2025.
- Biogas Project Investment Equity investment in biogas and RNG projects, leveraging accumulated industry knowledge and proprietary project development templates to acquire, develop, and aggregate undervalued assets into regional operating portfolios. Investors benefit from standardized development processes refined over 50+ years of combined team experience.
- Asset Management & Operations Oversight Ongoing asset management services for owned and partnered RNG projects, providing integrated financial and on-site project management through the EVENSOL/ESI partnership. Includes predictive remote monitoring and operations oversight to maximize uptime and operational efficiency.
Quantifiable outcome
- North Carolina's first two landfill gas-to-RNG production facilities commissioned
- +5 more outcomes
Companies that use EVENSOL
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
EVENSOL technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
EVENSOL partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Republic ServicescoreRepublic Services provides the landfill gas feedstock at its Caldwell County (Foothills) and Person County (Upper Piedmont) landfills in North Carolina. As a leader in environmental services committed to decarbonizing operations, Republic's partnership supports the company's goal to beneficially reuse 50% more biogas by 2030. Republic Services Area President Shane Walker participated in project commissioning announcements alongside Evensol.
- bpcorebp is the primary offtake buyer for RNG produced at the Foothills and Upper Piedmont facilities. bp's ambition is to become a net zero company by 2050 or sooner, and the landfill gas-to-RNG projects contribute to bp's renewable energy portfolio and sustainability commitments.
- Energyneering Solutions, Inc. (ESI)coreESI is Evensol's exclusive design, engineering, construction, and operations partner. Founded in 2007 and co-founded by Evensol co-founder Benny Benson, ESI provides all aspects of project delivery from initial engineering design through construction management and ongoing facility operations. This fully integrated relationship enables Evensol to manage projects through their entire lifecycle without third-party dependencies, with ESI having engineered over 75 biogas projects and operating Evensol's current project portfolio.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
EVENSOL competitors and assessment
Company assessmentDirect peers
- Opal Fuels: Opal Fuels is a vertically-integrated RNG producer and marketer developing dairy and landfill RNG projects with long-term offtake contracts, comparable in business model and revenue mix to EVENSOL.
- Brightmark Energy: Brightmark is a privately-held RNG and renewable energy project developer that finances, builds, and operates biogas-to-energy facilities, closely paralleling EVENSOL's developer/owner-operator model across multiple US RNG sites.
- Archaea Energy: Archaea is a large-scale RNG producer focused on landfill gas-to-RNG projects with multiple operating facilities and offtake relationships, directly comparable to EVENSOL's Foothills and Upper Piedmont assets (now part of bp).
- Montauk Renewables: Montauk is a publicly-traded renewable natural gas producer with landfill gas-to-energy and RNG projects across the US, operating the same LFG-to-RNG vertical as EVENSOL.
- Clean Energy Fuels: Clean Energy Fuels produces and dispenses RNG for transportation, sourcing from landfill and dairy projects; it overlaps EVENSOL in RNG production economics, though it adds a downstream fueling station network.
Emerging players
- Vanguard Renewables: Vanguard develops farm-based anaerobic digester RNG projects, sharing EVENSOL's biogas project development DNA and EPA pathway diversification, but focused on agricultural rather than landfill feedstock.
Broad incumbents
- Waste Management Renewable Energy: Waste Management operates landfill gas-to-energy and RNG projects at the largest scale in the US; while WM is also a feedstock counterpart rather than a project developer like EVENSOL, its WM Renewable Energy platform competes for the same RNG opportunity set and policy tailwinds.
- DTE Vantage: DTE Vantage is the energy-related projects arm of DTE Energy, operating RNG, CHP, and landfill gas projects at meaningful scale, making it a broader utility-affiliated incumbent in the same space EVENSOL targets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
EVENSOL social profiles
Digital presenceEVENSOL financial estimates
Financial estimateRevenue estimate
Valuation estimate
EVENSOL leadership team
Management profileNumber of profiles
Profiles5 records
EVENSOL subsidiaries and ownership
Company hierarchySubsidiaries1 record
EVENSOL funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EVENSOL M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EVENSOL
What does EVENSOL do?
EVENSOL develops, owns, and operates renewable natural gas (RNG) production facilities that convert landfill gas into pipeline-quality RNG. The company manages the full project lifecycle—from feedstock acquisition, permitting, and project finance through construction, commissioning, and ongoing asset management—with flagship facilities in North Carolina producing approximately 1 million dekatherms of RNG annually for enterprise offtake customers such as bp and Duke Energy.
Is EVENSOL a public or private company?
EVENSOL is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was EVENSOL founded?
EVENSOL was founded in 2013. It employs 1 to 10 people.
Where is EVENSOL based?
EVENSOL is headquartered in Barclay, United States, in the North America region.
How does EVENSOL make money?
Three revenue lines are on record. RNG Production & Sales are the primary driver. The others are project Development & Acquisition and asset Management & Operations Oversight.
Who are EVENSOL's main competitors?
Direct peers on record are Opal Fuels, Brightmark Energy, Archaea Energy, Montauk Renewables and Clean Energy Fuels. Vanguard Renewables is listed as an emerging player. Broad incumbents are Waste Management Renewable Energy and DTE Vantage.
Does EVENSOL have an API?
No public API is recorded for EVENSOL.
What industry is EVENSOL in?
EVENSOL's product category is Renewable Natural Gas / Biogas Project Development. Its primary akta.pro industry code is EUAAAEAB, Landfill Gas (LFG) Collection & RNG Upgrading, with a secondary code of EUAAAEAE, RNG Injection, Interconnection & Pipeline Quality Compliance. Its NAICS code is 2212 and its SIC code is 4991.