What biogas does

BioGas Corp is a private renewable-energy project developer headquartered in Raleigh, North Carolina. It develops, owns, and operates anaerobic digestion projects that process food waste, swine manure, dairy and poultry waste, and pork packaging waste into electricity, renewable natural gas (RNG), biogas, and digested material. The company was launched as a 2016 spin-off from Orbit Energy; its team traces project work to 2002 and large-scale development activity to 2011. Its disclosed portfolio contains nine listed projects across seven U.S. states, of which six have been exited and three continue in development or operation.

Its core technology is High Solids Anaerobic Digestion (HSAD), in which microorganisms break down organic matter without oxygen. The process captures methane and carbon dioxide for energy production and can reduce odors, pathogens, and solid waste. BioGas Corp uses long-term 10-20-year power purchase agreements, renewable energy certificate contracts, and RNG off-take agreements with investment-grade utilities, petroleum refiners, and energy companies. Sales are pursued through direct business development, and no public pricing, funding, headcount, or current revenue is disclosed.

Name

biogas

Legal name

BioGas Corp, Inc.

Website

https://biogascorp.com

Company type

Private

Founded year

2016

Operating status

Operating

Short description

BioGas Corp develops, owns, and operates High Solids Anaerobic Digestion projects that convert food and animal waste into electricity, renewable natural gas, and biogas for investment-grade utilities and petroleum refiners under long-term offtake agreements.

Ownership category

akta.pro rank

Headquarters

HQ city

Raleigh

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Power Purchase Agreements (PPAs): Revenue generated from selling electricity under long-term power purchase agreements (10-20 year terms) with investment grade utilities. Projects include food waste to electricity, poultry waste to electricity, and dairy waste to electricity.
2. Renewable Energy Certificates (RECs): Revenue from selling renewable energy certificates under long-term contracts (e.g., 15-year RECs contract with NYSERDA). Some projects have converted from RECs to RNG production.
3. Renewable Natural Gas (RNG) Off-take: Revenue fromRNG off-take agreements with petroleum refiners and energy companies. The Yuma, CO project involves 410 MMBtu/day dairy waste to RNG production.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

BioGas Corp develops, owns, and operates large-scale anaerobic digestion biogas projects that convert organic waste streams (food waste, dairy manure, poultry waste) into electricity and renewable natural gas (RNG). The company secures long-term 10-20 year off-take agreements with investment grade utilities and petroleum refiners to monetize the energy output of each facility.

Product overview

BioGas Corp offers a portfolio of anaerobic digestion-based renewable energy solutions centered around its proprietary HSAD (High Solids Anaerobic Digestion) technology. The company's primary offerings include large-scale biogas project development services that encompass food waste to electricity production (selling power via PPAs to utilities like Duke Energy, National Grid, and SDG&E), dairy waste to renewable natural gas (RNG) production (with off-take agreements with BP and others), and poultry waste to electricity projects. Each project deploys best-in-class anaerobic digestion technology with bankable performance guarantees under long-term (10-20 year) off-take agreements with investment grade utilities and petroleum refiners. The company operates on a develop, own, and operate business model.

Differentiator

Problem solved

Functional benefit

Products and services

• Biogas Project Development Services

Quantifiable outcome

• Reduces methane emissions by capturing biogas that would otherwise be released to atmosphere during decomposition in lagoons or landfills
• +1 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core.

• Duke EnergycoreStrategic or Co-development PartnerDuke Energy is a major electric utility and off-take partner for BioGas Corp's 5.2MW food waste to electricity project in Charlotte, NC under a 15-year PPA. This partnership represents a key customer relationship for renewable energy offtake.
• National GridcoreStrategic or Co-development PartnerNational Grid provides off-take agreement for the 3.2MW food waste to electricity project in Johnston, RI under a 15-year PPA. This utility partnership demonstrates BioGas Corp's ability to secure long-term agreements with investment grade utilities.
• Puget Sound EnergycoreStrategic or Co-development PartnerPuget Sound Energy is the off-take partner for the food waste to electricity project in Des Moines, WA under a 15-year PPA. This partnership provides long-term revenue visibility for the project.
• Long Island Power Authority (LIPA)coreStrategic or Co-development PartnerLIPA provides off-take for the 6MW food waste to electricity project in Calverton, NY under a 20-year PPA. This government utility partnership represents a significant long-term revenue commitment.
• NYSERDAcoreStrategic or Co-development PartnerNew York State Energy and Research Development Authority contracted for 15 years of RECs from the 9.6MW Staten Island project. BioGas Corp later exited this RECs contract in 2016 to convert the project to RNG production instead.
• San Diego Gas & Electric (SDG&E)coreStrategic or Co-development PartnerSDG&E provides off-take agreement for food waste to electricity project in Lakeside, CA under a 20-year PPA. This California utility partnership expands BioGas Corp's geographic presence.
• British Petroleum (BP)coreStrategic or Co-development PartnerBP executed a contract for 300 MMBtu/day RNG off-take agreement for the Tillamook, OR dairy waste project in Q1 2019. This partnership with a major petroleum refiner demonstrates BioGas Corp's ability to serve the RNG/fuel market.

Scale indicators4 records

Recent moves11 records

Expansion highlights5 records

Emerging players

• Greenlane Renewables: Supplies biogas upgrading technology used to convert raw biogas into pipeline-quality RNG. Comparable as an enabling technology provider in the same AD/RNG value chain as BioGas Corp's HSAD-based plants.
• DVO Inc. US designer and builder of anaerobic digestion systems for dairy and food waste, with installed base of farm and food-waste AD plants. Comparable in AD project delivery for similar feedstocks.

Broad incumbents

• Clean Energy Fuels: Largest US RNG offtaker and operator of natural gas fueling infrastructure. Comparable as a counterparty in the same RNG value chain that BioGas Corp sells into (e.g., BP, transportation fuel market).
• Ameresco: Large public renewable energy and energy-efficiency developer that includes biogas/organic waste-to-energy projects among a broad portfolio. Comparable as a project developer in renewable energy with utility off-take relationships, though Ameresco operates across many more technologies and customer segments.
• Capstone Green Energy: Manufacturer of microturbine and energy systems commonly deployed in biogas-to-power projects. Comparable as an equipment supplier commonly used in AD/biogas power plants like those developed by BioGas Corp.

Direct peers

• Aria Energy: Long-standing US developer of landfill-gas-to-energy and biogas/RNG projects with utility and pipeline off-take agreements. Comparable to BioGas Corp in feedstock diversity, AD/biogas technology, and multi-decade utility off-take structure.
• Montauk Renewables: Publicly traded developer and operator of renewable natural gas projects from landfill and agricultural waste, selling RNG and environmental attributes to utilities and refiners. Directly comparable in biogas-to-RNG operations and long-term offtake structure.
• Brightmark Energy: Developer of anaerobic digestion and RNG projects from dairy and food waste in the US, with petroleum refiner and utility offtake partners. Closely comparable to BioGas Corp on feedstock, technology stack, and project-development / off-take business model.
• Anaergia: Provides anaerobic digestion technology, project development, and operating services for organic waste-to-energy facilities globally. Comparable to BioGas Corp in core AD technology and project-development services, though Anaergia also operates as a technology/EPC provider.
• Vanguard Renewables: US-based anaerobic digestion developer that converts farm and food waste into renewable natural gas and electricity, with long-term utility and fuel offtake agreements. Highly comparable to BioGas Corp in technology (AD), feedstock mix (dairy/food waste), project-development business model, and target customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about biogas