What company has Sojitz Corporation invested in to enter the U.S. biomethane market?

Sojitz Corporation has invested in Fidem Energy LLC, a U.S. biomethane production and sales company, through its wholly-owned subsidiary Sojitz Corporation of America.

How does Sojitz Corporation of America participate in Fidem Energy LLC?

Sojitz Corporation of America participates by making Fidem Energy LLC an equity-method affiliate through a direct investment from its parent company, Sojitz Corporation.

Where is Fidem Energy LLC based and what is its core business?

Fidem Energy LLC is based in the southeastern U.S. and operates a landfill-derived biomethane production and sales business using biogas from municipal solid waste.

What is the current operational status of Fidem's biomethane production facilities?

Fidem currently operates a biomethane production plant in Tennessee and holds development rights for multiple additional landfill-based biomethane projects across the U.S.

What factors are driving increased demand for biomethane in the United States by 2025?

Demand for biomethane in the U.S. is rising due to population growth, economic expansion, energy security needs, and decarbonization goals, with a 24% year-on-year increase expected by 2025.

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Sojitz Enters Biomethane Production and Sales Business in the U.S.

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Frequently Asked Questions

Q: What company has Sojitz Corporation invested in to enter the U.S. biomethane market?: A: Sojitz Corporation has invested in Fidem Energy LLC, a U.S. biomethane production and sales company, through its wholly-owned subsidiary Sojitz Corporation of America.
Q: How does Sojitz Corporation of America participate in Fidem Energy LLC?: A: Sojitz Corporation of America participates by making Fidem Energy LLC an equity-method affiliate through a direct investment from its parent company, Sojitz Corporation.
Q: Where is Fidem Energy LLC based and what is its core business?: A: Fidem Energy LLC is based in the southeastern U.S. and operates a landfill-derived biomethane production and sales business using biogas from municipal solid waste.
Q: What is the current operational status of Fidem's biomethane production facilities?: A: Fidem currently operates a biomethane production plant in Tennessee and holds development rights for multiple additional landfill-based biomethane projects across the U.S.
Q: What factors are driving increased demand for biomethane in the United States by 2025?: A: Demand for biomethane in the U.S. is rising due to population growth, economic expansion, energy security needs, and decarbonization goals, with a 24% year-on-year increase expected by 2025.