Our mission is to work closely with a broad base of stakeholders to develop RNG that will replace higher emission fuel in a cost-friendly and environmentally effective way,” said Andy Kelleher, CEO, Viridi Energy. “Viridi has a truly differentiated approach, with the unique ability to handle all parts of the RNG value chain, spanning development, operations, financing, and commercial strategy. Management plans to leverage their biogas expertise to develop projects across the landfill, dairy, and food waste sectors with a focus on best-in-class operations and technology. Together, the team has over 75 years of experience developing and operating energy assets and has successfully developed more than 30 projects in the RNG space. Kelleher, the founding management team includes Chet Benham, Matt Atkins, Jake Crouse, Dana Husnay, and Bill Keller. Viridi is led by Chief Executive Officer, Andy Kelleher, who brings to the company a deep experience founding and leading companies in energy and environmental commodities, and also serves as Managing Partner at Green Rock Energy Partners. The investment will allow Viridi to build a leading energy platform of scale focused on developing RNG sourced from landfill, dairy, and food waste feedstocks. NEW YORK, NY – J– Viridi Energy (“Viridi”), a full-service renewable natural gas (“RNG”) platform, today announced an approximately $320 million line of equity commitment led by Warburg Pincus, a leading global growth investor.
M.Viridi Energy will be backed by an approximately $320 million equity commitment led by Warburg Pincus Viridi is developing safe, resilient and cost-effective point-of-use lithium-ion battery systems that will power the other 97% of our economy,” said Viridi Parente, Inc. CEO Jon. The majority of the innovation around this technology is focused on battery powered vehicles, however, technology designed for cars does not translate into other sectors of the economy where safety, resilience and cycle life are the leading design requirements. Passenger vehicles currently represent roughly 3% of the world’s total GDP. “Point-of-use energy storage has the potential to more than double the delivered capacity of our entire energy transmission system without additional investment in new infrastructure. Led by Tom Golisano, this round included #investment from Sunbelt Rentals, Inc. and National Grid Partners – the investment arm of National Grid, one of the world’s largest investor-owned #energy companies. Our parent company, Viridi Parente, Inc., announces that it has raised $95 million to accelerate commercial deployment of #failsafe, point-of-use lithium-ion #battery #storage #technology
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