Smithfield Foods and Roeslein Alternative Energy invest additional US$45 million in Monarch Bioenergy JV
In the United States (US), Smithfield Foods, Inc. and Roeslein Alternative Energy LLC (RAE) have announced an additional US$45 million investment in their Monarch Bioenergy joint venture, which captures methane from hog manure to produce renewable natural gas (RNG) in Missouri. The additional investment will enable the continued implementation of “manure-to-energy” projects on Smithfield’s farms, resulting in RNG generation across 85 percent of the company’s hog finishing spaces in the state.
St Loius, Missouri (MO) based Roeslein Alternative Energy (RAE) is the owner, operator, and developer of renewable energy production facilities that convert agricultural and industrial wastes, along with renewable biomass feedstocks to renewable natural gas (RNG) and sustainable co-products.
This additional investment in Monarch Bioenergy builds upon the “manure-to-energy” projects currently in operation across five Smithfield farms in northern Missouri and puts the company one step closer to equipping nearly all its finishing spaces in the state with the technology to produce RNG.
According to Smithfield Foods, the continued progress underscores the company’s “industry-leading” commitment to sustainability and is key to achieving the company’s goal to reduce greenhouse gas (GHG) emissions by 25 percent by 2025.
Smithfield and RAE have been innovating ‘manure-to-energy’ technology together in Missouri since 2014. Our companies have a longstanding commitment to renewable energy, and we’re thrilled to be one step closer to having nearly all our Missouri finishing farms engaged in producing RNG, said Kraig Westerbeek, senior director of Smithfield Renewables and hog production environmental affairs for Smithfield Foods.
The “manure-to-energy” projects allow Monarch Bioenergy to leverage the infrastructure of Smithfield’s farms to capture methane emissions from hog farms and convert them into pipeline-quality natural gas, which will be distributed to RNG markets across the country.
The scale of Smithfield’s operations and our expertise in renewable energy production have created the ideal partnership to have a tangible impact on carbon emissions. The latest phase of Monarch Bioenergy demonstrates our shared commitment to creating a sustainable future for families with new sources of renewable energy, said Rudi Roeslein, president of RAE.
Monarch Bioenergy is part of Smithfield Renewables, Smithfield’s strategic platform launched in 2017 to unify and accelerate its carbon reduction and renewable energy efforts. This latest investment complements numerous initiatives Smithfield is implementing across the country, including additional RNG projects in North Carolina (NC), Utah (UT) and Virginia (VA).