US-based Downey Ridge Environmental Company, the developer of "Greasezilla" fats, oils, and grease (FOG) separation and processing systems, has announced that Sheltowee CleanTech Fund I, LLC, is investing over US$8 million to expand Greasezilla technology nationwide. Greasezilla will invest the capital to build ten new Greasezilla FOG receiving stations with private and public joint venture partners across the country.
Greasezilla is a leading solution provider for managing the overabundance of FOG created by food establishments and industrial food production facilities worldwide.
Initially developed for independent grease haulers, Greasezilla’s ability to turn the problem of FOG waste into a sustainable energy source addresses larger infrastructure, environmental, and energy issues.
As a result, Greasezilla is finding significant market opportunities in wastewater treatment plants (WWTPs), food processing plants, independent pumpers, biofuels, and biodiesel production.
This is the second investment we have made in Greasezilla. The company initially caught our attention for its unique ability to convert FOG waste into energy with an exceptional return on investment. Greasezilla has created a viable and lucrative model to advance waste reduction, water recovery, and biofuel production initiatives for concrete advancements in a more sustainable world, Eric Dobson, CEO of Sheltowee CleanTech Fund.
According to Downey Ridge Environmental Company, Greasezilla is “changing the paradigm” for FOG disposal by replacing traditional landfilling and incineration practices with a model for resource recovery.
By separating FOG into its basic components, Greasezilla generates a consolidated Brown Grease Advanced Biofuel (ABF) that can be sold as a commodity. With a moisture content of less than one percent, ABF also provides an ideal, low-cost, conversion-ready feedstock for biodiesel producers.
Our systems effectively turn a negative value waste stream into resources while also generating incomparable profitability for operators, both from FOG processing fees and biofuel sales. No other technology in the industry can match it. Greasezilla will use the funding to place FOG separation systems across the country in joint ventures, fueling its growth as one of the fastest-growing cleantech companies, said Brian Levine, EVP, Downey Ridge Environmental Company.