In the United States (US), experienced renewable natural gas (RNG) developer Casey Holsapple has announced the launch of a new RNG platform, Redtail Renewables (Redtail).
According to a statement, Redtail aims to develop and operate RNG facilities and dispenses the fuel downstream to logistics, industrial and utility customers.
Casey Holsapple previously helped build an industry-leading RNG platform for Kinetrex Energy leading to the acquisition of the company by Kinder Morgan in 2021.
I am thrilled to launch and scale Redtail Renewables. Our deep experience in the RNG industry will allow Redtail to maximize value for our feedstock partners as well as our customers. We plan to use innovative project solutions, faster construction timelines, and strong downstream relationships to create a best-in-class development platform, said Casey Holsapple, who will serve as President and CEO.
Holsapple’s brother, Corey Holsapple, will join the company as Co-Founder and Chief Financial Officer with prior experience as the Chief Financial Officer for Fortis Financial, a commercial bank, and as a consultant for Boston Consulting Group.
Redtail plans to add additional industry professionals to the team in the coming months.
Secured equity commitment
Redtail is currently seeking landfills and other partners to complement its existing near-term opportunities and has plans to grow significantly over the next 12 months.
The company has secured an equity commitment from Boston-based Inyarek Partners (Inyarek).
We are excited to partner with Redtail, a team with a proven track record of execution and extensive relationships in the RNG industry. Additionally, we believe RNG is an important resource for enabling many commercial and industrial users to decarbonize their operations, which we expect will continue to fuel significant demand growth, said Brett Estwanik, Partner and Co-Founder of Inyarek.