Enbridge Eyes $1 Billion in Food-Waste-to-Gas Projects
- Pipeline giant also invests $80 million in partner Divert
- Program could offset 400,000 metric tons of emissions a year
Equipment along the Enbridge Line 5 pipeline route in Sarnia, Ontario, Canada, on Tuesday, May 25, 2021. Enbridge Inc. is committing as much as $1 billion to building plants that turn discarded food into renewable natural gas.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Enbridge Inc. is committing as much as $1 billion to building plants that turn discarded food into renewable natural gas as part of a pledge to reduce emissions and provide customers with greener products.
North America’s largest pipeline company also is investing $80 million in Divert Inc., the company that created the waste-to-gas technology that will be used in the plants, according to a release on Wednesday. Current investor Ara Partners is leading a group that’s investing an additional $20 million.