Viridi is backed by a $320 million dollar equity commitment from Warburg Pincus, a commitment which supports Viridi’s mission to build North America’s leading RNG platform. "And they all have to happen at the same time." Roy Ben-Dor, Managing Director and Head of Energy Transition and Sustainability at Viridi investor Warburg Pincus LLC, spoke at the conference about why streamlined operations may separate long-term winners from the rest of the pack: "With this RNG development business you have to deal with capital cost elements, operating efficiency, the feedstock, supply security, offtake, regulatory components and utility partners," he said. In the years ahead, operating at scale will be crucial to success in the still fragmented RNG industry. The Viridi RNG team attended the recent Coalition for Renewable Natural Gas Conference, convening with fellow industry leaders to discuss the sustainable advancement of renewable natural gas (RNG). Viridi Launches Landfill Renewable Natural Gas Project in Partnership with Marathon County Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. The firm’s active portfolio of more than 250 companies is highly diversified by stage, sector, and geography. The firm has more than 80 billion in assets under management. Read our full announcement here: #rng #renewablenaturalgas #biogas #energy #netzero #sustainability Warburg Pincus LLC is a leading global growth investor. Events Data Log in Warburg Pincus commits 250 million to Montana Renewables. This is among the first of Viridi's landfill projects and will support the firm’s mission of building North America’s leading RNG platform, generating positive environmental benefits for our community and the planet while producing strong economic benefits. Clean Energy Pipeline is the leading independent source of news, data and analytics for the renewables finance industry. “In addition to the environmental impact, we are excited to support the local economy in Marathon as we kick off operations in the community.” We are reducing greenhouse gas emissions at the county’s landfill, converting that landfill gas into clean RNG, and replacing the need for fossil fuel-derived natural gas in the process,” said Viridi CEO Dan Crouse. ![]() He is a Director of Artis Exploration, Citizen Energy, Eco Material Technologies, Ring Energy, Viridi Energy and Zenith Energy. Previously, he worked at McKinsey & Company in New York. “As the transition away from fossil fuels accelerates, our Marathon County project showcases how waste-to-energy projects can be a win-win-win. Ben-Dor is based in New York, joined Warburg Pincus in 2011 and leads the firm’s efforts in the energy transition & sustainability sector. Viridi will be transforming a dormant biogas-to-energy project into a state-of-the-art RNG facility. The development will convert gas from the Marathon County Solid Waste Department’s landfill into clean RNG, equal to more than three million gallons of gasoline annually. Viridi RNG is proud to announce the launch of our landfill renewable natural gas project in partnership with Marathon County Government in Ringle, Wisconsin.
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