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Amp Americas raises $75 million to convert farm waste to truck fuel

ImpactAlpha, July 29 – There are more than nine million dairy cows in the U.S., each of which produces 65 to 115 pounds of manure per day. Chicago-based Amp Americas is partnering with dairy farmers to recycle that waste stream into a useable, clean energy product.

Amp Americas collects farms’ animal waste and converts it into biogas, then sells that biogas to trucking fleets.

Since its launch in 2011, Amp Americas says it has displaced 324,000 metric tonnes of carbon dioxide, equivalent to saving 32 million gallons of diesel truck fuel.

The company has raised $75 million to expand from its existing three biogas facilities. It intends to break ground on two new sites in the Midwest next year. Houston-based energy investor EIV led the round.

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