NEWS HIGHLIGHT
Element Markets acquires Huckabay Ridge
Element Markets, LLC has announced recently that its subsidiary, EM
Biogas, LLC, has acquired the Huckabay Ridge anaerobic digestion facility from
the estate of Environmental Power Corporation.
November 18, 2010,
Houston, Texas – Element Markets, LLC announced recently that its subsidiary, EM
Biogas, LLC, has acquired the Huckabay Ridge anaerobic digestion facility from
the estate of Environmental Power Corporation.
Huckabay Ridge is one of
the largest plants of its kind in North America and processes agricultural
manure and organics (residues from food, grease, and other organic compounds)
into pipeline quality renewable natural gas.
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The acquisition of the Stephenville,
TX, plant positions Element Markets, a privately held alternative energy
development and environmental commodities marketing company, as a leader in the
biomethane market.
“We are very excited about
the future of the Huckabay Ridge anaerobic digestion facility,” said Randy
Lack, a founding member and chief marketing officer of Element Markets.
The Huckabay Ridge
facility contains eight digester tanks, each with a capacity of 916,000 gallons
and converts manure and organics into methane-rich biogas through the process
of anaerobic digestion.
The Huckabay Ridge
facility, built in 2006, reached full capacity in 2008. The facility is vital
to the local community as it helps farmers manage manure, reduces odors and
minimizes the impact of farming operations to the Bosque River Watershed.
