Aemetis Unit Signs $27 Million Deal With Centuri to Build Gas Systems for Dairy Digesters

MT Newswires Live

05/13

Aemetis (AMTX) said Tuesday its Aemetis Biogas unit has signed a $27 million agreement with Centuri Holdings (CTRI) to build biogas cleanup systems for 15 dairy digesters.

The deal, and expected future agreements with Centuri, will allow Aemetis Biogas to boost the construction of dairy digesters to produce renewable natural gas for a total of 50 dairies that have already been signed by the unit, the company said.

Aemetis shares were nearly 8% higher in recent trading, while Centuri was up by more than 4%.

Price: 1.54, Change: +0.12, Percent Change: +8.10

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