Vanguard Renewables, a U.S. leader in organics-to-renewable energy, today announced that a fund managed by BlackRock Real Assets has acquired the company from Vision Ridge Partners. BlackRock Real Assets will partner with Vanguard Renewables’ management team to build upon the company’s market-leading track record and drive its next phase of growth, including its plans to commission more than 100 anaerobic digesters to produce renewable natural gas across the country by 2026.
Since its founding by John Hanselman and Kevin Chase in 2014, Vanguard Renewables has been changing the perception of U.S. food waste and how that waste can be recycled into renewable energy to benefit the planet. The company mitigates greenhouse gas emissions from food waste and cow manure through two distinct business lines: Vanguard Organics and Vanguard Ag. Vanguard Organics’ Farm Powered® anaerobic codigestion process converts inedible food and beverage waste and dairy manure into renewable natural gas and liquid low-carbon fertilizer. Vanguard Ag, developed in partnership with Dominion Energy in 2019, converts manure into renewable natural gas. This multi-year partnership is essential to Vanguard Ag’s growth and Dominion Energy’s commitment to further its ESG goals via significant investments in renewable natural gas projects. More >>