WASTE TO NEW PRODUCTS
In October 2020, Brightmark LLC and Chevron U.S.A. Inc. announced the formation of the Brightmark RNG Holdings LLC joint venture to own projects across the United States to produce and market dairy biomethane, a renewable natural gas. Equity investments by each company in the new venture fund construction of infrastructure and commercial operation of dairy biomethane projects in multiple states. Chevron purchases RNG produced from these projects and markets the volumes for use in vehicles operating on compressed natural gas. The formation of this project is also in partnership with the Vlot Calf Ranch and Dairy Farm in Chowchilla, California.