Aemetis Biogas, a renewable fuels and biochemical company, generates $1.6 million in LCFS and D3 RIN credits in April alone
May 5 2025
American company Aemetis Biogas, a subsidiary of Aemetis, Inc. (NASDAQ: AMTX), has announced the generation of $1.6 million in revenue during April 2025 from the sale of California Low Carbon Fuel Standard (LCFS) credits and D3 Renewable Identification Numbers (D3 RINs) from the federal renewable fuel program.
The credits sold correspond to fourth-quarter 2024 production, under a default carbon intensity pathway of -150. Aemetis Biogas expects to significantly increase its credit generation in the short term, as seven new digesters are pending approval by the California Air Resources Board (CARB). These digesters are projected to have a carbon intensity below -350, which would increase the volume of credits generated by more than 120%.
“The adoption of 20-year low-carbon biofuel mandates is expected to rapidly increase the value of LCFS credits,” said Eric McAfee, CEO of Aemetis.
Aemetis Biogas currently operates 11 digesters processing waste from 12 dairies, with plans to add four more by the second quarter of 2025. The company has installed 58 kilometers of biopipelines and has approval to expand its infrastructure to 96 km as more digesters come online.
In addition to LCFS and RIN revenues, Aemetis participates in the federal tax credit markets, including Section 48 (investment credits) and Section 45Z (production credits). In the past 18 months, it has received $70 million from the sale of tax credits, and more transactions are anticipated in the coming months.
The combination of technological expansion, favorable policy, and a growing market positions Aemetis Biogas as one of the leading companies in the transition to a low-carbon economy in the agroenergy sector.
Source and Credits to Aemetis
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