Montauk Renewables opened a $200 million hog waste-to-energy facility in Turkey, North Carolina, marking the latest expansion of the Pittsburgh-based renewable energy company.
The facility, which converted the former Bay Valley Foods Distribution Center, uses technology to transform swine waste into electricity and biochar. CEO Sean McClain announced the project details during an opening ceremony attended by Sampson County leaders, members of Montauk Renewables' board, and North Carolina Senator Brent Jackson, who chairs both the Appropriations Base Budget Committee and the Agriculture, Energy and Environment Committee in the state Senate.
As of late August, Montauk had secured long-term agreements with more than 80 farming locations, providing access to over 415,000 hog spaces designated for the first phase of development.
McClain said, "Farmers are the backbone of the North Carolina economy, and we are thankful to partner with them and Sampson County."
Montauk Renewables (NASDAQ: MNTK) specializes in managing, recovering, and converting biogas into renewable natural gas and electrical power. The company currently operates 14 projects spanning California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, South Carolina, and Texas.
The North Carolina Department of Agriculture estimates agriculture generates more than $100 billion in annual economic impact for the state.
