Noble Environmental Announces Sale of $34.8 Million in Investment Tax Credits, and Commercial Operations of 3 New RNG Facilities - CleanTechnica

Noble Environmental, Inc. announced the sale of approximately $34.8 million in Investment Tax Credits (ITCs) generated by two of its renewable natural gas (RNG) facilities. Concurrently, the company commenced commercial operations at three new RNG facilities, two of which were part of the ITC transaction. These facilities convert landfill gas into pipeline-quality RNG, capturing methane that would otherwise be released into the atmosphere, thereby achieving significant greenhouse gas reductions. The company emphasized the critical role of RNG in the energy transition, highlighting its ability to reduce lifecycle greenhouse gas emissions by over 50% and air pollutants by up to 90% compared to conventional natural gas. RNG is compatible with existing pipeline infrastructure, offering a scalable and immediate decarbonization solution for sectors such as waste, transportation, industrial, and utilities. Noble Environmental, based in Canonsburg, Pennsylvania, operates solid waste management services and RNG facilities across Pennsylvania, Ohio, and Maryland, employing over 400 people.