Project UpdateJun 17, 2026, 08:02 AM
Aemetis receives MVR equipment; expects $32M annual cash flow boost
AI Summary
Aemetis, Inc. announced the receipt of key equipment for its $40 million mechanical vapor recompression (MVR) system at its Keyes, California ethanol plant. Once operational by the end of 2026, the MVR system is expected to increase annual cash flow from operations by $32 million and reduce natural gas usage by approximately 80%. The project has secured approximately $19.7 million in grants and tax credits, enhancing the plant's operational efficiencies and economic incentives.
Key Highlights
- Aemetis received key equipment for its $40 million MVR system.
- MVR system expected to increase annual cash flow by $32 million.
- Natural gas usage at Keyes plant projected to decrease by ~80%.
- Project secured ~$19.7 million in grants and tax credits.
- MVR system expected to be operational by the end of 2026.
- Ethanol plant produces 65 million gallons per year.
Price Impact
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