Nexus PMG, a firm specializing in low-carbon infrastructure projects, has announced a strategic investment in Saola Energy, a leading provider of advanced technology and engineering solutions for manufacturers in the renewable fuels industry. This partnership marks a significant expansion for Nexus PMG as it seeks to bolster its presence in the ethanol sector, leveraging the domestic availability of ethanol, readily available feedstock, and lower greenhouse gas emissions.
The investment aims to support green fuel businesses, particularly ethanol providers, in scaling production and reducing their carbon intensity. Nexus PMG's focus on technology and engineering solutions aligns with the growing demand for cleaner energy alternatives and regulatory incentives to mitigate carbon emissions.
Adam Belyamani, COO at Saola Energy, emphasized the collaborative approach of the alliance, stating, “Core to our mission is helping renewable energy businesses scale to new heights and lead in a competitive market. This alliance marks a significant advancement in our capacity to help producers evaluate operational improvements to minimize their carbon footprint and maximize profitability in an ever-changing fuel market.”
Ben Root, General Manager at Saola Energy, underscored the strategic significance of Nexus PMG's investment in enhancing service offerings. He stated, “Nexus PMG's investment better positions us to significantly expand our service offerings. By providing a wider and deeper range of operational and technical resources, we are establishing a strong foundation to more effectively support our growing client base.”
Chris Hart, President of Nexus PMG, highlighted the transformative potential of the renewable fuels sector, particularly in ethanol production. “The renewable fuels sector is at an inflection point, as we continue to see rising interest in ethanol, particularly as more producers seek opportunities to reduce their carbon intensity,” he said. “Our investment in Saola is emblematic of our commitment to the sector and is critical in strengthening our engineering and project management capabilities for biofuel producers in the Midwest and beyond.”
