To enter the ethanol sector, Nexus PMG chose to invest in Saola Energy of Wichita, Kansas. Although Nexus PMG is already well known and respected for its work in engineering, project finance, project development and infrastructure decarbonization services in several low-carbon-related industries ranging from biomass to solar, the South Carolina-firm wanted to partner with a proven ethanol and renewables engineering company that would complement what it could bring to the ethanol side.
“We are facing an inflection point in the renewable fuels sector as the industry continues to see rising interest in ethanol, and as more producers seek opportunities to reduce their carbon intensity,” says Chris Hart, president of project development at Nexus PMG. “Ethanol in particular is really growing as a key focus area for our business given its domestic availability, readily available feedstock and lower greenhouse gas emissions.”
