Key facts
- Neogenyx Fuels launched in May 2026 as a joint venture.
- The venture is a 70/30 project between Ameresco and HASI.
- Neogenyx is built with Ameresco's legacy biofuels business.
- HASI committed $400 million in capital to the venture.
- The company aims to scale production of renewable natural gas (RNG).
Neogenyx Fuels officially launched in May 2026, established as a 70/30 joint venture between Ameresco and HASI. This new entity leverages Ameresco's existing biofuels business and is backed by a significant $400 million capital commitment from HASI. The company's primary objective is to scale up the production of renewable natural gas (RNG) derived from landfills. Mike Bakas, CEO of Neogenyx Fuels, discussed the evolution of Ameresco's RNG operations and the strategic importance of the HASI partnership in achieving increased production of green molecules.