Aemetis CEO to Present to Institutional Investors at 27th Annual Credit Suisse Energy Summit Feb. 28th in Vail, Colorado

Company to Review Recently Announced $5 Billion of Offtake Contracts for SAF and RD

CUPERTINO, CA , Jan. 19, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on negative carbon intensity products, announced that Chairman and CEO Eric McAfee will provide an overview of the Aemetis Dairy RNG, Aviation Fuel, Renewable Diesel, Ethanol and Carbon Sequestration businesses at the 27th Annual Credit Suisse Energy Summit which will be held at the Grand Hyatt Vail in Vail, Colorado on February 28, 2022.   

McAfee will present on the topic “$5 billion of New Contracts for Aemetis Carbon Zero Renewable Fuels: Sustainable Aviation Fuel, Renewable Diesel, Dairy RNG, Ethanol, Biodiesel, CO2 Sequestration.” 

The Aemetis Carbon Zero, 90 million gallons per year, renewable jet/diesel fuel plant is currently completing engineering and permitting for the 125-acre Riverbank, California site.

“Aemetis has recently announced $2 billion of sustainable aviation fuel contracts with Delta Air Lines and American Airlines, with seven signed MOU’s for additional contracts with members of the oneworld Alliance,” stated McAfee. “In addition, we signed a $3.1 billion supply contract with a large travel stop company to provide renewable diesel to California locations.”

McAfee noted, “These final, signed contracts provide 100% of the LCFS, RFS, Blender’s Tax Credit and fuel value to Aemetis as the producer of the renewable fuel, and the aviation fuel is being supplied at a price premium over petroleum jet fuel.”  

Aemetis is also constructing a 52-site Dairy Renewable Natural Gas project near Modesto, California. Phase 1 of the RNG project with two dairy digesters and a 4 mile pipeline is completed and operational. Phase 2 of the project is under construction, including a biogas upgrading facility to produce RNG, a PG&E utility gas pipeline interconnect, 15 additional dairy digesters, and 32 miles of pipeline.

The Aemetis Biogas Central Dairy Digester project has already obtained a negative 426 (-426) carbon intensity rating from the California Air Resources Board (CARB) for biogas produced by Phase I.  

When fully built out, the planned 52 dairy digesters in the Aemetis biogas project are expected to capture more than 1.4 million MMBtu of dairy methane and reduce greenhouse gas emissions equivalent to an estimated 5.2 million metric tonnes of CO2 each year, equal to removing the emissions from approximately 1.1 million cars per year.