The Monarch Bioenergy JV captures methane emissions from animal manure and converts them into pipeline-quality natural gas.

TPG Rise Climate comes on board Monarch Bioenergy, a joint venture between Roeslein Alternative Energy and Smithfield Foods as an equal partner with an undisclosed investment. Monarch uses Roeslein’s technology and Smithfield’s farming practices to convert methane emissions from animal farming into renewable natural gas (RNG) that can power homes, businesses and cars. (Bioenergy Insight)

TPG Rise Climate is the climate-focused arm of TPG Rise, TPG’s global impact investing platform.

“Applying Roeslein’s anaerobic digester technology, as well as additional circular technologies and environmental protections, to Smithfield’s hog farms is a significant and meaningful step towards addressing methane emissions at their source,” said Marc Mezvinsky, Business Unit Partner in TPG Rise. “Advancing and scaling proven GHG abating technologies like those used by Monarch is central to our mission at TPG Rise Climate.”

While Monarch’s anaerobic digester infrastructure captures methane emissions from manure and converts those emissions into pipeline-quality natural gas, the byproducts from the digestion process serve as feedstock for fertilizer, irrigation, and soil regeneration on farms.

As such, closed loop, zero-waste systems can be created for large farms.

“With additional capital and expertise from TPG Rise Climate, Monarch will continue to advance Roeslein’s technology and commercialize its adoption to large and small agricultural operations across the country,” said Chris Roach, CEO of Monarch.

In addition, Monarch and Roeslein are collaborating on the latter’s aim to restore 30 million acres of land to native prairie plants strategically located around waterways, streams, rivers, and highly erodible lands.

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