Mechanical Vapor Recompression Project at Keyes Ethanol Plant

under construction

Aemetis is undertaking a $40 million mechanical vapor recompression (MVR) project at its Keyes, California ethanol plant. Major equipment has arrived on-site and construction has begun. The system will use on-site solar and grid electricity to displace approximately 80% of the fossil natural gas consumption at the plant. Commissioning is expected later in 2026, which will add approximately $32 million in annual cash flow from operations, including additional 45Z and LCFS uplift from the expected reduction in the carbon intensity of the ethanol produced and cost savings on natural gas.