Aemetis CEO Eric McAfee to Present at the Credit Suisse Renewables and Utilities Conference on May 13-14, 2021
April 14 2021 - 8:00AM
via NewMediaWire --
Aemetis,
Inc. (NASDAQ: AMTX) announced
today
that Chairman and CEO Eric McAfee will
make a presentation and attend one-on-one meetings with
institutional investors at the Credit Suisse Renewables &
Utilities Conference on May 13-14, 2021.
The presentation will focus on carbon
sequestration; negative 426 (-426) carbon intensity renewable
natural gas; negative carbon intensity renewable jet/diesel fuel;
and other below-zero-carbon projects that Aemetis is undertaking to
maximize the value of the California Low Carbon Fuel Standard, the
federal Renewable Fuel Standard, and IRS 45Q tax credits for carbon
sequestration.
McAfee’s presentation will feature the Aemetis
Carbon Capture projects, the Aemetis Central Dairy Biogas
Project, and the Aemetis Carbon Zero renewable jet and diesel
plants. The presentation will be posted on the Investors
section of the Aemetis website at
http://www.aemetis.com/investors/presentation/.
The Aemetis Carbon Capture project at the Aemetis
biofuels plant near Modesto was cited by an October 2020 Stanford
Carbon Capture Center study as one of the most sustainable and
highly profitable potential CCS projects in
California. The Aemetis Keyes ethanol plant was ranked
as one of the top three CCS sites in the state compared to the
largest 61 carbon emission sources in the state.
The Aemetis Carbon Zero renewable jet and diesel
plant, the Aemetis Central Dairy Biogas renewable natural gas
project, and the energy efficiency upgrades to the Aemetis Keyes
ethanol plant include $57 million of grant funding and other
support from the USDA, the US Forest Service, the California Energy
Commission, the California Department of Food and Agriculture,
CAEFTA, and PG&E’s energy efficiency program.
About Aemetis
Aemetis has a mission to transform renewable
energy into below zero carbon transportation fuels. Aemetis
has launched the Carbon Zero production process to decarbonize the
transportation sector using today’s infrastructure.
Aemetis Carbon Zero products include zero carbon
fuels that can immediately “drop in” to be used in airplane, truck
and ship fleets. Aemetis low-carbon fuels have
substantially reduced carbon intensity compared to standard
petroleum fossil-based fuels across their lifecycle.
Headquartered in Cupertino, California, Aemetis is
a carbon sequestration, renewable natural gas, renewable fuel and
bioproducts company focused on the acquisition, development and
commercialization of innovative technologies that replace
traditional petroleum-based products with below zero carbon
emission products. Founded in 2006, Aemetis has
completed Phase 1 and is expanding a California biogas digester
network and pipeline system to convert dairy waste gas into
Renewable Natural Gas (RNG). Aemetis owns and operates a
65 million gallon per year ethanol production facility in
California’s Central Valley near Modesto that supplies about 80
dairies with animal feed. Aemetis also owns and operates
a 50 million gallon per year production facility on the East Coast
of India producing high quality distilled biodiesel and refined
glycerin for customers in India and Europe. Aemetis is
developing the Carbon Zero renewable jet and diesel biorefinery in
Riverbank, California to convert renewable hydrogen from waste
orchard wood and renewable electricity from solar and hydroelectric
sources along with renewable oils into renewable jet fuel,
renewable diesel, cellulosic ethanol and renewable
hydrogen. Aemetis holds a portfolio of patents and
related technology licenses for the production of renewable fuels
and bioproducts. For additional information about
Aemetis, please visit www.aemetis.com.
Safe Harbor Statement
This news release contains forward-looking
statements, including statements regarding our assumptions,
projections, expectations, targets, intentions or beliefs about
future events or other statements that are not historical
facts. Forward-looking statements in this news release
include, without limitation, statements relating to our ability
to commercialize and scale the licensedpatented technology,the
ability to obtain sufficiently low Carbon Intensity score to
achieve below zero carbon intensity transportation
fuel,the development of the Aemetis projects, and the ability
to access the funding required to execute on plant
constructionand operations. Words or phrases such as
“anticipates,” “may,” “will,” “should,” “believes,” “estimates,”
“expects,” “intends,” “plans,” “predicts,” “projects,” “showing
signs,” “targets,” “will likely result,” “will continue,” “enable”
or similar expressions are intended to identify forward-looking
statements. These forward-looking statements are based
on current assumptions and predictions and are subject to numerous
risks and uncertainties. Actual results or events could
differ materially from those set forth or implied by such
forward-looking statements and related assumptions due to certain
factors, including, without limitation, competition in the ethanol,
biodiesel and other industries in which we operate, commodity
market risks including those that may result from current weather
conditions, financial market risks, customer adoption,
counter-party risks, risks associated with changes to federal
policy or regulation, and other risks detailed in our reports filed
with the Securities and Exchange Commission (the “SEC”), including
the Aemetis Annual Report on Form 10-K for the year ended December
31, 2020, and in our subsequent filings with the SEC. We
are not obligated, and do not intend, to update any of these
forward-looking statements at any time unless an update is required
by applicable securities laws.
External Investor Relations
Contact:
Kirin Smith
PCG Advisory Group
(646) 863-6519
ksmith@pcgadvisory.com
Company Investor Relations/
Media Contact:
Todd Waltz
(408) 213-0940
investors@aemetis.com
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