Amends a Landfill Gas Sale and Purchase Agreement with WM Renewable Energy, LLC to add a 20 Year Revenue Agreement for WMRE to design, build, finance, and operate new renewable natural gas plant (RC6A006/ESEQD-202475932-01).
Summary
This item amends an existing Landfill Gas Sale and Purchase Agreement with WM Renewable Energy, LLC to add a 20-year revenue agreement. WMRE will design, build, finance, and operate a new renewable natural gas (RNG) plant at the Denver Arapahoe Disposal Site (DADS), located at 3500 South Gun Club Road, Aurora, CO 80018. The agreement features a tiered royalty model for the city, increasing from 10% to 22% over time. This project is expected to be a significant climate reduction measure by reducing methane and CO2 emissions from landfill gas flaring and offsetting diesel vehicle use with compressed natural gas.
This agreement will lead to reduced greenhouse gas emissions from landfill operations and promote the use of cleaner fuel for vehicles, contributing to environmental sustainability.
high