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TC Energy, 3 Rivers Energy Partners, Canadian Business Journal to Develop Renewable Natural Gas Production Facility at Jack Daniel’s Distillery

CALGARY, Alberta, Oct. 17, 2022 (GLOBE NEWSWIRE) — NEWS RELEASE — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced the completion of its 2,930 announced a million dollar investment. Near Jack Daniel’s Distillery in Lynchburg, Tennessee. Owned by Lynchburg Renewable Fuels LLC, the facility will produce RNG with a carbon intensity score 50% lower than conventional natural gas, saving up to 16,000 tons of CO2e per year. The project is being developed by 3 Rivers Energy Partners, LLC, which also owns Lynchburg Renewable Fuels.

When it begins operations in 2024, a by-product of Jack Daniel’s distillation process will be broken down to produce methane gas that will be recovered as biogas. The biogas upgrade plant removes contaminants to produce pipeline-quality he RNG and connects directly to local natural gas utilities. Liquid fertilizers are also manufactured, processed, stored and distributed to meet local agricultural demands.

“This investment is our first investment in the production of renewable natural gas. By producing RNG at our Jack Daniels distillery, TC Energy is meeting the challenges of increasing energy demand and reducing emissions. , we can provide our customers with access to affordable and reliable sources of energy.”

TC Energy will market 100% of the RNG production and environmental attributes, including renewable identification numbers and low carbon fuel standards.

John Rivers, CEO of 3 Rivers Energy Partners, said: “What we are doing is a big step forward for Jack Daniels, our local farms and the future of our planet.”

TC Energy and 3 Rivers Energy Partners are also working to jointly develop future RNG projects.

Since 2002, TC Energy has transported RNG with a current capacity of over 30 Bcf per year to the market via 17 interconnections across a pipeline footprint of thousands of miles. This investment will be the company’s first investment to produce his RNG.

The announcement builds on TC Energy’s ongoing development of an extensive low-carbon energy portfolio, most recently when the company began construction of an 81 MW solar facility in Alberta in October.

About TC Energy
We are a team of over 7,000 energy problem solvers working to move, generate and store the energy that North America depends on. Today we are taking action to make that energy more sustainable and safe. We innovate and modernize to reduce emissions from our business. We also provide new energy solutions, from natural gas and renewables to carbon capture and hydrogen, and help other companies and industries decarbonise. Along the way, we invest in our communities and work with our neighbors, customers and governments to build the energy systems of the future.

TC Energy’s common stock trades on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. For more information, please visit TCEnergy.com.

3 Rivers
3 Rivers Energy Partners (3RE), an energy development company, specializes in the design, construction and operation of renewable natural gas projects. Our team works to provide organizations with renewable energy solutions by utilizing existing biowaste streams as feedstock for renewable energy sources. This allows organizations to reduce their environmental impact and return vital nutrients to the planet. We take renewable energy projects from idea to operation. Empowering organizations to create a sustainable future. 3 River Energy.com

Forward-Looking Information
This release contains certain forward-looking information that is subject to significant risks and uncertainties (such statements generally include statements such as “anticipate,” ”, “could”, “would”, “should”, etc.). ”, “estimate”, “intend” or other similar words). The forward-looking statements in this document are intended to provide security holders and potential investors of TC Energy with information regarding TC Energy and its subsidiaries. This includes management’s assessment of the future plans and financial prospects of TC Energy and its subsidiaries. All forward-looking statements reflect TC Energy’s beliefs and assumptions based on information available at the time the statements are made and are not guarantees of future performance. Because actual results could differ materially from the forward-looking information, you should not place undue reliance on forward-looking information or use forward-looking information or financial forecasts for purposes other than their intended purposes. please give me. We do not update forward-looking information as a result of new information or future events, except as required by law. For additional information regarding the assumptions made and the risks and uncertainties that could cause actual results to differ from those expected, please refer to the latest version filed under SEDAR’s TC Energy profile at www.sedar.com. See our Quarterly Shareholder Reports and Annual Reports. and in collaboration with the U.S. Securities and Exchange Commission (www.sec.gov).

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Media inquiries:
Stone Grissom / Suzanne Wilton
[email protected]
403-920-7859 or 800-608-7859

Inquiries from investors and analysts:
Gavin Wiley / Hunter Maw
[email protected]
403-920-7911 or 800-361-6522

3 Contact Rivers Energy:
John Rivers
[email protected]
269-266-2631

PDF available: http://ml.globenewswire.com/Resource/Download/704bf3f9-1115-4c12-bdba-d170124500a5


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TC Energy, 3 Rivers Energy Partners, Canadian Business Journal to Develop Renewable Natural Gas Production Facility at Jack Daniel’s Distillery

Source link TC Energy, 3 Rivers Energy Partners, Canadian Business Journal to Develop Renewable Natural Gas Production Facility at Jack Daniel’s Distillery

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