IFM Investors has launched a low-carbon fuels platform in Texas and appointed Cynthia Walker as president and CEO of the company, to be based in Houston.
The platform, dubbed Mobius Renewables, will have a global, vertically integrated focus, established to accelerate the development, production, distribution and commercialization of biomethane at scale across North America and Europe.
Under Walker’s leadership, the platform will unite IFM’s existing platform GreenGasUSA, with planned acquisitions of operating biomethane facilities, and development opportunities originated by Mobius Fuels.
Mobius Renewables is expected to have more than 5.5 trillion British thermal units per year of biomethane production and distribution volumes generated from landfill gas and anaerobic digestion.
IFM said Mobius Renewables will pursue demand growth by expanding customer relationships across transportation, marine fuels, power generation, natural gas utilities and ind
