Community

FRANKLIN, TN and LINDEN, NJ – (October 30, 2019) – Aries Clean Energy has successfully completed the $65 million financial close for the Aries Linden Biosolids Gasification Facility in New Jersey, and construction has commenced. The financing included $50 million of “Green” tax-exempt bonds issued through the Union County Improvement Authority. This facility will divert 130,000 tons of biosolids from local landfills annually, and it will provide the lowest cost option for biosolids disposal in the NY/NJ Metropolitan area.

“The Linden facility will be the most advanced biosolids processing facility in the world utilizing our patented fluidized bed technology. By using our environmentally friendly, renewable system, we will convert biosolids into completely renewable, beneficial products. We are looking forward to investing in the local community and serving the region with sustainable biosolids solutions that will contribute to a cleaner, greener, healthier planet. – Greg Bafalis, CEO of Aries Clean Energy

For more information, please see the press release.

LINDEN, NJ and FRANKLIN, TN – (July 15, 2019) –Aries Clean Energy has received all approvals required to construct New Jersey’s first biosolids-only gasification facility. The plant will bring environmental and sustainable benefits to the area by processing 400 tons of biosolids daily into clean renewable energy.

“Aries patented gasification system eliminates the need for environmentally harmful landfilling or incineration of biosolids, while producing beneficial renewable energy and biochar.  We believe this truly is a beneficial and disruptive technology that will revolutionize the wastewater treatment industry and establish itself as the best available control technology for biosolids disposal” – Gregory Bafalis, CEO Aries Clean Energy

For more information, please see the press release.