Reformed Energy announces investment from Riot Platforms

Reformed Energy has secured a strategic investment from Riot Platforms. By processing solid and liquid waste streams in its closed plasma gasification system, Reformed Energy can effectively prevent over 99% of the methane emissions and pollution that occurs with traditional waste disposal methods while reducing the physical volume of waste by about 90%. This process yields a versatile synthesis gas that can be utilized downstream for sustainable power generation and synthetic fuel production. In short, the company’s unique technology has the ability to clean up existing landfills and reduce incoming waste streams. The self-contained system does not require grid interconnection and generates carbon neutral power while actively reducing existing methane emissions. This investment provides Reformed Energy with the capital to begin the development of its pilot site, where municipal solid waste will serve as the primary waste stream for generating sustainable power for its initial operations. In addition to MSW, Reformed Energy plans to incorporate tires, wood waste, industrial sludges, among other waste streams into its waste-to-energy processes. Upon the successful completion of the pilot site development, the site will serve as a training and demonstration center for parties seeking to leverage Reformed Energy’s technology. Subsequent sites will be considered for development once the pilot site achieves operational scale, commencing our growth journey towards producing synthetic fuels including sustainable aviation fuel and providing cheap power to potential power offtake customers, in a mass commercial scale format.