Power Sustainable Infrastructure Credit Closes Senior Secured Financing for Novilla RNG's Dairy Renewable Natural Gas Platform

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Power Sustainable Infrastructure Credit Closes Senior Secured Financing for Novilla RNG's Dairy Renewable Natural Gas Platform Power Sustainable Infrastructure Credit Closes Senior Secured Financing for Novilla RNG's Dairy Renewable Natural Gas Platform /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } PR Newswire MIAMI, June 29, 2026 /PRNewswire/ - Power Sustainable Infrastructure Credit ("PSIC") recently closed a US$45 million senior secured financing for Novilla RNG ("Novilla" or the "Company"), a vertically integrated developer, owner and operator of dairy renewable natural gas ("RNG") assets in the United States. The financing will support growth capital expenditures, including the construction of two greenfield dairy RNG projects in South Dakota, and advance Novilla's broader development pipeline. Novilla's projects capture methane from dairy operations and convert it into pipeline-quality renewable natural gas, helping abate methane emissions and supply low-carbon fuel to transportation and utility markets.Founded in 2021, Novilla designs, permits, constructs, owns and operates dairy RNG projects across the United States with five projects operating as of June 2026. The Company is led by an experienced management team with a combined track record of more than 100 years in the RNG and infrastructure sectors. Novilla has been sponsored by ERA Partners LLC, a value-add infrastructure investment firm that specializes in helping to build platforms of asset-rich operating businesses that deliver essential services in the North American lower middle market, since the Company's inception."Novilla stands out for its first-principles approach to building a differentiated dairy RNG platform, combining deep technical capabilities with an expanding portfolio of high-quality projects," said Benjamin Shenwick, Principal of PSIC. "We are pleased to support the Company's next phase of growth as it brings additional projects online. We believe Novilla is well-positioned to deliver durable outcomes for its partners and stakeholders.""This financing provides flexible capital to bring our projects under construction online and continue building our dev...

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