Aug. 4 at 1:39 PM
$AMTX 2026 Revenue Outlook for Aemetis
RNG Segment:
• Targeting 1 million MMBtu of RNG by end of 2026.
• Expected LCFS revenue: ~
$60 million.
• Combined with 45Z, RINs, and gas sales, total RNG revenue could exceed
$100 million annually .
Ethanol Segment:
• Mechanical Vapor Recompression project reduces gas use, increasing annual cash flow by
$32–
$35 million starting in 2026 .
• EPA approval of E15 blending (expected in California mid‑2025) expands ethanol demand, potentially adding over 600 M gallons annually in California alone and supporting stronger margins and volume growth nationwide .
SAF / Renewable Diesel and Carbon Capture:
• SAF/RD plant (90 M gal/year capacity) at Riverbank awaits financing and further clarity on 45Z credits to support economics .
• CO₂ sequestration project could qualify for both California credits and 45Q federal credit (via Section 45Q, separate from 45Z) to monetize captured CO₂—potentially material upside from its planned capacity.