San Francisco, California – December 22, 2021 – ERA Infra Fund I LP, advised by ERA Partners LLC (“ERA”), has completed a majority equity investment in Novilla Investment Holdings, LLC (“Novilla RNG”). This investment will be used to scale Novilla RNG’s operations and execute on its pipeline of dairy renewable natural gas (“RNG”) production facilities across the U.S.

Novilla RNG is a developer, owner and operator of renewable natural gas (“RNG”) production facilities specializing in the production of pipeline-quality RNG from dairy manure. Novilla RNG is led by Mark Hill and Jared Williams who have over 24 years of combined experience spanning both the dairy RNG and landfill gas industries. The company’s relationship with ERA and its operating expertise will allow it to execute and scale projects in partnership with dairy farmers across the U.S.

Mark Hill, Novilla RNG Co-CEO, said, “Novilla RNG was founded to partner with farmers to help them enhance their environmental sustainability while potentially providing a new source of revenue to enable growth. We believe that our extensive operating experience makes Novilla RNG an ideal partner for American dairy farmers.”*

“We are delighted to partner with ERA to enable Novilla RNG’s growth. RNG produced from dairy manure can have a meaningful impact in reducing greenhouse gas emissions due to its negative-carbon footprint. RNG from our projects intend to support decarbonization of certain sectors including municipal, commercial and industrial vehicular transportation,” added Jared Williams, Novilla RNG Co-CEO.*

Matt Carbone, ERA Managing Partner, said, “We are excited to combine Mark Hill and Jared Williams’ demonstrated operating experience with our investment team’s history of partnering with family-owned businesses. We look forward to building a sustainable company that supports ESG objectives through greenhouse gas reduction initiatives while also benefitting farmers.”

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About Novilla RNG

Headquartered in Michigan, Novilla RNG is a leading developer, owner and operator of dairy manure based RNG production facilities. In prior roles, the Novilla RNG management team oversaw and operated eight dairy RNG and 21 landfill gas facilities across the US.

For further information about Novilla RNG, please visit www.novillarng.com.

AIMPERA Capital Partners rebranded to ERA Partners in October 2024 to better reflect our firm’s identity, investment focus, and value-creation process. References to prior names in the original press release have been updated to current names.

*The quotations herein are from the Co-CEOs of an ERA portfolio company. Messrs. Hill and Williams were not paid for their quotations and are not investors in any ERA fund.