The Big Wide Door Opening for Biofuels
About this episode
Michael Bakas discusses the founding of Neogenyx Fuels and the current state of the biofuels industry.
What does it take to build a billion-dollar biofuels company from inside one of energy’s most durable entrepreneurial firms? Michael Bakas has spent 25 years at Ameresco — and now he’s leading Neogenyx Fuels, a new $1.8 billion joint venture with HASI. Elisa Wood of Energy Changemakers gets the full story: the cocktail-napkin founding of Ameresco, the dual energy crisis (geopolitics + AI demand), and why RNG’s global moment has arrived. Whether you work in energy development, finance, policy, or utilities — or you’re simply watching the clean energy transition unfold — this conversation is a rare look at how one company has been building the infrastructure for what now appears to be America’s biofuel moment.
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