Mustang Renewable Power Ventures (Mustang) seeks to create sustainable economic solutions for the solid waste industry while maximizing the value of the waste stream.
We focus on maximizing landfill diversion using proven European technologies such as mixed waste optical sorting, anaerobic digestion, composting and engineered fuel processing to minimize residue without the use of combustion technology. We have found this technology portfolio approach to be the most effective at Greenhouse Gas Reductions based on the US EPA Waste Reduction Model compared to conventional RDF or mass burn waste to energy plants.
We focus on maximizing landfill diversion using proven European technologies such as mixed waste optical sorting, anaerobic digestion, composting and engineered fuel processing to minimize residue without the use of combustion technology. We have found this technology portfolio approach to be the most effective at Greenhouse Gas Reductions based on the US EPA Waste Reduction Model compared to conventional RDF or mass burn waste to energy plants.
Motivation |
There is a growing concern nationwide regarding climate change, and many states are starting to address the issue. Several of these states--namely California and Oregon--have incorporated the reduction of waste as a strategy to reduce greenhouse gas (GHG) emissions and other issues. In addition, many landfills nationwide will reach capacity and will close in less than a decade. Mustang was inspired both by state action against climate change and the depleting landfill capacity.
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Business History |
Mustang Renewable Power Ventures, LLC is a successful Resource Recovery Project ("RRP") developer based in Newport Beach, California. Mustang has been developing these projects across the USA and Canada since 2008 using industry-leading waste processing technologies.
The principals of Mustang have substantial experience in the real estate market and have acquired, financed, and managed over $2 billion worth of real estate projects. Furthermore, Mustang’s management team has over 50 years of real estate experience with a portfolio including over 1.5 million square feet of commercial and non-commercial property in Los Angeles, Ventura, Santa Barbara and San Luis Obispo counties. In addition to its extensive real estate development experience, Mustang's management team commands a track record of success with complex regulatory permitting, requiring significant community outreach and various environmental regulatory agencies (Department of Toxic Substances Control, Regional Water Quality Control Boards, Air Quality Management Districts, County Health Departments, California Integrated Waste Management Board). Mustang has a unique combination of environmental agency coordination, landfill gas mitigation, complex project entitlement experience, and institutional financing track record. |
