Optimus Technologies and Renewable Energy Group Implement B100 Technology to Help City of Madison Reach Sustainability Goals

Use of 100% Biodiesel Will Help Fleet Reach Net Zero Target

Pittsburgh, PA, March 9, 2022 – The City of Madison, Wisconsin will soon be seeing emissions reductions after converting 17 of their fleet vehicles to operate on 100% biodiesel, thanks to their partnership with Optimus Technologies and Renewable Energy Group (NASDAQ: REGI) (REG).

Biodiesel is a cleaner alternative to petroleum diesel that is a sustainable solution for fleets. Over the lifecycle of the fuel, biodiesel can reduce greenhouse gas emissions by up to 86% when compared with petroleum diesel. Utilizing Optimus Technologies proprietary Vector System, a simple vehicle add-on that works in conjunction with the conventional diesel components, fleets can operate on B100 year-round.

“Optimus’ Vector System is in use in cities across the U.S. like Washington, D.C. and the City of Chicago where we’re eliminating carbon emissions from critical public services such as refuse collection and snow removal,” said Colin Huwyler, CEO of Optimus Technologies. “These applications require severe-duty trucks with the ability to perform in the harshest conditions without compromising reliability or performance. While others sit idly by and wait for electrification solutions that are decades away, we’re incredibly excited to add the City of Madison to the growing list of leading cities that have made the decision to deploy 100% biodiesel to accelerate their decarbonization objectives.”

The City of Madison has set the ambitious goal of reaching 100% renewable energy and zero net carbon emissions for all City operations by 2030. The City of Madison is the first city in America, and currently the only city, that has achieved LEED GOLD status for environmental sustainability with their fleet garage. The City has also already launched an integrated energy management approach to reduce their emissions, which includes use of biodiesel, propane, solar, RNG and electric vehicle technology. While all are proving to be viable solutions, B100 technology is a 100% renewable solution that is available now, and doesn’t require purchasing costly new vehicles.

“The City of Madison looks forward to turbocharging our carbon emission reductions in 2022 with the B100 pilot, drawing on support from REG, Optimus Technologies, Clean Fuels Alliance America and the Wisconsin Soybean Marketing Board,” said Mahanth Joishy, Superintendent, City of Madison Fleet. “The icing on this cake is that all renewable source materials of the biodiesel we purchase are from Wisconsin, and all of it is processed by REG right here in our own Dane County. We are buying a perfect blend of economy plus environment to power the state capital for years to come.”

The 17 City of Madison vehicles were installed with the Vector System at the end of February, and will begin operating on B100 in the coming weeks. The vehicles that were converted include three dump trucks, 12 garbage trucks, one 644kh loader and one wood grinder.

“We are seeing a greater number of municipalities and fleets across the nation searching for solutions that can help them to meet their targeted sustainability goals,” said Jon Scharingson, Executive Director, Strategic Initiatives at REG. “The B100 system that Optimus has to offer, in conjunction with REG biodiesel, is a perfect combination for fleets who are looking to make a change today.”

About Optimus Technologies
Optimus Technologies is a clean energy technology company based in Pittsburgh, Pennsylvania. Optimus manufactures The Vector System, an advanced fuel system technology that enables diesel engines to operate on 100% biodiesel. The Vector System is designed for medium and heavy-duty fleet applications where emissions reductions are challenging or impossible to achieve in a cost-effective manner through other means. The Vector System integrates into existing operations to facilitate a seamless transition to low-carbon fuels. Optimus’ Vector System is in use with leading municipal and private fleets throughout the country such as DC Public Works and ADM. Use of The Vector System has enabled these fleets to achieve near-zero carbon emissions, while also reducing their fuel and fleet operating costs.

About Renewable Energy Group
Renewable Energy Group, Inc. is leading the energy and transportation industries’ transition to sustainability by converting renewable resources into high-quality, sustainable fuels. Renewable Energy Group is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. Renewable Energy Group utilizes a global integrated procurement, distribution and logistics network to operate 11 biorefineries in the U.S. and Europe. In 2020, Renewable Energy Group produced 519 million gallons, or 1.7 million metric tons, of cleaner fuel delivering 4.2 million metric tons of carbon reduction. Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.

Links

• City of Madison Partnership with Optimus Technologies
• City of Madison Fleet

Images