Power Sustainable Infrastructure Credit has closed a US$45 million senior secured financing for Novilla RNG, a vertically integrated developer, owner and operator of dairy renewable natural gas assets in the United States. The financing will support growth capital expenditures, including the construction of two greenfield dairy RNG projects in South Dakota, and advance Novilla's broader development pipeline. Novilla's projects capture methane from dairy operations and convert it into pipeline-quality renewable natural gas, helping abate methane emissions and supply low-carbon fuel to transportation and utility markets. Founded in 2021, Novilla has five projects operating as of June 2026 and is led by a management team with more than 100 years of combined experience in the RNG and infrastructure sectors. With this transaction, PSIC has completed ten investments across North America, following the recent close of its first global fund which brought total capital aligned with the strategy to more than US$1 billion.
Receives $45M financing to support growth capex and pipeline development.
Closes a $45M investment, adding to its portfolio and demonstrating fund deployment.