Converting invasive aquatic biomass into renewable natural gas (RNG) and biofuels
A pioneering clean energy company harnessing proprietary biorefinery technology to convert invasive aquatic biomass waste into renewable natural gas (RNG) and biofuels. By capturing methane emissions and utilizing CO₂, it advances a global carbon-negative model while restoring ecosystems and creating valuable circular economy byproducts.
TECHNOLOGY / INNOVATION
AFI’s biorefinery system uses exclusive licensed European technology to liquefy and enhance the biofuel yield from invasive aquatic biomass like water hyacinth and hydrilla. The process converts harvested biomass into RNG, liquefied CO₂ for industrial use, and compost, creating a negative carbon intensity (CI) fuel. This methane avoidance model uniquely taps into one of the largest unaddressed sources of methane emissions — lakes and wetlands — transforming a global environmental challenge into a profitable clean energy solution.
CURRENT STATUS
AFI has assembled a seasoned team, secured the technology licensing, and identified its first biorefinery site in Florida. The initial facility, designed to process 75,000 dry tons of biomass annually, has an estimated CAPEX of $60 million and has secured 100% debt funding (with repayment guaranteed by bond) through the Estates & Infrastructure Exchange (EIX) in London. AFI is seeking $5 million in exchange for a 25% equity stake, based on a conservative $20 million valuation, to launch the first facility and scale toward a fleet of global deployments.
ORIGINS
Recognizing the vast methane emissions from aquatic biomass decomposition — an issue largely overlooked compared to manure management — AFI was founded to harness the untapped potential of invasive aquatic plants. Driven by the dual goals of methane avoidance and carbon-negative fuel production, the company set out to pair European processing innovation with large-scale biomass harvesting opportunities across the US, Latin America, Africa, and Asia.
OWNERSHIP
AFI is a C-Corporation registered in the State of Delaware, privately owned by its founders and seeking additional equity investors to support growth.
USP
AFI offers a globally scalable methane avoidance and carbon-negative biofuel platform by targeting invasive aquatic biomass, an abundant and underutilized feedstock. Its approach simultaneously generates high-value RNG, CO₂ for industrial displacement, and compost, while improving waterway health and ecosystem services — a compelling model that outperforms conventional renewables on carbon intensity.
CUSTOMERS
RNG buyers, food and beverage companies seeking fossil-free CO₂, carbon credit buyers, governments, utilities, and climate-conscious industries looking for negative CI fuels and high-impact decarbonization solutions.
OF NOTE
CEO
Jeffrey Allen
MEDIA
