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Hanaa Siddiqi

Nexus W2V Secures $140 Million Investment to Build Flagship RNG Facility in Indiana




Nexus W2V, a leader in waste-to-value infrastructure, has finalized a $75 million structured equity commitment from Orion Infrastructure Capital (OIC), with additional investments from Nexus Holdings, Khasma Capital, and debt financing by Ameris Bank. This milestone paves the way for constructing the Kingsbury Bioenergy Complex in La Porte, Indiana—a facility designed to transform source-separated organic waste into renewable natural gas (RNG), compost, and biochar.


"National waste is on the rise, and the legislation around waste management is quickly evolving to drive meaningful change across the industry," said Ben Hubbard, CEO of Nexus Holdings. "Nexus W2V is embracing that change and providing a cost-competitive alternative waste disposal method that's positive for both energy production and the environment."


Located just 70 miles outside Chicago, the Kingsbury Bioenergy Complex will process 200 tons of organic waste daily, producing RNG that will be injected into Northern Indiana's existing pipeline network. By leveraging this technology, the facility will enhance the region’s renewable energy supply while supporting a circular economy.


"In conjunction with our newly forged capital partnership, Nexus W2V is well prepared to deliver industry-leading projects in the waste-to-value sector across North America, and OIC is excited to play a part in deploying these innovative solutions supporting sustainable landfill diversion and the reduction of associated emissions," said Chris Leary, Investment Partner and Head of Infra Equity at OIC.


Set to be fully operational by 2026, the project is expected to:

  • Deliver domestically produced RNG to meet growing energy demands.

  • Create 35 local jobs, bolstering La Porte’s economy.


"The Kingsbury Bioenergy Complex will offer the greater Chicago area and western Indiana a long-term solution to their organic waste disposal needs," said Roshan Vani, CEO of Nexus W2V. "It's the first in a series of waste-to-value projects that Nexus W2V has planned nationwide and serves as a blueprint for how we plan to think about the waste-to-value ecosystem."


Pioneering Expertise


Led by industry veterans with decades of experience in bioenergy development, industrial design, and regenerative agriculture, Nexus W2V offers a comprehensive approach to waste remediation. Their integrated model includes:

  • Diverting organic waste to RNG.

  • Converting food and green waste into compost.

  • Transforming wood and agricultural waste into biochar.

  • Operating full-scale municipal waste sorting and recovery systems.


Investment Backing from Leading Partners


This transformative project is supported by:

  • OIC: A global investor managing $5 billion in assets, specializing in sustainable infrastructure solutions.

  • Khasma Capital: An expert in funding energy transition and circular economy projects.

  • Ameris Bank: Providing robust financial services to drive sustainable growth.


Nexus W2V’s Kingsbury facility reflects a bold vision for the future of waste-to-energy infrastructure, turning waste streams into renewable resources while reducing landfill reliance and emissions. This marks a significant step toward a more sustainable energy landscape.


About Nexus W2V

 Nexus W2V develops cutting-edge waste-to-value solutions, offering waste remediation services across North America.


About Orion Infrastructure Capital (OIC)

 OIC invests in sustainable infrastructure, advancing projects in energy efficiency, waste recycling, and renewable fuels.


About Nexus Holdings

 With over $35 billion in low-carbon projects executed, Nexus Holdings is a leader in sustainable infrastructure solutions.


About Khasma Capital

 Khasma Capital funds and supports circular economy projects, accelerating energy transition initiatives.


About Ameris Bank

 Ameris Bank manages $26.4 billion in assets, providing tailored financial solutions.

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