Bion sees $7.2M per-project cost savings from Inflation Reduction Act biogas/solar ITCs

BION ENVIRONMENTAL TECHNOLOGIES INC

Inflation Reduction Act provides 30% Investment Tax Credit for anaerobic digesters and RNG equipment; solar ITC also applies.
Each 15,000-head beef module (like Ribbonwire LOI) increases capex from $43M to $53M with solar; combined AD+solar ITC saves $7.2M per project.
If barns and manure collection qualify (80% of capex), savings rise to $12.7M per project.
CEO Bill O'Neill says IRA climate provisions are a 'big win' for environment, livestock agriculture, and the consumer.

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