TC Energy Corp. is partnering with the granddaddy of American whiskey, the 156-year-old Jack Daniel Distillery in Tennessee at Lynchburg, to break into renewable natural gas (RNG) production.

TC

For C$29.3 million ($22 million), TC bought into a partnership with 3 Rivers Energy Partners LLC called Lynchburg Renewable Fuels LLC that has a deal with the oldest distillery in the United States to convert its grain byproducts into RNG.

The Calgary pipeline and utility conglomerate said all the RNG originating from Jack Daniel would go to a Tennessee distribution company. TC predicted its partnership share would earn annual greenhouse gas (GHG) reduction credits of up to 16,000 tons.

[Shale Daily: Including impactful news and transparent pricing for shale and unconventional plays...