Chapter 00 — Industry Use Case
Investors & Infrastructure Funds. Green-infrastructure returns, feedstock-diversified.
Every use case above is an investable SPV. Whichever feedstock or region an allocation favours, the underlying thesis is the same: contracted feedstock, contracted offtake, and a carbon-credit stream on top — packaged as on-chain SPVs through Ardana Capital.
$2.4–3.5B
Projected portfolio EV
$237M
Stabilised annual EBITDA
~25.3%
Target annual ROI
$47.8M
Annual carbon-credit revenue
Portfolio figures across 55 plants at full deployment — see Ardana Capital for SPV terms.
The Challenge Today
- Green-hydrogen allocations lack de-risked, cash-generative assets.
- Feedstock and offtake risk is hard to underwrite in early H₂ projects.
- Carbon-credit revenue is often unstructured and hard to value.
- Access to project-level SPVs is opaque and intermediated.
How Ardana Fits
- Feedstock-diversified portfolio — MSW, oil sludge, biomass and reject coal.
- Contracted feedstock and offtake underpin bankable cash flows.
- Carbon-credit revenue stacks on top of hydrogen and power sales.
- On-chain SPV structure via Ardana Capital with transparent terms.
Chapter 01 — Relevant Feedstocks
The streams behind this case.
Municipal
Municipal Solid Waste
Mixed, unsorted, moisture-heavy — and processed exactly as delivered.
Explore MSW →Refinery residueOil Sludge
A hazardous liability turned into the highest-yield stream we run.
Explore Oil Sludge →Renewable biomassBamboo & Biomass
A carbon-negative feedstock that regrows in years, not epochs.
Explore Bamboo →Stranded carbonReject & Low-Rank Coal
Value from the carbon nobody else can burn.
Explore Coal →