BP Acquires RNG Producer Archaea Energy for $4.1 Billion
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Estimated Price
4.1BB
Description
To purchase Houston-based RNG producer, Archaea, which operates about 50 RNG and landfill gas-to-energy facilities across the US, for $3.3B in cash plus the assumption of $800MM net debt. (Expected to close by year-end)