Professional M&A intelligence for the energy transition
Shell acquired Danish renewable natural gas (RNG) producer Nature Energy Biogas for $2B. Nature Energy was Europe's largest RNG producer, operating 14 biogas plants in Denmark.
BP plc completed the acquisition of Archaea Energy Inc. for an enterprise value of approximately $4.1 billion, including approximately $800 million of net debt. Houston-based Archaea Energy is the largest renewable natural gas (RNG) producer in the United States, operating 50 RNG and landfill gas-to-energy facilities and producing approximately 6,000 boe/d of RNG.
Verdalia Bioenergy, the Goldman Sachs-backed European biomethane platform, completed the acquisition of seven operating renewable natural gas plants in Italy. The portfolio consists of 7 plants located in the province of Brescia, with an approximate combined production capacity of 190 GWh of biomethane derived from a processing capacity of 350,000 tonnes of raw materials per […]
EQT Transition Infrastructure, through the investment vehicle Box BidCo S.A.S., completed its acquisition of a 54.1% majority stake in French renewable gas producer Waga Energy SA for approximately €21.55 per share (~$600M). The investment accelerates Waga Energy's international growth, particularly in the U.S., as it scales renewable natural gas production.