HomeNovember 1, 2022
Update: bp Acquisition Of U.S. RNG Producer Includes Retail Supplier
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A FERC filing confirms that bp's recently announced agreement to acquire Archaea Energy Inc., a producer of renewable natural gas (RNG) in the U.S., includes Archaea's subsidiary Collegiate Clean Energy, LLC
Archaea has only acquired Collegiate Clean Energy, a competitive retail electric service provider and aggregator in Virginia, earlier this year
See our prior story for more details on bp's acquisition of Archaea
bp has cited the ability to sell RNG to its existing natural gas end-use customers as a major driver of the Archaea acquisition
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