bp Completes Acquisition Of RNG Producer Which Includes Acquisition Of Retail Supplier

bp completed its purchase of Archaea Energy Inc., a provider of renewable natural gas (RNG)

The acquisition of Archaea Energy Inc. included Archaea's subsidiary Collegiate Clean Energy, LLC. Archaea had only acquired Collegiate Clean Energy, a competitive retail electric service provider and aggregator in Virginia, earlier this year

Full details of the Archaea acquisition can be found in our prior story here

"We see enormous opportunity to grow our bioenergy business by bringing Archaea fully into bp," said Dave Lawler, chairman and president bp America.

bp also recently closed on its previously reported acquisition of EDF Energy Services LLC, the retail business of EDF Trading North America, from EDF Trading