Archaea Energy — leading US RNG (renewable natural gas) developer/operator, 50+ landfill gas + biogas projects
bp's largest US bioenergy acquisition. Announced Oct 17, 2022; closed Dec 28, 2022. All-cash $26/share ($3.3B equity); $4.1B total enterprise value including $800M net debt. Archaea processes biogas from landfills + biogas to pipeline-quality RNG (used for transport fuel, power, heating). Major step in bp's strategic bioenergy growth.
$4.10B
Deal Value
Other
Technology
Multi-state
Location
Deal Details
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