BP to buy Archaea Energy for $4.1 billion

Keefe Borden

October 18, 2022

BP plans to buy Archaea Energy, a major producer of renewable natural gas (RNG) in the U.S. for about $4.1 billion, or $3.3 billion in cash and the assumption of about $800 million of net debt, the companies announced.

The purchase price represents about $26 per Archaea share, a 38%…

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