.
MergerLinks Header Logo

Announced

Fortistar-backed Fortistar Methane Group to merge with TruStar Energy.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

renewable natural gas

Private

Single Bidder

Alternative Fuels

Merger

Acquisition

Pending

United States

Private Equity

Friendly

Domestic

Majority

Synopsis

Edit

Fortistar-backed Fortistar Methane Group, a developer of renewable natural gas facilities, agreed to merge with TruStar Energy, a company in the RNG fuel supply for the transportation sector. Financial terms were not disclosed. The merger creates a complete, vertically-integrated business that handles every step from project development and construction to producing, marketing and dispensing renewable fuel and the associated renewable credits. With this merger, the combined company will maintain one of the largest portfolios of internally-produced RNG to ensure a stable renewable fuels supply for its customers.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US