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Announced

Snam to acquire biomethane assets from Asja Ambiente for $113m.

Synopsis

Snam, an energy infrastructure operator, agreed to acquire biomethane assets from Asja Ambiente, a renewable energy solutions provider, for $113m. This transaction relates to the acquisition of four companies that own recently-built operating plants located in Liguria, Lazio and Umbria, with an expected useful life of 20 years, and the entry into a company owning a plant under construction and one under development in Sicily.

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