Archaea Energy completed the acquisition of NextGen Power Holdings from Castleton Commodities International for $215m.

Archaea Energy, a RNG producers, completed the acquisition of NextGen Power Holdings from Castleton Commodities International, a privately held global merchant firm, for $215m. "Today’s announcement marks a significant achievement in executing on our strategy of securing as many economically attractive RNG development opportunities as possible, building the biggest and highest quality RNG development backlog in the industry, and growing the long-term earnings power of our business. The INGENCO platform provides an opportunity set of high-quality projects for our in-house technical and project development professionals to develop and generate compelling returns by building high margin RNG facilities using our Archaea V1 plant design while also exploring opportunities to optimize the existing electricity generation infrastructure," Nick Stork, Archaea Co-Founder and CEO.