Announced
Completed
Synopsis
BlackRock Real Assets, a global investment company, completed the acquisition of Vanguard Renewables, a company which engages in the development of organics-to-renewable energy projects, from Vision Ridge Partners, an investment firm. Financial terms were not disclosed. “We are pleased to invest in Vanguard Renewables, a leading producer of renewable natural gas from agriculture and organic food waste in the U.S., supported by long-term contracts. Renewable natural gas is an attractive and fast-growing market that provides decarbonization solutions for both the provider of the waste, as well as the natural gas consumer. We look forward to partnering with Vanguard Renewables’ experienced management team to support the company’s strong growth momentum,” Mark Florian, BlackRock Real Assets Head of Diversified Infrastructure.
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