Announced
Financials
Tags
methane gas
Acquisition
Pending
Private
Majority
Energy / Utility Services
Private Equity
Single Bidder
United States
Cross Border
Friendly
Synopsis
IFM Investors, a provider of investment services, agreed to acquire a majority stake in GreenGasUSA, a renewable natural gas developer, owner and operator. Financial terms were not disclosed. “We are excited to welcome GreenGas into the IFM NZIF portfolio and support its next phase of growth. RNG projects operated by GreenGas can deliver significant emissions reductions, which is well aligned with IFM’s net zero commitments and our purpose to protect & grow the long-term retirement savings of working people,” Kyle Mangini, IFM Investors Global Head of Infrastructure.
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