Announced
Financials
Sources
Tags
United States
Pending
Real Estate
Single Bidder
Alternative Fuels
renewable natural gas
Acquisition
Majority
Private
Domestic
Friendly
Synopsis
Enbridge, an oil and gas company, agreed to acquire seven renewable gas facilities from Morrow Renewables, a renewable energy company, for $1.2bn. “This transaction represents a uniquely de-risked portfolio of operating and scalable RNG assets. The landfill gas-to-RNG facilities . . . will accelerate progress toward our energy transition goals. I am pleased to welcome the Morrow Renewables team members to the Enbridge family,” Greg Ebel, Enbridge President and CEO.
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