Shell boosts RNG operation with the acquisition of Nature Energy
Global energy player acquires the largest renewable natural gas producer in Europe for $2 billion. | PetrolPlaza
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Global energy player acquires the largest renewable natural gas producer in Europe for $2 billion. | PetrolPlaza
Shell Petroleum NV has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners, and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S for nearly US$2 billion.
Shell Petroleum, a wholly owned subsidiary of Shell, has reached an agreement with Davidson Kempner Capital Management, Pioneer Point Partners and Sampension to buy Nature Energy Biogas (Nature Energy) for nearly $2bn (€1.9bn).
/PRNewswire/ -- Nature Energy Biogas A/S ("Nature Energy" or the "Company"), a leader in biomethane and renewable energy production from organic waste, today...
Nature Energy plans to operate plants in Minnesota and Wisconsin that would use manure from dairy farms and other organic waste to create natural gas for heating homes and other uses. A subsidiary of the Shell petroleum company is buying Denmark-based Nature Energy for $2 billion