BP has agreed to acquire Clean Energy Fuels Corp's biomethane production assets for USD155 million, expanding BP's gas supply portfolio in the US. BP will take over Clean Energy Fuels Corp's existing and two new biomethane production sites as well as supply contracts from third parties. As part of the deal, the Clean Energy will also signed a long-term agreement to purchase biomethane from BP.
Press release:
CHICAGO, Ill. and NEWPORT BEACH, Calif....
