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Suburban Propane Partners LP(SPH-N)
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Suburban Propane Partners, L.P. to Acquire Renewable Natural Gas ("RNG") Production Assets from Equilibrium Capital Group and Establishes Partnership for the Development of Additional RNG Projects

PR Newswire - Wed Dec 28, 2022

WHIPPANY, N.J., Dec. 28, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. ("Suburban" or the "Partnership") (NYSE: SPH), a nationwide distributor of propane and other energy products to local communities, as well as an investor in low carbon energy alternatives, announced that its wholly-owned subsidiary, Suburban Renewable Energy, LLC ("Suburban Renewables"), reached an agreement to acquire a platform of renewable natural gas ("RNG") assets from Equilibrium Capital Group ("Equilibrium"), a leading sustainability-driven asset management firm.  In addition to the purchase of two operational biogas facilities, the parties have formed a partnership to serve as a long-term growth platform for the identification, development and operation of additional RNG projects; including an existing pipeline of identified RNG projects that are in various stages of development.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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