Reuters logo
BRIEF-BP and Clean Energy partner to expand U.S. renewable natural gas transportation fueling capabilities
March 1, 2017 / 11:29 AM / 9 months ago

BRIEF-BP and Clean Energy partner to expand U.S. renewable natural gas transportation fueling capabilities

March 1 (Reuters) - Bp Plc:

* BP and Clean Energy partner to expand U.S. Renewable natural gas transportation fueling capabilities

* Under terms of agreement, BP will pay $155 million for Clean Energy’s existing biomethane production facilities

* BP to acquire Clean Energy’s upstream renewable natural gas business and sign long-term supply agreement with clean energy

* BP will continue to subcontract operations of these facilities to Clean Energy

* BP Plc - Clean Energy will buy renewable natural gas fuel from BP and collect royalties on gas purchased from BP and sold as redeem at it stations Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below