Archaea Energy And Republic Services Celebrate Renewable Natural Gas Plant In Lightning Renewables JV
Portfolio Pulse from Benzinga Newsdesk
Archaea Energy and Republic Services have launched a renewable natural gas plant in their Lightning Renewables joint venture. The Fort Wayne plant, the largest Archaea Modular Design in Indiana, processes up to 6,400 scfm of landfill gas, enough to heat over 25,000 homes.
June 13, 2024 | 12:36 pm
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POSITIVE IMPACT
BP, as a major player in the energy sector, may see indirect benefits from the increased focus on renewable natural gas through ventures like Lightning Renewables.
BP is not directly mentioned but stands to benefit from the broader industry trend towards renewable natural gas, which is highlighted by the Lightning Renewables JV.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30
POSITIVE IMPACT
Republic Services (RSG) is directly involved in the Lightning Renewables JV, which aims to bring 40 landfill gas-to-renewable natural gas plants online, enhancing its renewable energy portfolio.
Republic Services is a key player in the Lightning Renewables JV, and the successful launch of the Fort Wayne plant is a significant milestone that could positively impact its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100