Archaea Announces Commercial Partnership Expansion with FortisBC via New 20-Year RNG Agreement
Archaea Energy Inc. announced expansion of its commercial partnership with FortisBC Energy Inc. by entering into a new long-term RNG purchase and sale agreement. Under the agreement, which is subject to regulatory approval, FortisBC expects to purchase up to 8 million gigajoules (approximately 7.6 million MMBtu) of RNG generated by Archaea annually from its portfolio of RNG production facilities for a fixed fee, for 20 years.
The agreement is expected to commence in 2022 upon regulatory approval. The RNG produced by Archaea for this long-term partnership is expected to help