Archaea Signs 5-Year Renewable Natural Gas Agreement with UGI Utilities, Inc.
Archaea Energy Inc. announced that its wholly-owned subsidiary Archaea Energy Marketing LLC has entered into a medium-term RNG purchase and sale agreement with UGI Utilities, Inc., a Pennsylvania-based natural gas and electric utility.
Under the agreement, which was recently signed and received the necessary regulatory approvals, UGI Utilities will purchase 331,785 MMBtu of RNG generated by Archaea annually from its Assai RNG facility for a fixed fee for a period of 5 years. Deliveries under the agreement commenced on July 1, 2022.