EQT Could Acquire Majority Stake in Landfill RNG Company Waga Energy
Private equity investor EQT is in talks to acquire a majority stake in French RNG project developer Waga Energy with the intention of eventually taking the company private, the partners announced on Friday.
EQT says it plans to acquire 54.1% of Waga Energy’s outstanding shares at a price of 21.55 euros per share. It also plans to acquire 65.9% of the company’s voting rights, per a news release. The deal is subject to regulatory approvals and is expected to be completed in the second half of the year.