
RAC I
In September 2021, RAC I merged with Archaea Energy LLC and Aria Energy LLC to create the industry-leading renewable natural gas platform. RAC I delivered approximately $530 million in proceeds to the company.
IIn October 2022, Archaea announced it would be acquired by bp (NYSE: BP) for $26.00 per share in cash, or a total enterprise value of approximately $4.1 billion.