Ontario Teachers' Acquires Majority Stake in Sevana Bioenergy
March 28, 2023
Ontario Teachers' Pension Plan has agreed to acquire a majority stake in Sevana Bioenergy and will make a $250 million capital commitment to accelerate development of renewable natural gas (RNG) projects across North America. Sevana, an owner-operator of large-scale anaerobic digestion projects, has deployed over $350 million of projects under construction and operates digester facilities across agricultural regions including Oregon, Idaho and South Dakota.
- Targets
- Sevana Bioenergy LLC
- Industry
- Renewable Energy
- Location
- Idaho, United States
- Transaction Type
- Buyout
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