Brief: Suburban Propane Partners To Acquire Renewable Natural Gas Production Assets From Equilibrium Capital Group

Suburban Propane Partners

28/12/2022 15:10

Dec 28 (Reuters) - Suburban Propane Partners LP  SPH.N :
    * SUBURBAN PROPANE PARTNERS, L.P. TO ACQUIRE RENEWABLE
NATURAL GAS
("RNG") PRODUCTION ASSETS FROM EQUILIBRIUM CAPITAL GROUP AND
ESTABLISHES PARTNERSHIP FOR THE DEVELOPMENT OF ADDITIONAL RNG
PROJECTS
    * SUBURBAN PROPANE PARTNERS LP- PURCHASE PRICE OF $190.0
MILLION
FOR TWO OPERATING FACILITIES
    * SUBURBAN PROPANE PARTNERS LP - DEAL EXPECTED TO BE
ACCRETIVE TO
SUBURBAN'S DISTRIBUTABLE CASH FLOW IN FISCAL 2024

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