Suburban Renewables to acquire RNG assets from Equilibrium Capital Group

In New Jersey, Suburban Propane Partners, a nationwide distributor of propane and other energy products to local communities, as well as an investor in low carbon energy alternatives, announced that its wholly-owned subsidiary, Suburban Renewable Energy, LLC (“Suburban Renewables”), reached an agreement to acquire a platform of renewable natural gas assets from Equilibrium Capital Group. In addition to the purchase of two operational biogas facilities, the parties have formed a partnership to serve as a long-term growth platform for the identification, development and operation of additional RNG projects; including an existing pipeline of identified RNG projects that are in various stages of development.