Archaea Energy to Become the Leading RNG Platform in the U.S. Through Combination with Aria Energy

CANONSBURG, Pa.--(BUSINESS WIRE)--Archaea Energy LLC (“Archaea”), an emerging leader in the development and advancement of renewable natural gas (RNG), announced today an agreement to enter into a business combination with Aria Energy LLC (“Aria”) led by Rice Acquisition Corporation (NYSE: RICE) (“RAC”), a special purpose acquisition company focused on the energy transition sector. The business combination with Archaea and Aria, one of the largest companies in the North American landfill gas (LFG) sector, will create the leading U.S. RNG platform. The combined company, which will be called Archaea Energy (the “combined Company”), will be dedicated to reducing carbon emissions through landfill gas conversion, CO2 sequestration, and green hydrogen.