Blue Sphere Joins York Capital to Build U.S. Biogas Plant

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Blue Sphere Corp., an Israeli developer of waste-to-energy projects, has agreed to form a joint venture with York Capital Management to build and operate a U.S. biogas facility.

Blue Sphere will own 22.75 percent of the 3.2-megawatt plant in Johnston, Rhode Island, the Even Yehuda, Israel-based company said in a statementBloomberg Terminal Monday.