Deals
Montauk Renewables Explores Options Including Sale
- Montauk transforms biogas from landfills, livestock farms
- Analysts expected firm to boost revenues, profit this year
This article is for subscribers only.
Montauk Renewables Inc., which produces energy from methane collected at landfills, is exploring options including a potential sale as major oil companies look to scoop up alternative energy companies, people familiar with the matter said.
The Pittsburgh-based biogas firm is working with an adviser to study strategic alternatives, the people said, asking not to be identified because the matter isn’t public.