New York equity firm acquires Pennsylvania natural gas facility

Green Rock Energy Partners (Green Rock), a private equity firm focused on sustainable infrastructure, announced Thursday it had acquired South Park Township, Pennsylvania-based PSA South Hills Landfill Gas Venture LLC (South Hills).

The firm said the South Hills purchase would add to its renewable energy portfolio and is consistent with its focus on energy-producing waste-to-value assets. South Hills upgrades landfill biogas to produce renewable natural gas that can be sold in the vehicular transportation market as renewable compressed natural gas.

“Green Rock is proud to expand our sustainable infrastructure portfolio,” said Cody Myers, Co-Founder and Managing Partner of Green Rock. “We continue to invest in renewable natural gas assets due to their ability to facilitate the transition to a lower-emission future while providing attractive returns.”

Green Rock officials said it has partnered with United Green Energy and others to manage the renewable natural gas offtake and that production at South Hills is expected to exceed one million gallons of renewable fuel per year. RNG comes from renewable sources like waste from landfills, municipal waste from wastewater operations, or animal waste from agricultural operations. Producing RNG reduces greenhouse gas emissions by capturing methane emissions produced by those sources and converting them into fuel.

Green Rock recently invested in other RNG platforms, including Viridi Energy and RNG producer Bio Town Biogas.