Archaea Energy merger completed, setting up major landfill renewable natural gas producer utilitydive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from utilitydive.com Daily Mail and Mail on Sunday newspapers.
Shares of Archaea Energy jumped as much as 9.2% on the largest U.S. renewable natural gas producer's debut on the New York Stock Exchange on Thursday, a sign of rising investor support for alternative, cleaner sources of energy.
May 04, 2021
CANONSBURG, Pa. Archaea Energy (“Archaea” or the “Company”), an emerging leader in the development of renewable natural gas (“RNG”), announced today that Eric Javidi has been appointed Chief Financial Officer (“CFO”) to lead the Company’s financial operations and strategy and help drive its financial performance and strategic growth. Prior to joining Archaea, Mr. Javidi served as the CFO of CrossAmerica Partners (NYSE: CAPL), a leading wholesale fuels distributor and owner and lessor of real estate in the retail distribution of motor fuels.
With Mr. Javidi’s appointment as CFO, Brian McCarthy, Archaea’s Co-Founder who spearheaded long-term fixed-price arrangements with strategic off-take partners, will transition from the role of CFO and take on the newly created role as Chief Investment Officer (“CIO”). He will continue to lead Archaea’s commercial and investment strategy that has helped shape the vision for Archaea’s future.
Why The Shale-Fracking Rice Brothers Are Betting Their SPAC On Zero-Carbon Landfill Gas forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.