{"id":962927,"date":"2026-05-14T11:53:39","date_gmt":"2026-05-14T15:53:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/constellation-and-pine-creek-rng-announce-equity-purchase-agreement-in-rng-facilities\/"},"modified":"2026-05-14T11:53:39","modified_gmt":"2026-05-14T15:53:39","slug":"constellation-and-pine-creek-rng-announce-equity-purchase-agreement-in-rng-facilities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/constellation-and-pine-creek-rng-announce-equity-purchase-agreement-in-rng-facilities\/","title":{"rendered":"Constellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities"},"content":{"rendered":"

<\/p>\n

\nConstellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities<\/p>\n

Leading provider of clean energy solutions in the U.S. enhances position with renewable natural gas acquisition<\/i><\/p>\n

BALTIMORE–(BUSINESS WIRE<\/a>)–
\nConstellation (Nasdaq: CEG), the largest producer of clean energy in the U.S. and a leading supplier of energy products and services, and Pine Creek RNG, an independent developer, owner, and operator of renewable natural gas (RNG) production assets, today announced a long-term agreement that includes Constellation\u2019s purchase of a minority equity interest in five operating Pine Creek RNG production facilities. The portfolio of facilities, located in Washington, Utah, Iowa and Illinois, currently produces approximately 1.5 million MMBtus of RNG per year, and the agreement creates the framework for Constellation and Pine Creek to develop approximately 3.0 million MMBtus annually of additional RNG production.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260513965532\/en\/<\/a><\/p>\n

\n\u201cThis agreement reinforces Constellation\u2019s long-term commitment to expanding sustainable natural gas solutions that help customers decarbonize without compromising reliability,\u201d said Jim McHugh, Senior Executive Vice President and Chief Commercial Officer, Constellation. \u201cOur ownership in these facilities and our ability to market the RNG production and environmental attributes will help Constellation more easily match supply to demand for gas decarbonization products that benefit our customers.\u201d<\/p>\n

\n\u201cOur partnership with Constellation is a defining milestone for Pine Creek,\u201d said Kevin Orchard, CEO of Pine Creek RNG. \u201cThis transaction reflects the strength of our team and industry partnerships. Aligning with Constellation\u2019s industry-leading capabilities further supports our ability to execute at velocity and scale, and we look forward to the opportunities ahead.\u201d<\/p>\n

\nRNG is pipeline-quality natural gas derived from organic matter decomposition, known as biogas. Raw biogas is produced in various locations, including landfills, wastewater treatment plants, and industrial and agricultural waste digesters. After being purified, RNG is injected into an interstate pipeline and used like regular natural gas. It can also be used for on-site power consumption or fuel for fleet vehicles.<\/p>\n

\nTo learn more about Constellation\u2019s products and services for customers, including RNG, visit Constellation.com.<\/a><\/p>\n

\nTo learn more about Pine Creek RNG, visit Pine Creek RNG<\/a>.<\/p>\n

About Constellation<\/b><\/p>\n

\nConstellation Energy Corporation (Nasdaq: CEG), a Fortune 200 company headquartered in Baltimore, is the largest private-sector power producer in the world and the nation\u2019s largest producer of clean and reliable energy. With 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities, our fleet has the generating capacity to power the equivalent of 27 million homes, providing about 10% of the nation\u2019s clean energy and delivering the around-the-clock reliability needed to power America\u2019s growing economy. We are also the largest nuclear energy company in the U.S. and a leading competitive retail supplier, serving approximately 2.5 million customer accounts nationwide, including 80% of the Fortune 100. We are committed to investing in innovation and new technologies to drive the transition to a reliable, sustainable and secure energy future. Follow Constellation on LinkedIn<\/a> and X<\/a>.<\/p>\n

About Pine Creek RNG<\/b><\/p>\n

\nPine Creek RNG, LLC (\u201cPine Creek\u201d) is a division of Pine Creek Renewables. Headquartered in St. Petersburg, Florida, Pine Creek is a privately held independent developer, owner, and operator of Renewable Natural Gas (\u201cRNG\u201d) production facilities across the U.S. Pine Creek\u2019s projects convert sources of raw biogas into low-carbon fuels. The company\u2019s executive team is comprised of entrepreneurs and industry veterans with decades of experience in energy, technology, and innovation. Driven by a culture of collaboration and partnership, Pine Creek and its people are committed to creating value through positive environmental impact. For more information, please visit: www.pinecreekrng.com<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260513965532\/en\/<\/a><\/span><\/p>\n

\nLiz Barszczewski
\n
Constellation
\n
667-218-7700
\n
liz.barszczewski@constellation.com<\/a><\/p>\n

\nFree Reyes
\n
Pine Creek RNG
\n
801-203-4491
\n
info@pinecreekrng.com<\/a><\/p>\n

KEYWORDS:<\/b> Maryland United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Environment Technology Other Energy Utilities Other Technology Oil\/Gas Sustainability Alternative Energy Energy Nuclear<\/p>\n

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Constellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities Leading provider of clean energy solutions in the U.S. enhances position with renewable natural gas acquisition BALTIMORE–(BUSINESS WIRE)– Constellation (Nasdaq: CEG), the largest producer of clean energy in the U.S. and a leading supplier of energy products and services, and Pine Creek RNG, an independent developer, owner, and operator of renewable natural gas (RNG) production assets, today announced a long-term agreement that includes Constellation\u2019s purchase of a minority equity interest in five operating Pine Creek RNG production facilities. The portfolio of facilities, located in Washington, Utah, Iowa and Illinois, currently produces approximately 1.5 million MMBtus of RNG per year, and the agreement creates the framework for Constellation and … <\/p>\n

Continue reading “Constellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-962927","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nConstellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/constellation-and-pine-creek-rng-announce-equity-purchase-agreement-in-rng-facilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Constellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Constellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities Leading provider of clean energy solutions in the U.S. enhances position with renewable natural gas acquisition BALTIMORE–(BUSINESS WIRE)– Constellation (Nasdaq: CEG), the largest producer of clean energy in the U.S. and a leading supplier of energy products and services, and Pine Creek RNG, an independent developer, owner, and operator of renewable natural gas (RNG) production assets, today announced a long-term agreement that includes Constellation\u2019s purchase of a minority equity interest in five operating Pine Creek RNG production facilities. 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