Why Rice Acquisition Stock Soared Today_老虎社区_美港股上老虎

Why Rice Acquisition Stock Soared Today

Howard Smith2021-04-08

What happenedRice Acquisition (NYSE:RICE) announced a business combination with two renewable energy companies Thursday. The news sent the stock of the special purpose acquisition company (SPAC) ...

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BpchuA
·2021-04-09
Cool
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bratwurst
·2021-04-09
wow
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wywy
·2021-04-09
pls like
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Kenjing
·2021-04-09
Nice
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The news sent the stock of the special purpose acquisition company (SPAC) ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/08/why-rice-acquisition-stock-soared-today/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RICE.U","symbol_name":"Rice Acquisition Corp.","start_time":0,"source_url":"https://www.fool.com/investing/2021/04/08/why-rice-acquisition-stock-soared-today/","article_id":"2125703240","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2125703240","pubTimestamp":1617894900,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The SPAC announced it is combining with two renewable energy companies to become a leader in the renewable natural gas market.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RICE.U":"Rice Acquisition Corp."},"translate_title":"今日大米收购库存为何暴涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RICE.U":0.9},"content_text":"What happenedRice Acquisition (NYSE:RICE) announced a business combination with two renewable energy companies Thursday. The news sent the stock of the special purpose acquisition company (SPAC) soaring more than 40% at the market open. Shares pared those gains, but remained up 31.1% as of 10:20 a.m. EDT.So whatRice announced it plans to lead a business combination of Aria Energy and Archaea Energy to create the leading U.S. renewable natural gas (RNG) platform. The merger will value the combined company at $1.15 billion, and is expected to close in the third quarter of 2021. It will take the Archaea Energy name, and focus on reducing carbon emissions through landfill gas conversion, CO2 sequestration, and green hydrogen.A landfill-to-energy facility that produces renewable natural gas. Image source: Getty Images.Now whatAria Energy is one of North America's largest companies in the landfill gas (LFG) sector, converting the feedstock to RNG. Archaea believes it currently has higher demand through its existing partnerships than the entire RNG production in the market today. 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