Archaea Obtains Binding Commitments from Five Financial Institutions for Incremental Term Loan and Revolving Credit Facility Capacity

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Jun 06, 2022

Archaea Energy Inc. (“Archaea,” “the Company,” or “we”) (NYSE: LFG), an industry-leading renewable natural gas (“RNG”) company, today announced that one of its subsidiaries has obtained binding commitments from five financial institutions to amend its Revolving Credit and Term Loan Agreement to, among other things, increase aggregate total commitments by approximately $450 million to a total of at least $920 million. The amended and upsized facilities are expected to include an approximately $400 million senior secured term loan credit facility and an approximately $520 million senior secured revolving credit facility (together, the “Amended Facilities”).