Sidley, V&E Lead H.I.G.’s Majority Stake Buy in Northern Biogas

Sidley Austin advised H.I.G. Capital on its acquisition of a controlling stake in Northern Biogas, LLC, a Morgantown, West Virginia-based company that makes and operates facilities for producing renewable gas from organic waste.

Vinson & Elkins counseled Northern Biogas, which says it has decades of experience of scaling and operating pipeline and gas treatment infrastructure in the natural gas industry.

The company said it has deployed facilities across the US using its proprietary anaerobic digestion process to convert waste from agriculture and landfills, including food waste, into renewable natural gas.

In July, BlackRock Real Assets announced its acquisition of Wellesley, Massachusetts-based Vanguard Renewables, which also uses anaerobic digestion to produce RNG from organic waste.

Northern Biogas said its existing facilities include a Wisconsin joint venture with EnTech Solutions that converts waste from dairy cows to RNG. It says it’s developing several other projects across the country.

“We have a strong commitment to facilitating the transition to a clean energy economy, and Northern Biogas is an excellent example of our approach of investing in sustainable, critical infrastructure,” said Ed Pallesen, co-head of H.I.G. Infrastructure.

No financial details were disclosed for the transaction.