Marathon petroleum corp. announces acquisition of a 49.9% interest in emerging rng producer

Findlay, ohio , march 8, 2023 /prnewswire/ -- marathon petroleum corp. (nyse: mpc) today announced the acquisition of a 49.9% interest in lf bioenergy, an emerging producer of renewable natural gas (rng) in the united states, from cresta fund management for $50 million. the agreement includes the potential for up to an additional $50 million based on the achievement of predetermined earn-out targets.
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