Tidewater Renewables Announces Sale of Its Interest in Rimrock Renewables Partnership
Tidewater Renewables has successfully closed the sale of its interest, held through a wholly-owned subsidiary, in the Rimrock Renewables Limited Partnership (RNG Partnership) to Biocirc Canada Holding - an RNG developer.
The total purchase price is $7.8 million cash, of which $4.7 million was received on close and a further $3.1 million could be received upon the satisfaction of certain post-closing conditions on or before December 30, 2025.