Dan Rice’s Landfill NatGas & How He Made $975M Flipping Co.

In October, MDN brought you the news that the company created and backed by Dan Rice (and his brothers), called Archaea Energy, is selling itself to BP for $4.1 billion (see Dan Rice’s Renewable Energy Company Sells to BP for $4.1 Billion). Depending on the source you read, the Rice boys will pocket either $975 million or $720 million from the deal (see Rice Boys’ Paycheck for Selling Renewable Energy Co? $975 Million). How did they do it?

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