Montauk Renewables, Inc. Expands Agricultural Waste Segment Through Technology Acquisition
PITTSBURGH, May 11, 2021 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (Montauk) (NASDAQ:MNTK) announces the acquisition of privately-held NR3, LLC, (NR3) a pioneering environmental technology and renewable energy company, based in Greensboro, NC, that specializes in the recovery, refining, and recycling of natural resources from the waste streams of modern agriculture. Montauk, historically focused on the environmental compliance and recovery of methane from landfills, commissioned its first agriculture waste-to-energy cluster project in August 2020. The Company believes the NR3 acquisition could be transformative in expanding its focus on decarbonization projects and the remediation of e
