Rice Acquisition: The Rice Brothers Are Offering A New SPAC, And I Am Buying

Jul. 29, 2021 8:31 AM ETBP p.l.c. (BP)11 Comments
Stephen Tobin profile picture
Stephen Tobin
968 Followers

Summary

  • The brothers' previous venture Rice Energy multiplied early investors' money by 32.
  • The new venture will be profitable from day 1, well funded with excellent growth prospects.
  • Valuations suggest significant upside potential, perhaps as much as Rice Energy.
  • This SPAC is focussed on Renewable Natural Gas, the cleanest energy currently available.

Generation of bioenergy with a biomethane plant under the evening sky
Ralf Geithe/iStock via Getty Images

Investment Thesis

Rice Acquisition Corp. (RICE), a SPAC, is expected to complete the acquisition of Aria Energy and Archaea Energy in Q3 this year forming a significant Renewable Natural Gas Company. This new company has, in my

This article was written by

Stephen Tobin profile picture
968 Followers
Having started my career working for BoA in the early 1990s (and completed my MBA), I have been actively researching and trading in the markets ever since. I spent most of my career working in the education field; I have been a senior manager in Educational establishments, both online and brick and mortar schools, for more than 20 years. I like to trade in small companies with disruptive technology using leverage; I focus on the areas I have particular knowledge of, Education and Renewable Energy. Typically I use a two-year time frame in my analysis. I am looking for companies that will make a significant return in that period, and do not consider myself a long term investor

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in RICE over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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