Rice Acquisition Corp. announced that it expects to receive $300 million in funding from The Baupost Group, LLC, BNPP Asset Management Luxembourg, Canadian Imperial Bank of Commerce, Investment Arm, Goldman Sachs Asset Management, L.P., Wellington Management Group LLP, and other investors

Rice Acquisition Corp. (NYSE:RICE) announced that it will raise $300 million in funding on April 7, 2021. The transaction will be co-led by institutional investors including The Baupost Group, LLC, Parvest SICAV - Energy Innovators (FUND:), a fund managed by BNPP Asset Management Luxembourg, Canadian Imperial Bank of Commerce, Investment Arm, Goldman Sachs Asset Management, L.P., Wellington Management Group LLP, participation from anchor orders from the Rice family for $20 million, Saltonstall family, and Archaea management. The transaction is expected to close in the third quarter of 2021.