Home

Articles from OPAL Fuels, Inc.

OPAL Fuels Signs 60 Million Gallon RNG Supply Agreement for Five New Fueling Stations Built by OPAL
OPAL Fuels Inc. (Nasdaq: OPAL) today announced it has executed a long-term agreement with a market-leading provider of integrated logistics solutions to supply renewable natural gas (“RNG”) at five new fueling stations that are currently being built and will be serviced by OPAL Fuels under existing long-term agreements. The new station supply agreement builds upon a decade-long collaboration between the companies which has established a broad network of fueling stations across the United States.
By OPAL Fuels, Inc. · Via Business Wire · January 7, 2025
OPAL Fuels Appoints Darrell Birck as Executive Vice President of Biogas
OPAL Fuels Inc. (Nasdaq: OPAL) announced today the appointment of Darrell P. Birck as Executive Vice President of Biogas. The appointment is effective immediately and Darrell will report to Co-CEOs, Adam Comora and Jonathan Maurer.
By OPAL Fuels, Inc. · Via Business Wire · December 2, 2024
OPAL Fuels Reports Third Quarter 2024 Results
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable power, today announced results for the three and nine months ended September 30, 2024.
By OPAL Fuels, Inc. · Via Business Wire · November 7, 2024
OPAL Fuels Begins Construction on California Renewable Natural Gas Production Facility
OPAL Fuels Inc. (Nasdaq: OPAL) announced today that construction has commenced on a new landfill-gas-to-RNG facility at the Kirby Canyon Landfill, located in Santa Clara County, California. The new facility will have an initial annual design capacity of approximately 0.66 million MMBtus and is 100% owned by OPAL Fuels.
By OPAL Fuels, Inc. · Via Business Wire · November 6, 2024
OPAL Fuels Begins Commercial Operations of its Polk County Florida RNG Project
OPAL Fuels Inc. (Nasdaq: OPAL) today announced the start of commercial operations at its renewable natural gas (RNG) facility at the Polk County municipal landfill in Jones Corner, Florida, marking the company’s eleventh operational RNG project and second facility in the state. Owned and operated by Polk County’s municipal government, the landfill is now providing biogas to OPAL’s RNG project which is producing and injecting pipeline-quality RNG.
By OPAL Fuels, Inc. · Via Business Wire · October 31, 2024
OPAL Fuels Announces Third Quarter 2024 Earnings Release Date and Conference Call
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the third quarter ended September 30, 2024, after market close on Thursday, November 7, 2024. A conference call will take place on Friday, November 8, 2024 at 11:00 a.m. Eastern Time.
By OPAL Fuels, Inc. · Via Business Wire · October 24, 2024
OPAL Fuels Announces New Fueling Station and Expanded Relationship with GT Carriers
OPAL Fuels Inc. (Nasdaq: OPAL) today announced the opening of its third fueling station in El Centro, CA with GT Carriers Inc., a Southern California regional freight carrier. The El Centro station, which is expected to begin operation in December, is the third station in Southern California that OPAL Fuels has completed for GT Carriers.
By OPAL Fuels, Inc. · Via Business Wire · September 26, 2024
OPAL Fuels Announces Agreement for $11.1 Million Sale of IRA Investment Tax Credits
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (“RNG”) and renewable power, today announced the sale of approximately $11.1 million of Inflation Reduction Act (“IRA”) investment tax credits to a subsidiary of Apollo Global Management, Inc., a leading provider of alternative asset management and retirement solutions. This sale represents OPAL Fuels’ stake in the investment tax credits generated by the Emerald RNG facility, a joint venture that is 50% owned by OPAL Fuels.
By OPAL Fuels, Inc. · Via Business Wire · September 18, 2024
OPAL Fuels Reports Second Quarter 2024 Results
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity RNG and Renewable Power, today announced results for the three and six months ended June 30, 2024.
By OPAL Fuels, Inc. · Via Business Wire · August 7, 2024
SJI, OPAL Fuels Begin Construction on Burlington Renewable Natural Gas Facility
South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced today that construction has commenced on an RNG production facility, with an annual design capacity of nearly 0.92 million MMBtus, at the Burlington County Resource Recovery Complex solid waste landfill in Florence Township, New Jersey. The project represents the second collaboration between the companies to develop, construct, own and operate RNG facilities.
By OPAL Fuels, Inc. · Via Business Wire · August 7, 2024
OPAL Fuels Announces Second Quarter 2024 Earnings Release Date and Conference Call
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the second quarter ended June 30, 2024, after market close on Wednesday, August 7, 2024. A conference call will take place on Thursday, August 8, 2024 at 11:00 a.m. Eastern Time.
By OPAL Fuels, Inc. · Via Business Wire · July 25, 2024
OPAL Fuels Reports First Quarter 2024 Results
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three months ended March 31, 2024.
By OPAL Fuels, Inc. · Via Business Wire · May 9, 2024
OPAL Fuels Announces First Quarter 2024 Earnings Release Date and Conference Call
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the first quarter ended March 31, 2024, after market close on Thursday, May 9, 2024. A conference call will take place on Friday, May 10, 2024 at 11:00 a.m. Eastern Daylight Time.
By OPAL Fuels, Inc. · Via Business Wire · April 25, 2024
OPAL Fuels Announces Exchange of High-Voting Stock for Low-Voting Stock by Controlling Stockholder
OPAL Fuels Inc. (the “Company”) (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable electricity and renewable natural gas (RNG), announced that its ultimate controlling shareholder, Fortistar LLC (“Fortistar”), has exchanged 71.5 million shares of Class D common stock of the Company held by it, each of which is entitled to five votes per share on all matters on which stockholders generally are entitled to vote, for an equal number of shares of newly issued Class B common stock of the Company, each of which is entitled to one vote on such matters. This transaction has no effect on the economic interest in the Company held by Fortistar.
By OPAL Fuels, Inc. · Via Business Wire · March 12, 2024
OPAL Fuels Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biomethane into low carbon intensity renewable electricity and renewable natural gas (RNG), announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2023, after market close on Wednesday, March 13, 2024. A conference call will take place on Thursday, March 14, 2024 at 11:00 a.m. Eastern Time.
By OPAL Fuels, Inc. · Via Business Wire · February 28, 2024
OPAL Fuels Announces Third Quarter 2023 Earnings Release Date and Conference Call
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the third quarter ended September 30, 2023, after market close on Monday, November 13, 2023. A conference call will take place on Tuesday, November 14, 2023, at 11:00 a.m. Eastern Time.
By OPAL Fuels, Inc. · Via Business Wire · October 30, 2023
Construction Commences on South Jersey Industries, OPAL Fuels, and Atlantic County Utilities Authority Renewable Natural Gas Facility
South Jersey Industries (SJI), an energy infrastructure holding company, OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, and Atlantic County Utilities Authority (ACUA), announced that construction has commenced on a new RNG production facility (Atlantic RNG) located at ACUA’s solid waste landfill in Egg Harbor Township, New Jersey.
By OPAL Fuels, Inc. · Via Business Wire · October 23, 2023
OPAL Fuels Appoints Scott Contino Interim Chief Financial Officer
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas and renewable electricity (the “Company”), today announced that Ann Anthony has notified the Company of her intention to resign as the Company’s Chief Financial Officer (“CFO”) to pursue another professional opportunity, and that Scott Contino, CFO of the Company’s sponsor, Fortistar, has been appointed as interim CFO. Mr. Contino has been part of the OPAL Fuels business since inception, and previously served as the CFO of its predecessor parent company.
By OPAL Fuels, Inc. · Via Business Wire · October 12, 2023
South Jersey Industries and OPAL Fuels Announce the Signing of Renewable Natural Gas Joint Venture
South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced they have entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities. The first facility (the “Atlantic RNG facility”) will be at the Atlantic County Utilities Authority (ACUA) solid waste landfill in Egg Harbor Township, New Jersey.
By OPAL Fuels, Inc. · Via Business Wire · September 21, 2023
OPAL Fuels and New River Solid Waste Association Renewable Natural Gas Facility Named Project of the Year by ASCE Florida Section
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced its New River RNG facility, which was created through a close working relationship with New River Solid Waste Association (NRSWA), has been named Project of the Year by the American Society of Civil Engineers (ASCE), Florida Section. The facility is located at the NRSWA municipal solid waste landfill in Raiford, Florida.
By OPAL Fuels, Inc. · Via Business Wire · August 24, 2023
OPAL Fuels Reports Second Quarter 2023 Results
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three and six months ended June 30, 2023.
By OPAL Fuels, Inc. · Via Business Wire · August 9, 2023
OPAL Fuels Announces Second Quarter 2023 Earnings Release Date and Conference Call
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the second quarter ended June 30, 2023, after market close on Wednesday, August 9, 2023. A conference call will take place on Thursday, August 10, 2023, at 11:00 a.m. Eastern Time.
By OPAL Fuels, Inc. · Via Business Wire · July 19, 2023
OPAL Fuels Announces Appointment of Jim Martell to its Board of Directors
OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced that Jim Martell has been appointed to serve on its Board of Directors and Audit Committee, effective June 28, 2023.
By OPAL Fuels, Inc. · Via Business Wire · July 12, 2023
GFL Environmental and OPAL Fuels Complete Construction of Renewable Natural Gas Facility at Arbor Hills Landfill
GFL Environmental Inc. (NYSE/TSX: GFL), the fourth largest diversified environmental services company in North America, and OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, today announced that they have completed construction of their new RNG production facility, Emerald RNG. The parties held a ribbon cutting ceremony earlier today to mark the occasion at GFL’s Arbor Hills landfill in Michigan, where the facility is located.
By OPAL Fuels, Inc. · Via Business Wire · June 12, 2023
OPAL Fuels Reports First Quarter 2023 Results
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three months ended March 31, 2023.
By OPAL Fuels, Inc. · Via Business Wire · May 10, 2023
OPAL Fuels Announces First Quarter Earnings Release Date and Conference Call
OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG), today announced that it will release its earnings results for the first quarter ended March 31, 2023, after market close on Wednesday, May 10, 2023. A conference call will take place on Thursday, May 11, 2023, at 11:00 a.m. Eastern Time.
By OPAL Fuels, Inc. · Via Business Wire · April 28, 2023
OPAL Fuels Reports Revenue of $235.5 million and 2.2 million MMBtu of RNG Produced in 2022, Representing 42% and 38% Annual Increases
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG), today announced financial and operating results for the three and twelve months ended December 31, 2022.
By OPAL Fuels, Inc. · Via Business Wire · March 27, 2023
OPAL Fuels Announces Florida’s First Landfill Gas to Renewable Natural Gas Facility Is Fully Operational
OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG), announced Florida’s first landfill gas to RNG facility at the New River Solid Waste Association (NRSWA) municipal solid waste landfill has successfully completed its ramp-up period.
By OPAL Fuels, Inc. · Via Business Wire · January 5, 2023
OPAL Fuels Inc. Announces Successful Completion of Exchange Offer and Consent Solicitation Relating to Warrants
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas, today announced the completion of its previously disclosed exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to (i) public warrants to purchase shares of Class A common stock of the Company, par value $0.0001 per share (the “Class A common stock”), which warrants traded on The Nasdaq Capital Market under the symbol “OPALW” (the “public warrants”), and (ii) private placement warrants to purchase shares of Class A common stock (the “private placement warrants” and, together with the public warrants, the “warrants”). The Company issued approximately 3,310,189 shares of Class A common stock in exchange for the warrants tendered in the Offer.
By OPAL Fuels, Inc. · Via Business Wire · December 22, 2022
OPAL Fuels Inc. Announces Successful Warrant Exchange Offer
OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas, today announced the expiration and results of its previously disclosed exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value $0.0001 per share (the “Class A common stock”), which warrants trade on The Nasdaq Capital Market (the “Nasdaq”) under the symbol “OPALW”(the “public warrants”), and (ii) private placement warrants to purchase shares of Class A common stock (the “private placement warrants” and, together with the public warrants, the “warrants”). The Offer and Consent Solicitation expired at 11:59 p.m., Eastern Time, on December 16, 2022. The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital structure and reduce the potential dilutive impact of the warrants, thereby providing the Company with more flexibility for financing its operations in the future.
By OPAL Fuels, Inc. · Via Business Wire · December 19, 2022
OPAL Fuels Schedules Conference Call to Discuss Third Quarter 2022 Financial Results
OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG), today announced that it will release its earnings results for the third quarter ended September 30, 2022, after market close on Monday, November 14, 2022. A conference call will take place on Tuesday, November 15, 2022, at 11:00 a.m. Eastern Time.
By OPAL Fuels, Inc. · Via Business Wire · November 1, 2022
OPAL Fuels, NextEra Energy Marketing, and Republic Services Begin Operations at Minnesota’s First Landfill Gas to Renewable Natural Gas Facility
OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG), and NextEra Energy Marketing, LLC, a subsidiary of NextEra Energy Resources, LLC, today announced the commencement of commercial operations at the first landfill renewable natural gas (RNG) production facility in Minnesota. The Pine Bend RNG Project is located at a landfill owned by Republic Services, Inc. (NYSERSG), a leader in the environmental services industry, and interconnected with a pipeline owned by Xcel Energy NASDAQ: XELNASDAQXEL)
By OPAL Fuels, Inc. · Via Business Wire · October 25, 2022
OPAL Fuels Reports Year-to-Date 2022 Results
OPAL Fuels Inc. (“OPAL Fuels,” “OPAL” or the “Company”) (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG), today announced financial and operating results for the six months ended June 30, 2022.
By OPAL Fuels, Inc. · Via Business Wire · August 10, 2022
OPAL Fuels Announces Closing of a $105 Million Senior Secured Debt Facility
OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG), today announced the closing of a five-year, $105 million senior secured debt facility. The facility provides construction financing for designated OPAL Fuels projects upon achieving certain milestones. The lending syndicate is comprised of Investec, Bank of Montreal, and Comerica Bank.
By OPAL Fuels, Inc. · Via Business Wire · August 8, 2022