OPAL News & Events

OPAL Fuels completed the sale of $23 million in Inflation Reduction Act, IRA, investment tax credits generated by the Atlantic Renewable Natural Gas Facility, located in Egg Harbor Township in New Jersey. OPAL Fuels' share of the ITCs sold was $11.5 million. "The completion of our fifth tax credit sale reflects continued momentum for OPAL Fuels and underscores the expanding opportunity in the renewable natural gas market," said Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels. "RNG remains an important tool for lowering emissions, enhancing U.S. energy dominance, and provides tangible benefits to local communities." The project, which came online in 2025 and has a design capacity of 624,990 mmBtus of RNG per year, represents the first collaboration between OPAL Fuels and SJI as part of a previously announced joint venture to develop and operate RNG facilities.

OPAL Fuels completed the sale of $23 million in Inflation Reduction Act, IRA, investment tax credits generated by the Atlantic Renewable Natural Gas Facility, located in Egg Harbor Township in New Jersey. OPAL Fuels' share of the ITCs sold was $11.5 million. "The completion of our fifth tax credit sale reflects continued momentum for OPAL Fuels and underscores the expanding opportunity in the renewable natural gas market," said Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels. "RNG remains an important tool for lowering emissions, enhancing U.S. energy dominance, and provides tangible benefits to local communities." The project, which came online in 2025 and has a design capacity of 624,990 mmBtus of RNG per year, represents the first collaboration between OPAL Fuels and SJI as part of a previously announced joint venture to develop and operate RNG facilities.