OPAL News & Events

Reports Q1 revenue $73.4m, consensus $92.11M. "Despite a challenging operating environment in the seasonally soft first quarter, we remain on track to meet our full year guidance," said Adam Comora, Co-Chief Executive Officer of OPAL Fuels. "Production trends have improved, in line with our expectations, and we are encouraged by the recent firming in environmental credit prices."

Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels, said, "Given the difficult weather conditions, our RNG facilities performed well, producing more RNG compared with the first quarter of 2025. This performance is due to the meaningful improvements we are making across our operating platform. We expect to see these improvements continue throughout the year. In the quarter we completed several financing transactions which added clarity to our capital structure and sets us up for continued investment and growth in both our upstream and downstream segments. In addition, IRA Investment Tax credits, 45Z production tax credits, and EPA's issuance of Set Rule 2 demonstrate the supportive regulatory backdrop for our business."

OPAL Fuels welcomed Congressman Greg Murphy to its Sapphire RNG facility at the Sampson County Landfill in Roseboro, North Carolina. The visit included a tour of the facility and a meeting with OPAL Fuels Co-CEO Adam Comora to discuss the role of domestic RNG production in strengthening American energy security, supporting Eastern North Carolina's economy, and providing heavy-duty fleets with a cost-effective, lower-emissions alternative to diesel. The Sapphire RNG facility captures naturally occurring methane from the decomposition of organic waste at the Sampson County landfill and converts it into pipeline-quality RNG that powers heavy-duty fleets across the country. The plant has a nameplate design capacity of approximately 0.80 million MMBtus per year. "I enjoyed touring the OPAL Fuels facility in Roseboro and meeting with senior leadership to discuss the future of renewable energy development in Eastern North Carolina," said Murphy. "These conversations are critical as we work to support policies that encourage responsible energy development, strengthen our workforce, and expand opportunity across the region. America needs reliable energy in all forms that is safe and secure, powers our economy, and keeps our beautiful ecosystems healthy."

OPAL Fuels entered into a master agreement establishing a framework to monetize $100M of Section 45Z Clean Fuel Production Tax Credits over the next several years. The first closing is anticipated to take place in this quarter