Montauk Renewables, Inc. and American Environmental Landfill, Inc. Break Ground on Tulsa RNG Project
Montauk Renewables (NASDAQ: MNTK) has initiated construction of a new Renewable Natural Gas (RNG) facility at the American Environmental Landfill (AEL) in Tulsa, Oklahoma, with groundbreaking on April 9, 2025. The project, executed through subsidiary Tulsa LFG, , includes an extension of existing gas rights and lease agreement with AEL.
The facility is designed with a variable inlet capacity and expected to achieve a production nameplate capacity of approximately 1,500 MMBtu per day. The plant will process all available inlet gas feedstock from the host landfill, which has shown significant increase following Montauk's recent wellfield investment.
The project's capital investment is estimated between $25 million to $35 million, with commissioning targeted for Q1 2027.
Montauk Renewables (NASDAQ: MNTK) ha avviato la costruzione di un nuovo impianto di Gas Naturale Rinnovabile (RNG) presso la discarica American Environmental Landfill (AEL) a Tulsa, Oklahoma, con l'inizio dei lavori il 9 aprile 2025. Il progetto, realizzato attraverso la sussidiaria Tulsa LFG, include un'estensione dei diritti sul gas esistenti e un accordo di locazione con AEL.
L'impianto è progettato con una capacità di ingresso variabile e si prevede che raggiunga una capacità di produzione nominale di circa 1.500 MMBtu al giorno. L'impianto tratterà tutto il gas di alimentazione disponibile dalla discarica ospitante, che ha mostrato un significativo aumento dopo l'investimento recente di Montauk nel campo di pozzi.
L'investimento di capitale del progetto è stimato tra $25 milioni e $35 milioni, con la messa in servizio prevista per il primo trimestre del 2027.
Montauk Renewables (NASDAQ: MNTK) ha iniciado la construcción de una nueva instalación de Gas Natural Renovable (RNG) en el vertedero American Environmental Landfill (AEL) en Tulsa, Oklahoma, con el inicio de obras el 9 de abril de 2025. El proyecto, ejecutado a través de la subsidiaria Tulsa LFG, incluye una extensión de los derechos de gas existentes y un acuerdo de arrendamiento con AEL.
La instalación está diseñada con una capacidad de entrada variable y se espera que alcance una capacidad de producción nominal de aproximadamente 1,500 MMBtu por día. La planta procesará toda la materia prima de gas disponible del vertedero anfitrión, que ha mostrado un aumento significativo tras la reciente inversión de Montauk en el campo de pozos.
La inversión de capital del proyecto se estima entre $25 millones y $35 millones, con la puesta en marcha prevista para el primer trimestre de 2027.
Montauk Renewables (NASDAQ: MNTK)는 2025년 4월 9일 오클라호마주 털사에 위치한 American Environmental Landfill (AEL)에서 새로운 재생 천연가스(RNG) 시설의 건설을 시작했습니다. 이 프로젝트는 자회사인 Tulsa LFG를 통해 실행되며, AEL과의 기존 가스 권리 및 임대 계약의 연장을 포함합니다.
이 시설은 가변적인 입구 용량으로 설계되었으며, 약 1,500 MMBtu/일의 생산 명목 용량을 달성할 것으로 예상됩니다. 이 공장은 호스트 매립지에서 제공되는 모든 가스 원료를 처리할 예정이며, Montauk의 최근 우물 투자 이후 상당한 증가를 보였습니다.
프로젝트의 자본 투자는 $25백만에서 $35백만으로 추정되며, 2027년 1분기 가동을 목표로 하고 있습니다.
Montauk Renewables (NASDAQ: MNTK) a lancé la construction d'une nouvelle installation de Gaz Naturel Renouvelable (RNG) à la décharge American Environmental Landfill (AEL) à Tulsa, Oklahoma, avec le début des travaux le 9 avril 2025. Le projet, réalisé par l'intermédiaire de sa filiale Tulsa LFG, comprend une extension des droits de gaz existants et un contrat de location avec l'AEL.
L'installation est conçue avec une capacité d'entrée variable et devrait atteindre une capacité de production nominale d'environ 1 500 MMBtu par jour. L'usine traitera toute la matière première de gaz disponible de la décharge hôte, qui a montré une augmentation significative suite au récent investissement de Montauk dans le champ de puits.
L'investissement en capital du projet est estimé entre 25 millions et 35 millions de dollars, avec une mise en service prévue pour le premier trimestre 2027.
Montauk Renewables (NASDAQ: MNTK) hat den Bau einer neuen Anlage für erneuerbares Erdgas (RNG) auf der American Environmental Landfill (AEL) in Tulsa, Oklahoma, begonnen, mit dem Spatenstich am 9. April 2025. Das Projekt, das über die Tochtergesellschaft Tulsa LFG durchgeführt wird, umfasst eine Erweiterung der bestehenden Gasrechte und einen Pachtvertrag mit AEL.
Die Anlage ist mit einer variablen Eingangskapazität konzipiert und soll eine Produktionsnennkapazität von etwa 1.500 MMBtu pro Tag erreichen. Die Anlage wird alle verfügbaren Gaszufuhrstoffe von der Gastgeberdeponie verarbeiten, die nach Montauks kürzlichem Investitionsengagement im Bohrfeld einen signifikanten Anstieg gezeigt hat.
Die Investitionskosten des Projekts werden auf 25 Millionen bis 35 Millionen US-Dollar geschätzt, mit einer Inbetriebnahme, die für das erste Quartal 2027 geplant ist.
- New RNG facility adds 1,500 MMBtu daily production capacity
- Extension of existing gas rights and lease agreement secured
- Significant increase in feedstock availability from host landfill
- Strategic expansion in core growth market
- High capital investment requirement ($25-35 million)
- Long timeline to commissioning (Q1 2027)
PITTSBURGH, April 10, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK) announces that its subsidiary, Tulsa LFG, LLC broke ground on a Renewable Natural Gas (“RNG”) landfill gas project at the American Environmental Landfill, Inc. (“AEL”) in Tulsa, Oklahoma in a ceremony on Wednesday, April 9, 2025 (the “Project”).
The Project is accompanied by an extension of its existing gas rights and lease agreement with the landfill host, American Environmental Landfill, Inc. (“AEL”). With a variable inlet capacity design, the new RNG facility is anticipated to have a production nameplate capacity averaging approximately 1,500 MMBtu per day, capable of beneficially processing all of the available inlet gas feedstock from its host landfill, which has been meaningfully increasing through Montauk’s wellfield investment over the past year.
“Montauk is excited to announce the development of our new RNG facility in Tulsa, Oklahoma, in continued support of AEL, one of our most prized relationships in our portfolio,” said Sean McClain, Montauk Renewables CEO. “We believe this project is indicative of our core growth strategy, to align ourselves with exemplary host businesses, and synchronize their growth needs with our development initiatives. The strong historical and continued growth of available feedstock at this project location is a great example of how successful these partnerships can be.”
Montauk expects its project capital investment to range between
About Montauk Renewables, Inc.
Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in the management, recovery and conversion of biogas into RNG. The Company captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid (“Renewable Electricity”). The Company, headquartered in Pittsburgh, Pennsylvania, has more than 30 years of experience in the development, operation and management of landfill methane-fueled renewable energy projects. The Company has operations at 13 projects and ongoing development projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, South Carolina, and Texas. The Company sells RNG and Renewable Electricity, taking advantage of Environmental Attribute premiums available under federal and state policies that incentivize their use. For more information, visit. https://ir.montaukrenewables.com
Company Contact:
John Ciroli
Chief Legal Officer (CLO) & Secretary
investors@montaukrenewables.com
(412) 747-8700
Investor Relations Contact:
Georg Venturatos
Gateway Group
MNTK@Gateway-grp.com
(949) 574-3860
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3114c2cb-3a43-49a0-aa37-af485d21db34
https://www.globenewswire.com/NewsRoom/AttachmentNg/103e7888-8ca6-4d25-9cf3-c45659f3f484
https://www.globenewswire.com/NewsRoom/AttachmentNg/4577cfec-6301-4426-af59-ef56ad861f8c
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