OPAL Fuels Announces New Fueling Station and Expanded Relationship with GT Carriers
OPAL Fuels Inc. (Nasdaq: OPAL) has announced the opening of its third fueling station in El Centro, CA, in partnership with GT Carriers Inc. This expansion brings their annual fuel supply to 1.7 million GGEs across three fueling stations. The new station, set to begin operations in December, is part of OPAL Fuels' network of over 300 stations across the U.S.
The collaboration aligns with OPAL Fuels' mission of "Cleaner, Cheaper, Now," focusing on delivering cleaner fuel solutions for heavy-duty fleets. These strategically located stations near major Southern California transit routes enable GT Carriers to efficiently transport agricultural products throughout the southwestern United States while reducing carbon emissions and diesel fuel costs.
OPAL Fuels' Fuel Station Services business segment continues to grow, supported by customers like GT Carriers who recognize the benefits of RNG in lowering fuel costs and carbon footprint.
OPAL Fuels Inc. (Nasdaq: OPAL) ha annunciato l'apertura della sua terza stazione di rifornimento a El Centro, CA, in collaborazione con GT Carriers Inc. Questa espansione porta la loro fornitura annuale di carburante a 1,7 milioni di GGEs attraverso tre stazioni di rifornimento. La nuova stazione, che inizierà le operazioni a dicembre, fa parte della rete di OPAL Fuels, che conta oltre 300 stazioni negli Stati Uniti.
La collaborazione è in linea con la missione di OPAL Fuels: "Pulito, Economico, Ora", focalizzandosi sulla fornitura di soluzioni di carburante più pulite per flotte pesanti. Queste stazioni strategicamente situate vicino ai principali percorsi di trasporto nel sud della California consentono a GT Carriers di trasportare in modo efficiente prodotti agricoli in tutto il sud-ovest degli Stati Uniti, riducendo al contempo le emissioni di carbonio e i costi del carburante diesel.
Il segmento dei servizi delle stazioni di rifornimento di OPAL Fuels continua a crescere, supportato da clienti come GT Carriers che riconoscono i vantaggi del RNG nella riduzione dei costi del carburante e dell'impronta di carbonio.
OPAL Fuels Inc. (Nasdaq: OPAL) ha anunciado la apertura de su tercera estación de servicio en El Centro, CA, en asociación con GT Carriers Inc. Esta expansión lleva su suministro anual de combustible a 1.7 millones de GGEs a través de tres estaciones de servicio. La nueva estación, que comenzará a operar en diciembre, forma parte de la red de OPAL Fuels, que supera las 300 estaciones en los EE.UU.
La colaboración se alinea con la misión de OPAL Fuels de "Más Limpio, Más Barato, Ahora", centrada en ofrecer soluciones de combustible más limpias para flotas de gran tamaño. Estas estaciones ubicadas estratégicamente cerca de las principales rutas de transporte del sur de California permiten a GT Carriers transportar de manera eficiente productos agrícolas en todo el suroeste de los EE. UU., reduciendo al mismo tiempo las emisiones de carbono y los costos del combustible diésel.
El segmento de servicios de estaciones de combustible de OPAL Fuels sigue creciendo, apoyado por clientes como GT Carriers, que reconocen los beneficios del RNG en la reducción de costos de combustible y de la huella de carbono.
OPAL Fuels Inc. (Nasdaq: OPAL)이 GT Carriers Inc.와 협력하여 CA주 El Centro에 세 번째 주유소를 개장한다고 발표했습니다. 이번 확장을 통해 세 개의 주유소에서 연간 170만 GGEs의 연료 공급량을 확보하게 되었습니다. 12월에 운영을 시작할 새로운 주유소는 미국 전역에 있는 300개 이상의 주유소 네트워크의 일환으로 개설됩니다.
이번 협력은 OPAL Fuels의 "더 깨끗하고, 더 저렴하며, 지금"이라는 사명과 일치하며, 대형 차량을 위한 더 깨끗한 연료 솔루션을 제공하는 데 중점을 두고 있습니다. 이러한 전략적 위치에 있는 주유소는 남부 캘리포니아의 주요 교통 노선 근처에 있어 GT Carriers가 남서부 미국 전역으로 농산물을 효율적으로 운송하면서 탄소 배출량과 디젤 연료 비용을 줄일 수 있도록 합니다.
OPAL Fuels의 연료 스테이션 서비스 사업 부문은 GT Carriers와 같은 고객의 지원을 받아 성장하고 있으며, 고객들은 연료 비용과 탄소 발자국을 줄이는 RNG의 이점을 인식하고 있습니다.
OPAL Fuels Inc. (Nasdaq: OPAL) a annoncé l'ouverture de sa troisième station de ravitaillement à El Centro, CA, en partenariat avec GT Carriers Inc. Cette expansion porte leur approvisionnement annuel en carburant à 1,7 million de GGEs à travers trois stations de ravitaillement. La nouvelle station, qui devrait commencer ses activités en décembre, fait partie du réseau d'OPAL Fuels, qui compte plus de 300 stations aux États-Unis.
Cette collaboration s'inscrit dans la mission d'OPAL Fuels, qui vise à fournir des solutions de carburant plus propres pour les flottes lourdes, sous le slogan "Plus propre, Moins cher, Maintenant". Ces stations stratégiquement situées près des principales routes de transit du sud de la Californie permettent à GT Carriers de transporter efficacement des produits agricoles dans le sud-ouest des États-Unis tout en réduisant les émissions de carbone et les coûts du carburant diesel.
Le segment des services de stations de carburant d'OPAL Fuels continue de croître, soutenu par des clients tels que GT Carriers, qui reconnaissent les avantages du RNG pour réduire les coûts du carburant et l'empreinte carbone.
OPAL Fuels Inc. (Nasdaq: OPAL) hat die Eröffnung seiner dritten Tankstelle in El Centro, CA, in Partnerschaft mit GT Carriers Inc. bekannt gegeben. Diese Expansion erhöht die jährliche Treibstoffversorgung auf 1,7 Millionen GGEs über drei Tankstellen. Die neue Station, die im Dezember in Betrieb genommen werden soll, ist Teil des Netzwerks von OPAL Fuels mit über 300 Stationen in den USA.
Die Zusammenarbeit steht im Einklang mit der Mission von OPAL Fuels: "Sauberer, Günstiger, Jetzt", die sich auf die Bereitstellung sauberer Treibstofflösungen für schwere Flotten konzentriert. Diese strategisch gelegenen Stationen in der Nähe wichtiger Transportrouten im Süden Kaliforniens ermöglichen es GT Carriers, landwirtschaftliche Produkte effizient im südwestlichen Gebiet der Vereinigten Staaten zu transportieren und gleichzeitig die Kohlenstoffemissionen und die Kosten für Diesel zu senken.
Das Geschäftsfeld der Tankstellen-Dienste von OPAL Fuels wächst weiter, unterstützt von Kunden wie GT Carriers, die die Vorteile von RNG bei der Senkung der Kraftstoffkosten und des CO2-Fußabdrucks erkennen.
- Expansion of annual fuel supply to 1.7 million GGEs across three fueling stations
- Opening of third fueling station in El Centro, CA, expanding RNG dispensing network
- Long-term fuel supply agreements with GT Carriers
- Strategic location of stations near major Southern California transit routes
- Rapid growth of Fuel Station Services business segment
- None.
Insights
The opening of OPAL Fuels' third fueling station for GT Carriers marks a significant expansion in their RNG dispensing network. This strategic move increases their annual fuel supply to 1.7 million GGEs across three stations, strengthening their position in the clean energy market. The collaboration aligns with the growing demand for sustainable transportation solutions, particularly in the heavy-duty fleet sector.
The partnership with GT Carriers demonstrates OPAL Fuels' ability to secure long-term fuel supply agreements, which provides a stable revenue stream and enhances their market presence. This expansion in Southern California, a key region for freight transport, could potentially lead to increased market share and revenue growth for OPAL Fuels.
However, investors should consider the capital expenditure required for building these stations and the potential return on investment timeline. The success of this expansion will depend on factors such as adoption rates of RNG in the trucking industry and the stability of RNG pricing compared to diesel. Overall, this development positions OPAL Fuels favorably in the growing clean energy transportation market.
OPAL Fuels' expansion of RNG fueling stations aligns with broader environmental policies promoting cleaner transportation. By facilitating the transition from diesel to RNG for heavy-duty fleets, OPAL is contributing to significant carbon emission reductions in the transport sector. This move is particularly impactful given the high emissions associated with freight transportation.
The strategic location of these stations near major transit routes in Southern California is crucial, as it addresses one of the key barriers to alternative fuel adoption: infrastructure availability. This could accelerate the uptake of RNG in the region, potentially influencing policy makers to further support RNG infrastructure development.
Investors should note that as environmental regulations tighten, companies facilitating emission reductions, like OPAL Fuels, may benefit from increased demand and potential government incentives. However, the long-term success will depend on the continued policy support for RNG and the competitiveness of RNG against other emerging clean technologies in the transportation sector.
Expands annual fuel supply to 1.7 million GGEs across three fueling stations
OPAL Fuels owns these stations and has entered into long-term fuel supply agreements with GT Carriers. These stations expand OPAL Fuels’ RNG dispensing network, comprised of over 300 stations across the
The collaboration aligns with OPAL Fuels' mission of "Cleaner, Cheaper, Now," highlighting their commitment to delivering cleaner fuels solutions for heavy-duty fleets by reducing carbon emissions and cutting diesel fuel costs.
These stations are strategically located near major
“Our relationship with OPAL Fuels helps to substantially reduce our diesel costs and helps us move towards meeting our sustainability goals by dramatically lowering carbon emissions across our fleet,” said Luis Garcia, President of GT Carriers.
"Our Fuel Station Services business segment continues to grow rapidly, backed by customers like GT Carriers who understand that RNG lowers both their fuel costs and their carbon footprint. RNG is one of the cleanest and most affordable transportation fuels available," said Adam Comora, co-CEO of OPAL Fuels. "Our fueling station business growth and vertical integration continues to be a strategic advantage to accessing the transportation fuel market in
About OPAL Fuels Inc.
OPAL Fuels Inc. (Nasdaq: OPAL) is a leader in the capture and conversion of biogas into low carbon intensity RNG and renewable electricity. OPAL Fuels is also a leader in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-de-carbonize industrial sectors. For additional information and to learn more about OPAL Fuels and how it is leading the effort to capture North America’s harmful methane emissions and decarbonize the economy, please visit www.opalfuels.com.
About GT Carriers, Inc.
GT Carriers is a leader in international goods transport. With over 250 trucks operating out of
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OPAL Fuels Investors
Todd Firestone
Vice President Investor Relations and Corporate Development
914-705-4001
investors@opalfuels.com
Media
ICR, Inc.
OPALFuelsPR@ircinc.com
Source: OPAL Fuels, Inc.
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