OPAL Fuels Begins Commercial Operations of its Polk County Florida RNG Project
OPAL Fuels has commenced commercial operations at its new renewable natural gas (RNG) facility at the Polk County municipal landfill in Florida. This marks the company's eleventh operational RNG project and second facility in Florida. The facility has a nameplate design capacity of approximately 1.1 million MMBtu of RNG annually, equivalent to 8.5 million gasoline gallon equivalents. The produced RNG will primarily replace diesel transportation fuel, reducing greenhouse gas emissions equivalent to achieving zero Scope 1 and 2 emissions from over 900 heavy-duty trucks. With this and the recent Sapphire project, OPAL now has approximately 8.8 million MMBtu of annual nameplate design capacity in operation, up 5.0 million MMBtu since becoming public in 2022.
OPAL Fuels ha avviato le operazioni commerciali nella sua nuova struttura di gas naturale rinnovabile (RNG) presso la discarica municipale della Contea di Polk in Florida. Questo segna l'undicesimo progetto operativo di RNG dell'azienda e la seconda struttura in Florida. L'impianto ha una capacità nominale di progettazione di circa 1,1 milioni di MMBtu di RNG all'anno, equivalente a 8,5 milioni di galloni di benzina. Il RNG prodotto sostituirà principalmente il carburante per il trasporto a diesel, riducendo le emissioni di gas serra equivalenti all'equivalente di zero emissioni Scope 1 e 2 da oltre 900 camion pesanti. Con questo e il recente progetto Sapphire, OPAL ora ha una capacità nominale di progettazione annuale operativa di circa 8,8 milioni di MMBtu, in aumento di 5,0 milioni di MMBtu da quando è diventata pubblica nel 2022.
OPAL Fuels ha comenzado operaciones comerciales en su nueva instalación de gas natural renovable (RNG) en el vertedero municipal del condado de Polk en Florida. Esto marca el undécimo proyecto operativo de RNG de la empresa y la segunda instalación en Florida. La instalación tiene una capacidad de diseño nominal de aproximadamente 1,1 millones de MMBtu de RNG anualmente, equivalente a 8,5 millones de galones de gasolina. El RNG producido reemplazará principalmente el combustible de transporte diésel, reduciendo las emisiones de gases de efecto invernadero equivalentes a alcanzar cero emisiones de Scope 1 y 2 de más de 900 camiones pesados. Con esto y el reciente proyecto Sapphire, OPAL ahora tiene aproximadamente 8,8 millones de MMBtu de capacidad de diseño nominal en operación, un aumento de 5,0 millones de MMBtu desde que se hizo pública en 2022.
OPAL Fuels는 플로리다 폴크 카운티의 시립 매립지에 있는 새로운 재생 가능 천연 가스(RNG) 시설에서 상업 운영을 시작했습니다. 이는 회사의 열한 번째 운영 중인 RNG 프로젝트이자 플로리다에서 두 번째 시설입니다. 이 시설은 연간 약 110만 MMBtu의 RNG를 생산할 수 있는 설계 용량을 가지고 있으며, 이는 850만 갤런의 가솔린에 해당합니다. 생산된 RNG는 주로 디젤 운송 연료를 대체하여, 900대 이상의 중형 트럭의 Scope 1 및 2 배출량을 제로로 달성하는 것과 같은 수준의 온실가스 배출 감소를 이끌어냅니다. 이와 최근의 사파이어 프로젝트를 통해 OPAL은 현재 연간 운영되는 설계 용량이 약 880만 MMBtu에 이르며, 이는 2022년 상장 이후 500만 MMBtu 증가한 수치입니다.
OPAL Fuels a commencé ses opérations commerciales dans sa nouvelle installation de gaz naturel renouvelable (RNG) au site d'enfouissement municipal du comté de Polk en Floride. Cela marque le onzième projet RNG opérationnel de l'entreprise et la deuxième installation en Floride. L'installation a une capacité nominale d'environ 1,1 million de MMBtu de RNG par an, équivalente à 8,5 millions de gallons d'essence. Le RNG produit remplacera principalement le carburant diesel pour le transport, réduisant les émissions de gaz à effet de serre équivalentes à l'atteinte de zéro émission de Scope 1 et 2 pour plus de 900 camions lourds. Avec cela et le récent projet Sapphire, OPAL dispose désormais d'une capacité de conception nominale annuelle d'environ 8,8 millions de MMBtu en exploitation, soit une augmentation de 5,0 millions de MMBtu depuis son introduction en bourse en 2022.
OPAL Fuels hat den kommerziellen Betrieb seiner neuen erneuerbaren Erdgas (RNG) Anlage auf der kommunalen Deponie im Polk County, Florida, aufgenommen. Dies markiert das elfte betriebliche RNG-Projekt des Unternehmens und die zweite Anlage in Florida. Die Anlage hat eine namentliche Entwurfskapazität von etwa 1,1 Millionen MMBtu RNG jährlich, was 8,5 Millionen Gallonen Benzin entspricht. Das produzierte RNG wird hauptsächlich Dieselkraftstoff im Transportwesen ersetzen, wodurch die Treibhausgasemissionen um den Gegenwert von null Scope 1 und 2 Emissionen von über 900 schweren Lkw reduziert werden. Mit diesem und dem kürzlichen Sapphire-Projekt hat OPAL jetzt eine jährliche namentliche Entwurfskapazität von etwa 8,8 Millionen MMBtu in Betrieb, was einem Anstieg von 5,0 Millionen MMBtu seit dem Börsengang im Jahr 2022 entspricht.
- Launched 11th operational RNG facility with 1.1 million MMBtu annual capacity
- Increased total nameplate design capacity to 8.8 million MMBtu annually
- Added 5.0 million MMBtu capacity since 2022 public listing
- None.
Insights
The commercial launch of OPAL's eleventh RNG facility marks a significant operational milestone, adding
The Polk County facility's integration into OPAL's vertically integrated business model - from production to distribution through their fueling station network - creates operational synergies and multiple revenue streams. The project's municipal partnership structure also provides stable feedstock security and revenue visibility. The expanding RNG portfolio positions OPAL well in the growing renewable fuel market, particularly as fleet operators seek cost-effective decarbonization solutions.
With a nameplate design capacity of approximately 1.1 million MMBtu (8.5 million gasoline gallon equivalents) of RNG per year, the product RNG will be primarily used to replace diesel transportation fuel to lower fleet operating costs and reduce greenhouse gas emissions resulting in a significant impact on public health and the environment. This reduction is equivalent to achieving zero Scope 1 and Scope 2 emissions from over 900 heavy-duty trucks.
The commercial operations of OPAL’s Polk County RNG facility represents a significant step forward for OPAL Fuels' mission of providing “Cleaner, Cheaper, Now” fuel solutions. This initiative is crucial in promoting sustainable energy solutions that benefit both the environment and the economy.
“Polk County’s partnership with OPAL Fuels demonstrates our commitment to Polk County’s residents,” said
“Polk County represents our eleventh operational RNG project and our third to commence commercial operations this year,” said Adam Comora, co-CEO of OPAL Fuels. “Including Polk County and our recent announcement with GFL at the Sapphire project, we have approximately 8.8 million MMBtu of annual nameplate design capacity in operation, up 5.0 million MMBtu since becoming a public company in 2022.”
“We’re pleased with the progress we’ve made as the largest publicly traded integrated RNG operator 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 naturally occurring methane and decarbonize the economy, please visit www.opalfuels.com.
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Certain statements in this communication may be considered forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and generally relate to future events or OPAL Fuels’ (the “Company’s”) future financial or other performance metrics. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, as the case may be, are inherently uncertain and subject to material change. Factors that may cause actual results to differ materially from current expectations include various factors beyond management’s control, including, but not limited to, general economic conditions and other risks, uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q, and other filings it makes with the Securities and Exchange Commission. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Except as required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based.
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This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy, any securities, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
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For OPAL Fuels
Todd Firestone
Vice President Investor Relations and Corporate Development
914-705-4001
investors@opalfuels.com
Media
Zach Gorin
ICR, Inc.
OPALFuelsPR@icrinc.com
Source: OPAL Fuels, Inc.
FAQ
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