OPAL Fuels

OPAL Fuels reported its Q3 and first nine months of 2025 results, showcasing RNG production growth of 30% and 25%, respectively, despite RIN market volatility. Key financial highlights include Q3 revenue of $83.4 million and net income of $11.4 million. The company activated the Atlantic RNG project and commenced construction on the CMS RNG project, aiming for 1.0 million MMBtu net annual capacity. OPAL Fuels also completed IRA Investment Tax Credit sales of over $40 million year-to-date, leveraging government incentives and expanding infrastructure for decarbonizing heavy-duty transportation.