Renewable Natural Gas
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Maas Energy Works and PG&E Partner on New Renewable Natural Gas Interconnection
Maas Energy Works, in collaboration with PG&E, has successfully commissioned a new Renewable Natural Gas (RNG) interconnection. This project processes RNG, derived from organic waste, into the natural gas grid, reducing landfill methane emissions and displacing fossil fuels. The development supports California’s climate goals and showcases the growing integration of renewable energy sources.
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EverGen Infrastructure Secures New Credit Facility and $1.9 Million Private Placement
EverGen Infrastructure Corp. has secured $13 million in debt financing from Farm Credit Canada and $1.9 million in equity, alongside repaying corporate debt. This strategic financial shift de-risks the company’s balance sheet by aligning debt with asset-level cash flows, enhancing its renewable natural gas platform. The move signals increased investor confidence and provides capital for growth initiatives in the sustainable energy sector.
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OPAL Fuels Announces Third Quarter 2025 Results
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.