OPAL Fuels Inc. Reports 33% Increase in RNG Production for Q2 2025, Maintains Strong Liquidity Position
OPAL Fuels Inc. has released its financial and operating results for the second quarter of 2025. The company reported a 33% increase in RNG production compared to the same period in 2024. Co-CEO Adam Comora expressed satisfaction with these results and highlighted the importance of the One Big Beautiful Bill Act, which extends the 45Z production tax credit through 2029, amidst some volatility in RIN prices. During the first half of 2025, OPAL Fuels invested $33.4 million in RNG projects and fueling stations, a decrease from $49.7 million in the previous year. Additionally, the company's capital expenditures in unconsolidated entities amounted to $12.7 million. At the end of June 2025, OPAL Fuels had 46 fueling stations under construction, including 20 owned by the company. Despite delays in completing two dairy projects in California due to a contractor dispute, the company maintains its full-year 2025 guidance. OPAL Fuels reports having ample liquidity and anticipates sufficient capital to meet its funding needs.
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