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Recent Updates — OPAL

August 10, 2026View Source ↗

OPAL Fuels Inc. reported financial results for the quarter ended June 30, 2026, on August 10, 2026. Adjusted EBITDA increased 40% to $23.1 million from $16.5 million in the prior year period, driven by 45Z production tax credits and growth in the Fuel Station Services segment. Revenue was $83.4 million, a 4% increase year-over-year, while net loss widened to $(4.1) million compared to net income of $7.6 million previously. The company maintained its full-year 2026 guidance and entered into a $100 million Master Agreement in April to monetize section 45Z Production Tax Credits. RNG production rose 4% to 1.3 million MMBtu, while Fuel Station Services volume decreased 4%. OPAL Fuels operates in the renewable energy sector, capturing biogas and converting it into low carbon intensity renewable natural gas (RNG) and renewable power.