OPAL Fuels Inc. is a vertically integrated producer and distributor of renewable natural gas (RNG), a sustainable fuel derived from organic waste. The Company is a portfolio company of global credit and private equity firm, HPS Investment Partners, the United States’ largest renewable natural gas business. OPAL leads the way in the production and commercialization of RNG, as they convert biogas from organic waste into a low-emission fuel alternative, contributing greatly to the reduction of greenhouse gas emissions.
The Company was created through the merger of two leading RNG companies, namely, Amp Americas and Fortistar Methane Group. With the combination of their complementary assets, they strive to redefine how the world uses fossil fuels and its impact on climate change. They have a shared ambition, which is to expand renewable energy adoption and radically lower the carbon footprint of transportation and other sectors impacted by fossil fuels.
OPAL Fuels Inc. operates more than 20 facilities, either renewable natural gas production or fueling stations, across the United States. Annually, these facilities produce an impressive 8 million gas-gallon-equivalent of RNG. The transition to low carbon fuels in the United States has brought a surge in demand for OPAL's services, emphasizing their leading position in the RNG industry.
Besides providing multiple benefits for the environment, the company also promotes economic value as it supports job creation, contributes to cleaner air in our communities, and helps to achieve ambitious climate goals.
OPAL Fuels Inc. is committed to building long-term partnerships with farmers, landfill operators, trucking companies and other organizations, to help reduce their emissions and to turn their waste into renewable and cleaner natural gas. They leverage advanced technology and innovative processes and systems to maximize the value and reliability of their product.
The company's leadership team combines expertise across various disciplines including finance, technology, operations, and government relations, ensuring that they continue to deliver excellent results in their sustainable energy endeavors. With financial backing from HPS Investment Partners, they are poised and positioned to take advantage of the growing demand for RNG and greatly contribute to a more sustainable future.