OPAL Fuels produces and distributes renewable natural gas (RNG) sourced from waste streams, transforming methane emissions into a low-carbon fuel. Their RNG is used to power heavy-duty trucks and other industrial equipment, offering a cost-effective alternative to diesel. The company’s product pathway involves capturing methane at its source, purifying it into RNG, and selling it through a vertically integrated model that spans upstream production and downstream marketing. This integration helps minimize methane leaks and lowers costs, with RNG priced up to 50% less per gallon than diesel. OPAL Fuels differentiates itself by owning and coordinating the full energy value chain—from capture and purification to distribution—allowing scalable decarbonization for customers in transportation and industry. The goal is to reduce carbon emissions for clients and contribute to global efforts against climate change by expanding the use of low-carbon RNG.
Company Size
51-200
Company Stage
IPO
Headquarters
White Plains, New York
Founded
1998
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