OPAL Fuels and GFL Environmental Advance Growth Strategy with New RNG Projects in Alabama and Georgia

Executive Summary

• OPAL Fuels and GFL Environmental are advancing construction on two new RNG facilities in Alabama and Georgia, structured as a 50/50 joint venture.
• The projects will deliver approximately 15 million GGEs of RNG supply capacity with a combined plant design capacity of nearly 2 million MMBTU.
• OPAL Fuels will exclusively market and distribute the full output through its CNG/RNG network, targeting ~800 Class 8 heavy-duty tractors to support fleet decarbonization and capitalize on favorable economics versus diesel.

Key Details

• Joint Venture Structure: 50% owned by OPAL Fuels (Nasdaq: OPAL) and 50% by GFL Environmental Inc. (NYSE: GFL/TSX: GFL).
• Project Locations: Stones Throw Landfill in Tallapoosa County, Alabama, and Grady Road Landfill in Polk County, Georgia.
• Capacity Metrics: Combined plant design capacity of nearly 2 million MMBTU; expected to supply approximately 15 million GGEs of RNG.
• Commercial Agreement: OPAL Fuels has agreed to market and distribute the full output from both facilities through its expanding CNG/RNG dispensing network.
• Target Market & Volume: Fuel designed for approximately 800 Class 8 heavy-duty tractors.
• Environmental & Economic Benefits: Provides zero Scope 1 and Scope 2 emissions, offers better economics than diesel, and supports accelerating heavy-duty trucking fleet conversions driven by volatile diesel pricing, regulatory clarity, and next-generation natural gas engine platforms.
• Technology & Process: Utilizes proven technology to capture methane from the natural decomposition of organic material at both landfills and convert it into RNG.
• Strategic Alignment: Advances OPAL Fuels' vertically integrated growth strategy (upstream production and downstream distribution) and supports GFL's GHG reduction goals, including fueling its own CNG fleet with landfill gas.

Notable Quotes

• Jonathan Maurer, Co-Chief Executive Officer, OPAL Fuels: "The construction of these two facilities underscore OPAL Fuels' momentum in advancing our growth objectives with value accretive projects... This work supports our focus on sustainable revenue growth, margin expansion, and creating long-term shareholder value."
• Patrick Dovigi, Founder and CEO, GFL Environmental: "We are excited to continue building on our investments in RNG facilities at our landfills... These projects support the achievement of GFL's GHG reduction goals including fueling our own CNG fleet from landfill gas produced at our landfills, in addition to generating strong, stable, risk-adjusted returns for many years into the future."