OPAL Fuels Inc.

OPAL Fuels Inc. announced that Co-Chief Executive Officer Jonathan Maurer intends to retire on March 31, 2027. Following his retirement, Adam Comora will assume the role of sole Chief Executive Officer. Mr. Maurer will remain with the company as a Senior Advisor to ensure a smooth transition. The company also announced that its Board has begun searching for a President.

OPAL Fuels Inc. reported a net loss attributable to Class A common stockholders of $1.5 million for Q2 2026, a decline from a net income of $0.8 million in Q2 2025. Total revenues for the quarter increased to $83.4 million from $80.5 million year-over-year, driven by fuel station services. For the six months ended June 30, 2026, the company recorded a net loss of $4.1 million, compared to a net income of $0.6 million in the prior year period, with total revenues decreasing to $156.8 million. The company also reported a significant increase in cash and cash equivalents to $91.4 million, largely due to financing activities.

OPAL Fuels Inc. reported its second quarter 2026 financial results, with Adjusted EBITDA increasing 40% year-over-year to $23.1 million, driven by 45Z production tax credits, FSS segment growth, and G&A cost savings. Despite this, the company posted a net loss of $(4.1) million for the quarter, compared to a net income of $7.6 million in the prior year. Total revenue for the quarter grew 4% to $83.4 million, and management affirmed that results were in line with expectations, keeping them on track to meet annual guidance.

OPAL Fuels Inc. announced it will release its second quarter 2026 earnings results before market open on Monday, August 10, 2026. Following the release, the company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the results. Investors can access a listen-only connection to the presentation or a webcast via the company's investor relations website.

OPAL Fuels Inc. held its 2026 Annual Meeting of Stockholders on June 17, 2026. During the meeting, stockholders approved all proposals, including the election of eight directors to serve until the 2027 Annual Meeting. Additionally, the appointment of BDO USA, P.C. as the independent registered public accounting firm for the year ending December 31, 2026, was ratified. A quorum was present with 256,957,639 votes represented.

OPAL Fuels Inc. announced the commencement of construction on two new renewable natural gas (RNG) facilities in Polk County, Georgia, and Tallapoosa County, Alabama. These facilities, jointly owned 50 percent by OPAL Fuels and 50 percent by GFL Environmental, are expected to produce approximately 15 million gasoline gallon equivalents of RNG annually, enough to power about 800 heavy-duty tractors. OPAL Fuels will distribute the RNG through its existing network, supporting its strategy for profitable growth in both production and distribution.

OPAL Fuels LLC, a subsidiary of OPAL Fuels Inc., adopted an Amended and Restated Certificate of Designations for its Series A-1 Preferred Units. This amendment increases the annual dividend rate from 8% to 12% and restructures the payment-in-kind option, limiting it to 2% of the dividend with the remaining 10% payable in cash. The changes also revise the definition of "Change of Control," modify mandatory redemption triggers, replace "Event of Default" with a "Trigger Event" framework, and remove delayed redemption conversion rights.

OPAL Fuels Inc. reported a challenging first quarter for 2026 with revenue decreasing 14% to $73.4 million and a net loss of $(5.6) million, compared to net income of $1.3 million in the prior year. Despite the financial declines, the company increased RNG production by 9% and maintained its full-year guidance, citing improved production trends and firming environmental credit prices. OPAL Fuels also completed significant financing transactions, including a $180 million Preferred Stock Facility and the monetization of IRA Investment Tax Credits and 45Z Production Tax Credits, strengthening its capital structure for future growth.

OPAL Fuels Inc. reported a significant widening of its net loss attributable to Class A common stockholders to $(2.64) million, or $(0.09) per share, for the first quarter of 2026, compared to a net loss of $(0.24) million, or $(0.01) per share, in the prior year period. Total revenues declined by 14.1% year-over-year to $73.38 million. Despite the operational losses, the company substantially increased its cash and cash equivalents to $133.24 million, driven by significant proceeds from new loans and the issuance of redeemable preferred non-controlling interest and warrants.

OPAL Fuels Inc. announced that it will release its first quarter 2026 earnings results before market open on Monday, May 11, 2026. The company will also host a conference call on the same day at 11:00 a.m. Eastern Time to discuss the results.