Opal Fuels Inc. (NASDAQ: OPAL), a White Plains-headquartered producer and distributor of renewable natural gas (RNG) and renewable energy, has entered into a 50/50 joint venture with South Jersey Industries to develop, construct, own and operate RNG facilities.
The first facility will be at the Atlantic County Utilities Authority solid waste landfill in Egg Harbor Township, New Jersey. This facility will replace a previously decommissioned power plant and capture naturally occurring biogas, made up in large part by methane from the landfill, which will be upgraded to meet the required quality standards for distribution and sale.
The new facility is anticipated to have a nameplate capacity of 2,500 SCFM of landfill gas and is expected to produce more than 603,000 MMBtu or nearly 4.8 million gasoline gallon equivalent per year of RNG.
“The development of the Atlantic RNG facility with SJI marks just the beginning of our relationship, as together we will bring more production and distribution of RNG to New Jersey,” said Jonathan Maurer, co-CEO of Opal Fuels. “This joint venture furthers OPAL Fuels’ growth strategy as we look forward to leveraging our operational expertise to work with landfills to maximize the value of their resource and meet their ESG goals faster by displacing diesel fuel with RNG in heavy-duty truck fleets.”
