OPAL Fuels to monetize $100M in Section 45Z tax credits

In New York state, OPAL Fuels has entered into a master agreement establishing a framework to monetize $100 million of Section 45Z Clean Fuel Production Tax Credits over the next several years. The first closing is anticipated to take place in this quarter. 

This agreement represents another milestone in advancing OPAL Fuels’ strategy to optimize the value of its vertically integrated platform, enabling fleets to displace diesel with renewable and compressed natural gas (RNG and CNG) while delivering cost savings, greater pricing stability, and measurable sustainability outcomes to fleets.