secwatch.observer — SEC 8-K summary
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Issuer:     OPAL Fuels Inc. (OPAL)
CIK:        0001842279
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001842279-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPAL Fuels 2022 revenue $235.5M (+42% YoY), RNG production 2.2M MMBtu (+38%), guides >50% growth in 2023
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- Revenue $235.5M for FY2022, up 42% YoY; Net income $32.6M vs $40.8M prior year.
- Adjusted EBITDA $60.7M, up 50% YoY; RNG production 2.2M MMBtu, +38% YoY.
- Co-CEOs forecast RNG production growth exceeding 50% in 2023, with accelerated growth expected in 2024.
- Advanced Development Pipeline totals 8.3M MMBtu across 19 projects; recently added 0.8M MMBtu.
- Renewed UPS agreement for 51 fueling stations for 10 years; signed agreements for 17 new OPAL stations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842279/000184227923000006/0001842279-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842279/000184227923000006/opal-20230327.htm
  HTML page:      https://secwatch.observer/filing/0001842279-23-000006

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