OPAL Fuels subsidiary signs 25-year landfill gas agreement with Waste Management for new RNG facility

OPAL Fuels Inc.

Agreement gives OPAL Fuels right to purchase landfill gas from WM's Cottonwood Hills Landfill in Illinois.
OPAL Fuels will build and operate a facility to process landfill gas into renewable natural gas (RNG).
WM receives lease payment and royalties from RNG sales, including environmental credits.
Term is 25 years from start of facility operations.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

OPAL Fuels Inc. entered into Lease Agreement with Waste Management of Illinois, Inc. (effective 2023-03-13).

Action: entry
Agreement: lease
Counterparty: Waste Management of Illinois, Inc.
Effective: 2023-03-13

Exact text from the filing

On April 13, 2023, a wholly-owned subsidiary of OPAL Fuels Inc. (referred to herein as the “ Company ”) entered into a Landfill Gas Purchase and Sale Agreement and a Lease Agreement (collectively, the “ Agreements ”) with Waste Management of Illinois, Inc.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

OPAL Fuels Inc. entered into Landfill Gas Purchase and Sale Agreement with Waste Management of Illinois, Inc. (effective 2023-03-13).

Action: entry
Agreement: supply
Counterparty: Waste Management of Illinois, Inc.
Effective: 2023-03-13

Exact text from the filing

On April 13, 2023, a wholly-owned subsidiary of OPAL Fuels Inc. (referred to herein as the “ Company ”) entered into a Landfill Gas Purchase and Sale Agreement and a Lease Agreement (collectively, the “ Agreements ”) with Waste Management of Illinois, Inc.

View on SEC.gov

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Source: SEC EDGAR

accession 0001842279-23-000013

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